Business & Economy
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SK Trims shares drop as its production halts

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Business Report :

SK Trims and Industries Limited, owned by the controversial former NBR Member Matiur Rahman’s family, shares dropped around 10% as it announced to shut down the factory on the Dhaka Stock Exchange (DSE).
Its share price fell by 9.78% to settle at 16.60 on Sunday.
The company declared that it closed the factory as the court has frozen the all of bank accounts of the company as a corruption case going on against its owners.
As the bank account has been closed, the company cannot manage sufficient funds to run the factory, SK Trims said through the stock exchange.

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