Coppertech signs deal with Mohammadi Electric Wires

Coppertech Industries Ltd (CIL) has signed a contract to supply copper wire worth Tk 52 crore annually to Mohammadi Electric Wires & Multi Products Ltd.

The copper products manufacturer will supply 40 tonnes of copper wire each month to Mohammadi Electric Wires, said SK Miraj Ali, company secretary of CIL.

Earlier, the company disclosed the agreement in this regard through a post on the Dhaka Stock Exchange website.

Coppertech closed marginally lower at Tk 39.4 per share yesterday.