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

(Cont. LRBDL): interest income generated from bank deposits on IPO Proceeds of BDT 16,396,045.00 up to 30.06.2021 and in addition, interest income to be generated in future will be utilized against the revised BMRE of the BDT 996,396,045.00. After the utilization of the entire IPO Proceeds, saved amount from IPO expenses, interest earned from IPO proceeds and interest to accrue thereon; if any, in excess of the said fund, the required amount will be financed from others means of finance. (End)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6170df6d03147376ea72de55
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.