InvestmentRAHIMTEXT

RAHIMTEXT Approves Factory BMRE Investment

Published
Last verified by BullBD

Announcement summary

What happened
RAHIMTEXT approved a factory BMRE investment.
Purpose
BMRE of the company’s factory
Facility / project
Factory BMRE
Company
Rahim Textile Mills PLC.
Announcement published

Original announcement

The Company has further informed that reasons for declaration of stock dividend: a) The Company has informed the declared bonus share for every ordinary share held by capitalizing an amount of Tk. 8,599,712.00 from free reserves due to requirement of retention of funds for continuation of existing BMRE plan and to meet other investment requirements which would reduce borrowing from Banks (cont.1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040058d32
Original publication
Last verified by BullBD
Translation
BullBD
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