Corporate DisclosureIFADAUTOS

IFADAUTOS Corporate Disclosure — 23 February 2017

Published
Last verified by BullBD

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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