Corporate DisclosureMALEKSPIN

MALEKSPIN Corporate Disclosure — 23 June 2022

Published
Last verified by BullBD

Announcement summary

What happened
MALEKSPIN published a corporate disclosure on 23 June 2022. Read the full announcement for details.
Company
Malek Spinning Mills PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors has decided to issue a Zero Coupon Bond amounting BDT 290.00 crore to finance expansion and to reduce debts related to the expansion of the Company subject to approval of the Bangladesh Securities & Exchange Commission.

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

কোম্পানি জানিয়েছে যে পরিচালনা পর্ষদ বাংলাদেশ সিকিউরিটিজ অ্যান্ড এক্সচেঞ্জ কমিশনের অনুমোদন সাপেক্ষে কোম্পানির সম্প্রসারণ সংক্রান্ত ঋণ কমাতে এবং সম্প্রসারণে অর্থায়নের জন্য 290.00 কোটি টাকার একটি জিরো কুপন বন্ড ইস্যু করার সিদ্ধান্ত নিয়েছে।

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
62b3dd85cf6229bc6a695af7
Original publication
Last verified by BullBD
Translation
BullBD
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