InvestmentWALTONHIL

WALTONHIL Approves Factory BMRE Investment

Published
Last verified by BullBD

Announcement summary

What happened
WALTONHIL approved a factory BMRE investment.
Purpose
BMRE of the company’s factory
Facility / project
Factory BMRE
Company
Walton Hi-Tech Industries PLC
Announcement published

Original announcement

Refer to their earlier news disseminated by DSE on 24.05.2021 regarding EGM for rearrangement of use of IPO proceeds the Company has further informed that the shareholders of the Company in the EGM held on July 14, 2021 have approved the re-arrangement of use of IPO proceeds of the Company. As per the approval, BDT 625,000,000.00 as allotted for BMRE, Unutilized amount from estimated IPO expenses of BDT 5,967,391.00. (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040052fc1
Original publication
Last verified by BullBD
Translation
BullBD
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