InvestmentMALEKSPIN
MALEKSPIN Approves Factory BMRE Investment
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 passed the following resolutions: (1) Resolved that the BMRE proposal No-1/2016 for an investment of Tk. 32.75 crore in re-structuring of the project by renovation/reconstruction in civil works, replacement/installation of new machinery and equipment for improved production/quality of products by funds to be borrowed from Banks/other sources be and is hereby approved.(cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf2d5a6b000040061f92
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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