The board of directors of listed company Olympic Industries has decided to purchase land at two locations. The total cost of the company will be more than 11.5 million rupees. This decision was taken yesterday (October 5) in the meeting of the board of directors of the company.
This information is known from Dhaka Stock Exchange (DSE) sources.
According to sources, the company will buy 12 decimal residential plots in Bashundhara Baridhara area. The company will spend 11 crore 51 lakh 50 thousand taka to buy this land. The price of each katha land is 94 lakhs.
Also, the company’s Biscuit and Confectionery Lagoa has decided to purchase a 6.13 decimal place in Kanchpur, Narayanganj. The company will spend 15 lakh 32 thousand 500 taka to buy this land. The value of each decimal land is 2 lakh 50 thousand taka.
