EGMIFADAUTOS
IFADAUTOS Corporate Disclosure — 5 June 2017
Announcement summary
- What happened
- IFADAUTOS published a corporate disclosure on 5 June 2017. Read the full announcement for details.
- Company
- IFAD Autos PLC.
- Announcement published
Original announcement
The Company has informed that the Board of Directors of the Company has decided to issue Rights share at the rate of 2R:5 (i.e. two Rights share for every five shares held) at an issue price of Tk. 20.00 each (including premium of Tk. 10.00 each) on paid up capital subject to approval by shareholders in EGM and BSEC and the other Regulatory Authorities. The amount raising from the Rights issue will be used for expansion of the Business, (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004005f44f
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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