InvestmentSAIHAMTEX

SAIHAMTEX Approves Factory BMRE Investment

Published
Last verified by BullBD

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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