The Company has informed that the Board of Directors has decided to invest in Balancing, Modernization, Rehabilitation and Expansion (BMRE) with an estimated cost of BDT 50.00 Crore. The source of the fund will be financed by its own Equity and Bank loan. Most of the machineries will be added/replaced gradually from China, Japan and European Countries with state-of-the-art spinning production facility. (Cont.)