InvestmentWMSHIPYARD

WMSHIPYARD Approves Factory BMRE Investment

Published
Last verified by BullBD

Announcement summary

What happened
WMSHIPYARD approved a factory BMRE investment.
Purpose
BMRE of the company’s factory
Facility / project
Factory BMRE
Company
Western Marine Shipyard Limited
Announcement published

Original announcement

(Continuation news of WMSHIPYARD): offering Rights Shares @ 1.25R : 1 (1.25 rights shares for 1 existing share @ Tk.20.00 each including Tk.10.00 premium) for expansion of the shipyard capacity, BMRE and to pay off debts of the Company, subject to the approval of Shareholders in the 6th EGM, BSEC and other Regulatory Authorities. Date of EGM & AGM: 30.12.2017. Time of EGM & AGM: 11:00 AM & 11:30 AM respectively. Venue: Chittagong Boat Club, Air Port Road, East Patenga, Chittagong. (cont. 2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acef05a6b00004005e18f
Original publication
Last verified by BullBD
Translation
BullBD
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