STYLECRAFT লিমিটেড

Tuesday, December 28, 2010 Unknown
The Company has informed that the Board of Directors has decided the following:
প্রোডাকশন ক্যপাসিটি বাড়ানোর জন্য ৭ কোটি টাকা বারতি যুক্ত করা হবে ,লোন দিবে পুবালি ব্যাংক CDBL এর ১১৩৮৮৯ টি শেয়ার সাবস্ক্রাইব করবে,মুল্য পার শেয়ার ৬০ টাকা(1) to purchase machineries to increase production capacity due to Buyers' continuous persuasion. It will cost around Tk. 7.00 crore and to meet up the required fund, the company will apply to Pubali Bank Limited, Foreign Exchange Branch for Tk. 6.30 crore as urgent basis term loan for a tenure of 5 years, which will be adjusted from future export proceeds. The balance fund for Tk. 70.00 lac will be arranged from company's own source and
(2) to subscribe to the additional 1,13,889 shares of CDBL against entitlement of company's existing 4,00,000 shares. The issue price of additional shares is Tk. 60.00 per share totaling Tk. 68,33,340.00 which will be arranged from company's own source.

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