InvestmentLRBDL

LRBDL Approves Factory BMRE Investment

Published
Last verified by BullBD

Announcement summary

What happened
LRBDL approved a factory BMRE investment.
Purpose
BMRE of the company’s factory
Facility / project
Factory BMRE
Company
Lub-rref (Bangladesh) Limited
Announcement published

Original announcement

The Company has informed that the BMRE of the Lube-Oil Re-refinery project will now be carried out by way of relocation to Company's own purchased land at Juldha Mouja in the Chittagong port Area across the river Karnafully for which all regulatory permissions have been obtained. The Company also have informed that the remaining IPO proceed amounting 980,000,000.00 after partial Bank loan adjustment and meeting others IPO expense, incurred and to be incurred, (Cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6170df6d03147376ea72de53
Original publication
Last verified by BullBD
Translation
BullBD
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