Regent Textile Mills to acquire Legacy Fashion for Tk83 crore

Regent Textile Mills will acquire 99% shares of Legacy Fashion Limited for Tk83.01 crore, using Tk80 crore from its IPO fund, as a new RMG project.

“The Board of Directors of the publicly listed Regent Textile Mills Ltd has decided to use its Initial Public Offering (IPO) fund to acquire 99% shares of its own entity, Legacy Fashion Limited, as a new RMG project.”publisher.tbsnews.net

• 1 source
• publisher.tbsnews.netRegent Textile to buy own entity with IPO fund | The Business StandardTBS ReportOct 20, 2020

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