Corporate DisclosureLOVELLO

LOVELLO Corporate Disclosure — 8 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
LOVELLO published a corporate disclosure on 8 November 2021. Read the full announcement for details.
Company
Taufika Foods and Lovello Ice-cream PLC
Announcement published

Original announcement

The Company has informed that in order to cope up with the changing market demand and also with a view to increase production capacity of ice cream by a considerable volume the Company wants to modify the IPO Proceeds regarding Acquisition of Plant & Machinery as epitomized which is Instead of Cone Baking Machine as in the Prospectus the company now intends to procure Rollo Stick Ice-Cream Machine and Associate Machinery. Resolved that subject to confirmation of (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6188e40503147376ea4c3355
Original publication
Last verified by BullBD
Translation
BullBD
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