InvestmentWATACHEM

WATACHEM Approves Factory BMRE Investment

Published
Last verified by BullBD

Announcement summary

What happened
WATACHEM approved a factory BMRE investment.
Purpose
BMRE of the company’s factory
Facility / project
Factory BMRE
Company
Wata Chemicals Limited
Announcement published

Original announcement

(Continuation news of WATACHEM): "Advances, Prepayments and Deposits" include Taka 617,111,494 as advance against capital expenditures payment to suppliers for BMRE works in respect of new Plant & Equipment. However, a portion of such expenditure was financed by short term loan instead of long term loan. (cont.11)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b00004005580b
Original publication
Last verified by BullBD
Translation
BullBD
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