Shasha Denims nears fully owning Italian firm’s local subsidiary Star Business Report Star Business Report
Leading exporter Shasha Denims has acquired another 18 per cent stakes of an Italian company s Bangladesh-based subsidiary, EOS Textile Mills, for Tk 21.79 crore, taking its ownership to 98 per cent.
A disclosure in Dhaka Stock Exchange s (DSE) website says Shasha also received two plots of 4,005.12 square metres at Dhaka Export Processing Zone Extension Area from Bangladesh Export Processing Zones Authority for future expansions.
Shasha s consolidated earnings per share was Tk 0.43 for July-December 2020 against Tk 1.02 for July-December 2019 while the consolidated net operating cash flow per share was Tk 0.52 and Tk 4.14 respectively.
How an EPZ transformed thousands of lives
Uttara EPZ in Nilphamari emerges as a hub of economic wellbeing and empowerment for women
A steady stream of mostly female workers heads off into Uttara export processing zone in Nilphamari early in the morning. The photo was taken recently. Photo: EAM Asaduzzaman
It is a transformation out of a fairy tale. A land once characterised by thatched houses and abject poverty now dotted with sturdy brick and tin residences and the unmistakeable signs of people relishing life s comforts.
Sounds blare out from programmes running on colour televisions while quality furniture give off an air of comfort and dressing tables showcase a variety of cosmetics. Ask for in any house, you are sure to get a cool glass of water poured right out of a refrigerator.
Amid pandemic, HK-based apparel maker trying to sell EPZ unit
With production suspended amid the fallouts of Covid-19, the management of Hong Kong-based woven garments maker Kwun Tong Apparels is trying to sell off the unit inside Adamjee Export Processing Zone. I am looking for potential investors who can buy my factory, Sanjeev Tikam Mahtani, chairman of Kwun s sister concern Must Garment Corporation, told The Daily Star on Wednesday. He has a second garment factory in Bangladesh. I have been doing business over the last 40 years in Bangladesh. I have never faced such a big crisis in my life that I faced last year, he said over a WhatsApp call from Hong Kong.
BEPZA inks lease agreement virtually with Chinese company | Bangladesh Sangbad Sangstha (BSS) bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.
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BEPZA inks lease deal with Chinese company The New Nation
Bangladesh Export Processing Zones Authority (BEPZA) has set another example by signing a lease agreement virtually with a Chinese company Ms Sun-A Oral Care Products Company Limited.
BEPZA and Ms Sun-A Oral Care Products Company on Wednesday inked a deal to this effect connecting virtually from BEPZA Executive Office in the city, said a press release.
This fully foreign owned company is going to establish an oral and dental care products manufacturing industry with an investment of US$ 4.01 million in Chattogram EPZ.
BEPZA has taken such initiative to continue the flow of investment in the new global crisis caused by the corona pandemic.