Corporate DisclosureIFADAUTOS
IFADAUTOS Corporate Disclosure — 23 February 2017
Announcement summary
- What happened
- IFADAUTOS published a corporate disclosure on 23 February 2017. Read the full announcement for details.
- Company
- IFAD Autos PLC.
- Announcement published
Original announcement
The Company has informed that the Board of Directors has taken decision to erect a 9 storied new office building, measuring of 37,935 square feet, situated at Tejgaon Industrial Area, Dhaka. The construction works of new office building, with a project duration of approximately 25 months, will commence on February 23, 2017. The total cost will be Tk. 43.00 crore (approx.) of which Tk. 30.00 crore will be financed from bank and the remaining amount shall be used out of the Company's own fund.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004005ff87
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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