Corporate DisclosureSEAPEARL

SEAPEARL Corporate Disclosure — 19 October 2021

Published
Last verified by BullBD

Announcement summary

What happened
SEAPEARL published a corporate disclosure on 19 October 2021. Read the full announcement for details.
Company
Sea Pearl Beach Resort & Spa Limited
Announcement published

Original announcement

(Continuation news of SEAPEARL): The management of the Company opined that the shortfall was made due to lock down policy of Government for COVID-19 situation and increase of attainable capacity of the Company to 102,252 nos. rooms per year. Further, it is mentioned that as of 30 June 2021 the Company has indebted to the extent of Tk. 4,625,781,265 consisting of long term loan, short term loan, SPBRSL 20% Convertible Secured Bond and lease finance. (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616e48da03147376ea663076
Original publication
Last verified by BullBD
Translation
BullBD
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