InvestmentMALEKSPIN

MALEKSPIN Approves Factory BMRE Investment

Published
Last verified by BullBD

Announcement summary

What happened
MALEKSPIN approved a factory BMRE investment.
Purpose
BMRE of the company’s factory
Facility / project
Factory BMRE
Company
Malek Spinning Mills PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors has approved the proposal for BMRE of the existing project and installing a new plant at Bhaluka, Mymenshingh of the company along with land & factory building, civil constructions & others, Machinery and Equipments at an estimated total investment of Tk. 213.19 crores. The existing production capacity of the company is 35,000 Kgs. yarn per day i.e. 12,600,000 Kgs. yarn per annum with 63,624 Spindles. (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040053252
Original publication
Last verified by BullBD
Translation
BullBD
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