Corporate DisclosureMEGHNACEM

MEGHNACEM Corporate Disclosure — 13 August 2018

Published
Last verified by BullBD

Announcement summary

What happened
MEGHNACEM published a corporate disclosure on 13 August 2018. Read the full announcement for details.
Company
Meghna Cement Mills PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors has recommended to issue the Fully Redeemable Preference Shares of Tk. 100.00 crore only to raise its Capital through Private Placement, subject to the approval of the shareholders and by the Regulatory Authorities. The generated fund will be utilized to increase the production capacity for business augmentation and to maintain better leverage ratio of the Company. (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acef05a6b00004005c1d5
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.