Corporate DisclosureQUEENSOUTH
QUEENSOUTH Corporate Disclosure — 29 October 2019
Announcement summary
- What happened
- QUEENSOUTH published a corporate disclosure on 29 October 2019. Read the full announcement for details.
- Company
- Queen South Textile Mills Limited
- Announcement published
Original announcement
(Continuation news of QUEENSOUTH): The Company has also informed that IPO proceeds will be used by this year as only construction of Automatic Warehouse has remain balance which foundation works already been finished and LC has been opened for steel structure and others equipment's. The Board has decided to sale old machineries which cost of Tk. 25,40,91,698.15 and WDV was Tk. 4,64,99,747.71 while going to import new machineries for Tk. 79,42,11,000.00 to modernization. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b00004005886c
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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