InvestmentSSSTEEL
SSSTEEL Approves Factory BMRE Investment
Announcement summary
- What happened
- SSSTEEL approved a factory BMRE investment.
- Company
- S. S. Steel Limited
- Announcement published
Original announcement
The Company has informed that the Board of Directors has decided to invest approx. Tk. 200.00 Crores to acquire approx. 75% shares of "Southeast Union Ceramic Industries Limited" which is China-Bangladesh join venture. A state of the art ceramic tiles manufacturing factory located at Katakhali, Bagherhat, Khulna, Bangladesh with a current production capacity of approximate 96.00 million square feet per annum, subject to approval of shareholders in EGM. Venue, date and time of EGM will be notified later.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040054b32
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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