InvestmentSQUARETEXT
SQUARETEXT Approves Factory BMRE Investment
Announcement summary
- What happened
- SQUARETEXT approved a factory BMRE investment.
- Purpose
- BMRE of the company’s factory
- Facility / project
- Factory BMRE
- Company
- Square Textiles PLC.
- Announcement published
Original announcement
The Board of Directors has recommended 20% cash dividend and 10% stock dividend for the year ended on December 31, 2013. Date of AGM: 16.06.2014, Time: 10:30 AM, Venue: Factory Premises, Sardaganj, Kashimpur, Gazipur, Dhaka. Record Date: 20.05.2014. The Company has also reported NAV of Tk. 4,864.12 million, EPS of Tk. 4.37 and NOCFPS of Tk. 4.86 for the year ended on December 31, 2013. The Board of Directors has also approved Tk. 30.00 crore for BMRE, Capital Machineries and purchase of land for further expansion.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf6b5a6b0000400663e3
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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