Corporate DisclosureQUEENSOUTH

QUEENSOUTH Corporate Disclosure — 22 August 2023

Published
Last verified by BullBD

Announcement summary

What happened
QUEENSOUTH published a corporate disclosure on 22 August 2023. Read the full announcement for details.
Company
Queen South Textile Mills Limited
Announcement published

Original announcement

The company has informed that the Board of Directors of the Company has decided to invest BDT 12,50,00,000.00 (10% of total paid-up capital) for the proposed Digital Bank namely "Open Digital Bank PLC" as a sponsor shareholder subject to the approval of regulatory authorities.

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

কোম্পানি জানিয়েছে যে কোম্পানির পরিচালনা পর্ষদ স্পন্সর শেয়ারহোল্ডার হিসেবে প্রস্তাবিত ডিজিটাল ব্যাংক যথা "ওপেন ডিজিটাল ব্যাংক পিএলসি" এর জন্য 12,50,00,000.00 টাকা (মোট পরিশোধিত মূলধনের 10%) বিনিয়োগ করার সিদ্ধান্ত নিয়েছে। নিয়ন্ত্রক কর্তৃপক্ষের অনুমোদন।

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
64e43159a7ae9d76459e4696
Original publication
Last verified by BullBD
Translation
BullBD
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