The Company has informed that the Board of Directors has decided to purchase 2 brand new capital machineries under the credit facilities of HSBC, Dhaka with the following specifications: Name of Machineries: Double Drum Raising Machine and Weft Straightener ORTHOPAC, Countries of Origin: Italy and Federal Republic of Germany respectively, Mode of payments: Irrevocable L/C at sight (UPAS), Price in Euro (): 1,38,000.00 and 37,000.00 respectively with gross total amounting to Euro 1,75,000.00.