Corporate DisclosureSIMTEX
SIMTEX Corporate Disclosure — 19 September 2018
Announcement summary
- What happened
- SIMTEX published a corporate disclosure on 19 September 2018. Read the full announcement for details.
- Company
- Simtex Industries PLC.
- Announcement published
Original announcement
The Company has informed that the Board of Directors has decided to set up a spinning unit of 26,000 spindles to produce high quality spun polyester Sewing Thread. The estimated production capacity of the unit will be 15 MT per day of Raw Sewing Thread which would cover 75% of existing raw material requirement of the Company. The project cost will be around Tk. 180.00 crore.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acef05a6b00004005be21
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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