EGMSAIFPOWER
SAIFPOWER Corporate Disclosure — 30 May 2016
Announcement summary
- What happened
- SAIFPOWER published a corporate disclosure on 30 May 2016. Read the full announcement for details.
- Company
- SAIF Powertec Limited
- Announcement published
Original announcement
The Board of Directors has decided to raise the paid up capital of the Company by Issuing Rights share @ 2R:1 (2 rights for 1 existing share) @ Tk 20.00 including premium of Tk. 10.00 each for expansion of the battery project of the Company, to meet the requirement of working capital and to pay off debts of the Company subject to approval of shareholders in the EGM and BSEC and other Regulatory Authorities. (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf2d5a6b000040061cd7
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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