InvestmentKEYACOSMET

KEYACOSMET Approves Factory BMRE Investment

Published
Last verified by BullBD

Announcement summary

What happened
KEYACOSMET approved a factory BMRE investment.
Purpose
BMRE of the company’s factory
Facility / project
Factory BMRE
Company
Keya Cosmetics Ltd.
Announcement published

Original announcement

(Continuation news of KEYACOSMET): The Company has also informed that reason for declaration of stock dividend is follows: i) The Company has already opened few machineries L/C's as BMRE of the factory, which will be adjusted from own source. For this BMRE Company needs more cash flow during this year. ii) Bonus share is declared from current year profit. iii) As bonus share is declared from current year profit, it will not negatively affect on retain earning. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040054e7e
Original publication
Last verified by BullBD
Translation
BullBD
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