NTLTUBES Approves Factory BMRE Investment

The Company has informed that the Board of Directors has decided to establish a steel Structure and Fabrication unit in its factory premises at total estimated cost of Tk. 1,33,85,000.00 where initial amount of investment will be Tk. 63,65,000.00 (Aprox), for production diversification. The Company also mentioned that around 1000 M.Ton fabrication works per year after full swing start the unit, about Tk. 50.00 lacs surplus revenue may be gained from the unit. (cont.)