Monospool-Magura Multiplex Plans Machinery Upgrade

Date:

Post View:

Monospool-Magura Multiplex Plans Machinery Upgrade

The boards of directors for Monospool Bangladesh and Magura Multiplex, both listed on the capital market, have made the decision to acquire new machinery to enhance their production capacity.

This information was disclosed by sources from the Dhaka Stock Exchange (DSE) on Monday, September 15.

The board of Monospool Bangladesh, which is listed on the stock market, has resolved to purchase new machinery to boost production capacity. The company plans to acquire hot stamping machines, inkjet lithography machines, Miyakosi A4 cutting machines, and 6TPH steam green broilers using its own funds. The board believes that this investment will positively influence the company’s revenue and profits.

Similarly, the board of directors of another listed entity, Magura Multiplex, has also decided to invest in new machinery to expand production capacity.

The company intends to buy KBA machines, rewinder machines, folding gluing machines, die cutting machines, foil stamping machines, single color printing machines, folding machines, and swing machines, all funded through its own resources.

The acquisition of this machinery is expected to enhance the production of packaging materials, printed products, carton boxes, cutting materials, and more. The board of directors is confident that this will positively affect the company’s income and profitability.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Asian Tourism Fair Begins at ICCB

B.Mirror Desk: The three-day 13th Asian Tourism Fair (ATF)...

‘Super Sale Car Bazar’ Returns to ICCB’s Premium Venue This Friday

B.Mirror Desk: The popular 'Super Sale Car Bazar' is...

Shahjalal islami bank chairman elected ibcf chairman

  The 67th Meeting of the Islamic Banks Consultative Forum...

UCB, BYD Bangladesh partner to ease vehicle financing

United Commercial Bank PLC (UCB) and BYD Bangladesh have...