Corporate DisclosureRUNNERAUTO

RUNNERAUTO Corporate Disclosure — 11 November 2021

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Last verified by BullBD

Announcement summary

What happened
RUNNERAUTO published a corporate disclosure on 11 November 2021. Read the full announcement for details.
Company
Runner Automobiles PLC
Announcement published

Original announcement

The Company has informed that it revised the IPO proceed dated 24th February 2020 for the manufacture of 3-wheeler which supposed to be completed within 24 months from the date of approval. LC of the machineries already opened and the local construction going on simultaneously. But due to the impact of COVID 19 most of the countries were under lock down for several months which delayed the production and shipment of the capital machineries on due time. (Cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
618cad6503147376ea7fc044
Original publication
Last verified by BullBD
Translation
BullBD
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