Corporate DisclosureSINGERBD
SINGERBD Corporate Disclosure — 31 August 2020
Announcement summary
- What happened
- SINGERBD published a corporate disclosure on 31 August 2020. Read the full announcement for details.
- Company
- Singer Bangladesh Limited
- Announcement published
Original announcement
The Company has informed that the Board of Directors has approved to the amalgamation of the Company with its 100% subsidiary International Appliance Limited (IAL), whereby IAL will merge with the Company, and the Company shall be the surviving entity. The approval is subject to requisite approval of the banks and other creditors to the Company, approval of the shareholders of the Company and finally, sanction of the Hon'ble High Court Division of the Supreme Court of Bangladesh.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b0000400564c9
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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