Related Keywords: 40 percent stake of EOS Textiles Mills Limited, Berto EG Industria Tessile Srl, best available infrastructural facility, leading denim fabric producers, located at Dhaka Export Processing Zone, plans to acquire, SDL, Shasha Denims Limited, sister concern of Italian company, sister concern of Shasha Group, worth approximately Tk 480 million
Shasha Denims Limited (SDL), a sister concern of Shasha Group, one of the leading denim fabric producers in Bangladesh suitably located at Dhaka Export Processing Zone (DEPZ) with the best available infrastructural facility plans to acquire 40 percent stake of EOS Textiles Mills Limited worth approximately Tk 480 million.
The Shasha Denims said that approximately Tk 480 million, of which Tk 300 million will come from IPO fund, as per approval by shareholders in the 20th annual general meeting, said a disclosure posted on the Dhaka bourse’s website on Sunday.
