InvestmentWATACHEM
WATACHEM Approves Factory BMRE Investment
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
The Company has informed that their Board has decided to sanction the purchase of Tk 35.00 crore redeemable, non convertible, non cumulative, non participative debentures by ICB for the purpose of balancing, modernizing, replacement, expansion of the company's project situated at Murapara, Rupgonj, Narayangonj, Subject to approval of BSEC. The Board expects that the BMRE shall increase the capacity for the project and uses of its products which may be profitable for the company.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf2d5a6b000040062fc8
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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