Board of Bannari Amman Spinning Mills approves proposal for investment in Young Brand Apparel

At meeting held on 06 July 2017

The Board of Bannari Amman Spinning Mills at its meeting held on 06 July 2017 has approved the proposal to invest in its joint venture company - Young Brand Apparel. On completion of this proposed investment in additional 18% stake, the total investment will increase to 51.33%, thus making Young Brand Apparel a subsidiary of the Company.

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