Corporate DisclosureNORTHERN

NORTHERN Corporate Disclosure — 28 December 2017

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Last verified by BullBD

Announcement summary

What happened
NORTHERN published a corporate disclosure on 28 December 2017. Read the full announcement for details.
Company
Northern Jute Manufacturing Co. Ltd.
Announcement published

Original announcement

The Company has informed that the Islamic Development Bank which is holding 30% shares of Northern Jute Manufacturing Company Limited, is willing to resign voluntarily from the Board of Directors of Northern Jute Manufacturing Company Limited. The Company has further informed that the currently the joint shareholding proportion of the Sponsors and Directors of the Company is 44.06% which includes 30% shares of Islamic Development Bank. If Islamic Development Bank resigns from the Board, (Cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acef05a6b00004005db4e
Original publication
Last verified by BullBD
Translation
BullBD
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