Corporate DisclosureMATINSPINN
MATINSPINN Corporate Disclosure — 6 November 2014
Announcement summary
- What happened
- MATINSPINN published a corporate disclosure on 6 November 2014. Read the full announcement for details.
- Company
- Matin Spinning Mills PLC
- Announcement published
Original announcement
The Company has informed that the Board of Directors of the Company has decided to further expansion of production capacity by 7 ton (per day) synthetic yarn in addition to the existing capacity of 25 ton of Carded and Combed yarn and 10 ton (per day) mélange yarn project (under implementation with IPO proceeds ) at a projected cost of Tk. 101.40 crore out of which 66.78 crore will be availed as Loan from The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh and the rest amount of Tk. 34.62 crore will be financed from Company's own source.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf6b5a6b0000400659bb
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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