InvestmentSAIHAMTEX
SAIHAMTEX Approves Factory BMRE Investment
Announcement summary
- What happened
- SAIHAMTEX approved a factory BMRE investment.
- Purpose
- BMRE of the company’s factory
- Facility / project
- Factory BMRE
- Company
- Saiham Textile Mills Ltd.
- Announcement published
Original announcement
(Cont. News of SAIHAMTEX):In this circumstances, The Board of Directors of Saiham Textile Mills Ltd. has decided in the Board meeting held on May 10, 2026 to suspend the production and close Spinning Unit on June 01, 2026 to avoid further financial losses. The Board has also decided to disposes off all Spinning Unit machineries at the earliest to facilitate BMRE. For these reasons the production of the Spinning Unit will remain close for the period of 18 (eighteen) months (approx.) (cont.2)
Bangla translation
A Bangla translation is under review because critical figures or dates did not match the English disclosure.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 6a015404f35b0b05d22b3bf2
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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