Corporate DisclosureNPOLYMER
NPOLYMER Corporate Disclosure — 23 July 2020
Announcement summary
- What happened
- NPOLYMER published a corporate disclosure on 23 July 2020. Read the full announcement for details.
- Company
- National Polymer Industries PLC.
- Announcement published
Original announcement
The Company has informed that Board of Directors has approved the decision of availing a credit facility (Long Term Loan) of Tk. 190.00 Crore from National Fittings and Accessories Limited (NAFL), a privately held company. This loan shall be used to set off several existing high cost loans from NBFI and commercial banks to reduce cost and free up working capital lines and thereby ensure smooth operations of the company during the current situation. (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056a02
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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