Corporate DisclosureRINGSHINE

RINGSHINE Corporate Disclosure — 23 May 2021

Published
Last verified by BullBD

Announcement summary

What happened
RINGSHINE published a corporate disclosure on 23 May 2021. Read the full announcement for details.
Company
Ring Shine Textiles Limited
Announcement published

Original announcement

The Company has informed that Bangladesh Securities and Exchange Commission has accorded its approval for withdrawal of IPO proceeds of BDT 40 (forty) Crore from BRAC Bank Limited for utilization as 1. Worker?s Retrenchment BDT 15.00 Crore; 2. BEPZA Liabilities BDT 3.00 Crore; 3. Titas Gas Liability BDT 3.50 Crore; 4. Premier Bank Ltd. Liability BDT 10.00 Crore; 5. Dhaka Bank Ltd Liability BDT 6.00 Crore; 6. Miscellaneous Expenses BDT 2.50 Crore; Total BDT 40.00 Crore. (Cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040053767
Original publication
Last verified by BullBD
Translation
BullBD
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