Corporate DisclosureSHEPHERD

SHEPHERD Corporate Disclosure — 7 November 2017

Published
Last verified by BullBD

Announcement summary

What happened
SHEPHERD published a corporate disclosure on 7 November 2017. Read the full announcement for details.
Company
Shepherd Industries PLC
Announcement published

Original announcement

The Company has informed that the Board of Directors has proposed that the un-utilized funds of IPO proceeds will be used in the following manner subject to approval of the Shareholders in General Meeting and the BSEC: i. Building: Tk. 45,360,000.00 and ii. Machineries & Installation: Tk. 70,467,053.00; in total Tk. 115,827,053. Previously total unutilized fund was Tk. 114,576,375.00 (Building: Tk. 28,140,524.00, ETP: Tk. 15,424,550.00, Machineries & Installation: Tk. 61,910,807.00 (Cont. 1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acef05a6b00004005e269
Original publication
Last verified by BullBD
Translation
BullBD
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