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

(Continuation news of RAHIMTEXT): for Tk. 57.53 crore to be implemented by funds generated from internal sources and taking loan from banks and other sources. The proposed BMRE plan No.-2 will improve the product quality and enhance the production capacity of the company from 265.20 lac yards to 499.20 lac yards per annum. As a result of that the company is expecting to sell its products at higher prices and retain better margin. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b000040062640
Original publication
Last verified by BullBD
Translation
BullBD
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