EGMRUNNERAUTO

RUNNERAUTO Corporate Disclosure — 25 February 2020

Published
Last verified by BullBD

Announcement summary

What happened
RUNNERAUTO published a corporate disclosure on 25 February 2020. Read the full announcement for details.
Company
Runner Automobiles PLC
Announcement published

Original announcement

The Company has informed that BSEC has approved the revised proposal of IPO Proceeds amounting to BDT 63 crore which was approved earlier by the shareholders in the 6th EGM of the company held on 17 December 2019. According to revision, BDT 12.18 crore in chassis wielding line, 7.1 crore in body wielding line, 27.72 crore in paint shop and 16 crore in vehicle assembling & testing, total BDT 63 crore will be used for establishment of assembling unit of three wheelers. (cont. 1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400575a7
Original publication
Last verified by BullBD
Translation
BullBD
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