Corporate DisclosureMALEKSPIN

MALEKSPIN Corporate Disclosure — 9 May 2016

Published
Last verified by BullBD

Announcement summary

What happened
MALEKSPIN published a corporate disclosure on 9 May 2016. Read the full announcement for details.
Company
Malek Spinning Mills PLC.
Announcement published

Original announcement

(continuation news of MALEKSPIN): (2) The Board of Directors of Salek Textile Limited (a Subsidiary of Malek Spinning Mills Limited, which holds 97.925% shares) had approved a scheme of its expansion of fabric unit by an investment of Tk. 144.58 crore. The investment will be met from internal generation of funds/borrowing from Banks/other sources by Salek Textile Ltd., Malek Spinning Mills will not be required to make any investment. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b000040061f91
Original publication
Last verified by BullBD
Translation
BullBD
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