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

(Continuation news of MALEKSPIN): The estimated investment of Tk. 92.62 crore would be available from internal generation of funds and loan from Banks. The Company, Malek Spinning Mills Limited, will not be required to provide any funds in the BMRE of J.M. Fabrics Limited. The Board of Directors of Malek Spinning Mills Limited had confirmed the decision of the Board of Directors of J.M. Fabrics Limited. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004005f0d6
Original publication
Last verified by BullBD
Translation
BullBD
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