Corporate DisclosureNEWLINE
NEWLINE Corporate Disclosure — 11 December 2019
Announcement summary
- What happened
- NEWLINE published a corporate disclosure on 11 December 2019. Read the full announcement for details.
- Company
- New Line Clothings Limited
- Announcement published
Original announcement
(Continuation news of NEWLINE): Proposed time line is up to December 31, 2020 subject to approval by the Honorable Shareholders & Regulator. In connection with Long Term Loan Repayment, the Company informed that this shall be settled by February 28, 2020. Proposed time line is up to 30 days subject to approval by the Honorable Shareholders & Regulator. The Company also informed that this entire automation process is aimed to increase revenue by 20-25% and reduce cost by 15-20%. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b000040057eed
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from NEWLINE
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