Corporate DisclosureNEWLINE

NEWLINE Corporate Disclosure — 11 December 2019

Published
Last verified by BullBD

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): In connection with Extension of Factory Building, the Company is willing to revise this plan entirely. Out of allotted fund of Tk. 76,382,990.00 only, Tk. 34,335,534.00 shall be used for renovation and accuracy & obtaining 100% score as per Accord standard. On top of this another 18,000 sft. building area shall be built as Mezzanine floors at ground level. The Balance Tk. 42,047,456.00 shall be moved to Investing on Automation of production process. (cont.3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040057eee
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.