Paper processing will integrated with Magura Paper
Stock market Desk , Published: 2023-03-13 14:53:49, Updated: 2023-03-13 14:53:49
A listed company in the paper processing sector in the capital market, Paper Processing and Packaging Limited has decided to merge with Magura Paper.
This information is known from DSE sources.
It is learned that the board of directors of the company has approved the merger draft subject to permission from the High Court.
The merger of the two companies is subject to the approval of the capital market regulator Bangladesh Securities and Exchange Commission (BSE), creditors, banks and other agencies.
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