Corporate DisclosureSHASHADNIM

SHASHADNIM Corporate Disclosure — 17 February 2019

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Last verified by BullBD

Announcement summary

What happened
SHASHADNIM published a corporate disclosure on 17 February 2019. Read the full announcement for details.
Company
Shasha Denims PLC.
Announcement published

Original announcement

Referring to their earlier news disseminated by DSE on 25.02.2018, the Company has further informed that the Board of Directors has decided to acquire 80% shares of EOS Textile Mills Ltd. instead of earlier decision of 40% shares at a value of US $ 12.00 million in which the company already paid Tk. 30.00 crore from IPO fund. Rest of the amount will be paid from its cash flow after getting approval from Bangladesh Bank.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005a760
Original publication
Last verified by BullBD
Translation
BullBD
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