The company has announced the closure of the factory of Metro Spinning Limited listed in the capital market for the next 1 year.

This information is known from Dhaka Stock Exchange (DSE) sources.

According to sources, the production activities of the company will be closed for one year due to renovation of the company’s building and change of machineries.

Besides, new machineries are being purchased for the company. which will replace the old ones. Besides, the factory building will be renovated. Trial production will then begin.