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Akij Jute Mills to acquire Malaysian firms

Related Keywords: AKIJ Jute Mills Ltd, catering to carpet manufacturers, end users of jute yarn all over the world, export oriented Jute yarn Industry, gets green light to remit, invest in overseas purchase, Malaysian fibreboard manufacturing firm Robin Resources, set to become seventh Bangladeshi company, subsidiary Robina Flooring, unit of Akij Group

AKIJ JUTE MILLS LTD a unit of Akij Group is a export oriented Jute yarn Industry catering to the need to carpet manufacturers and other end users of jute yarn all over the world is all set to become the seventh Bangladeshi company to invest in overseas purchase of Malaysian fibreboard manufacturing firm Robin Resources and its subsidiary Robina Flooring after the government yesterday gave it the green light to remit $20 million to acquire Malaysian company along with its subsidiary for $80 million.

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