InvestmentTALLUSPIN
TALLUSPIN Approves Factory BMRE Investment
Announcement summary
- What happened
- TALLUSPIN approved a factory BMRE investment.
- Purpose
- BMRE of the company’s factory
- Facility / project
- Factory BMRE
- Company
- Tallu Spinning Mills Ltd.
- Announcement published
Original announcement
The Company has informed the following: "The purpose of raising capital through rights shares were mainly to set up of a new spinning unit with 22,000 spindles, BMRE of the existing project and partial repayment of term loans. In order to run the proposed new unit and the existing factory after implementing the BMRE we were in necessary to get sanction of required additional load of natural gas to supply power to the factories. In preparation for this we duly applied to Titas Gas Transmission and Distribution Company Ltd. well ahead of time. (cont.1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf6b5a6b000040065dc9
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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