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Tuesday, 17 Jul '18
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2018-07-11: Query Response on a news published in the online newspaper

KEYACOSMET: In response to a DSE query dated June 27, 2018 regarding a news published in the online newspaper with regard to ''Sonali Bank is taking the Properties of Keya Cosmetics Limited in auction'', Keya Cosmetics Ltd. has given the following response: ''We would like to inform you that we are maintaining financial transaction with Sonali Bank Ltd., BB Avenue Corporate Branch under the titled ''Keya Cosmetics Ltd. '' and availed loan facility time to time. But last few years because of non-cooperation of Sonali Bank Ltd. we failed to maintain loan repayment in due time. Since, last four years they didn't provide us renewal of our working capital facility which was approved by their board.(cont-1)

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