Corporate DisclosureZAHEENSPIN

ZAHEENSPIN Corporate Disclosure — 20 August 2017

Published
Last verified by BullBD

Announcement summary

What happened
ZAHEENSPIN published a corporate disclosure on 20 August 2017. Read the full announcement for details.
Company
Zaheen Spinning PLC.
Announcement published

Original announcement

(Continuation news of ZAHEENSPIN):. Fund to be raised through Rights issue will be utilized for the following purposes: A) Expansion of the Existing Project Tk. 766,027,000.00; B) Working Capital Tk. 150,000,000.00; C) Partial Repayment of Term Loan Tk. 50,000,000.00; D) Rights Issue Expenses (approx) Tk. 19,500,000.00. Total utilization of the Rights Issue Fund Tk. 985,527,000.00. (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004005ed5f
Original publication
Last verified by BullBD
Translation
BullBD
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