The Company has informed that the Board of Directors of the Company has taken the following resolutions: 1. has decided to go for commercial production of Saiham Cotton Mills Ltd. (Unit-2) from May 31, 2014, the proceeds of which were mainly received from Initial Public Offering, 2. The total cost of setting up of the additional unit is Tk. 1,12,17,48,482.00 and 3. The additional unit will generate approximately extra revenue of Tk. 170.00 crore to the existing turnover.