Dhaka, March 22 -- Esquire Knit Composite Limited (EKCL) will invest Tk 5 crore in its 'Esquire Limited, a subsidiary of the company due to meet upcoming export opportunities. The board of directors approved it.

The Company has informed that the Board of Directors of the Company in its Meeting held on 20th March 2024 approved the investment decision amounting to BDT 50.00 million (BDT fifty million only) for its subsidiary ' Esquire Limited.

This investment is part of a continued investment by the Company in a subsidiary Company that will meet upcoming export opportunities and secure Profit and Dividend for the Company.

"This investment will be financed on the basis of withdrawal of Impress Capital Limited in an associate company of th...