Makalot Industrial Co., Ltd. Approves Investment Proposal of Plant and Establishment of Subsidiary in Bangladesh
October 18, 2022 at 05:50 am
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Makalot Industrial Co., Ltd. at its interim Board Meeting held on October 18, 2022, approved the investment proposal of the plant and the establishment of a subsidiary in Bangladesh reviewed by the Company's Audit Committee: In order to meet the production capacity requirements of the company's operational growth, the Board of Directors resolved to pass the investment proposal of the plant and the establishment of a subsidiary in Bangladesh. The total amount of the investment is USD 14.3 million, including capital investment of USD 10 million and loaning funds of USD 4.3 million.
Makalot Industrial Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of garments. The Company's main products are categorized into fashion apparel, sports apparel and sleeping apparel, including long short pants, T-shirts, dresses, shirts, pajamas, sports suits, skirts, vests, knitwear and jackets. The Company also provides materials development, supplier search and management, style design, fashion trends provision, manufacturing, research and development, logistics and electronic information exchange services. The Company distributes its products in domestic market and to overseas markets, including the United States and others.
MAKALOT INDUSTRIAL CO., LTD. 
