InvestmentMETROSPIN

METROSPIN Approves Factory BMRE Investment

Published
Last verified by BullBD

Announcement summary

What happened
METROSPIN approved a factory BMRE investment.
Purpose
BMRE of the company’s factory
Facility / project
Factory BMRE
Company
Metro Spinning Ltd.
Announcement published

Original announcement

(Continuation news of METROSPIN): with production capacity 25,000 kg per day and 91,25,000 kg per annum. The Projected annual turnover of the project will be BDT 300.00 crore only approximately. After successful completion of BMRE program the productivity and profitability of the Company will increase remarkably. Company will notify detail implementation schedule of BMRE Program to the shareholder and regulatory in due course of time. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b0000400522bc
Original publication
Last verified by BullBD
Translation
BullBD
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