Business Desk :
Fu-Wang Ceramic Industries, a listed ceramic maker with foreign and local shareholders, will invest Tk 650 crore to extend its business.
The company’s board of directors took the decision to increase its tiles production capacity by about 15,000 square metre a day through a greenfield project.
The company disclosed the information on Sunday through a posting on the website of the Dhaka Stock Exchange.
After the release of the disclosure, the company’s share price rose by 2.15 per cent from the previous trading day to hit Tk 19 on Sunday.
