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BRAC EPL Investments Limited has recently signed an agreement with Generation Next Fashions Limited for providing issue management service for the forthcoming IPO of the garment maker.

Generation Next Fashions is a 100 per cent export oriented textile and apparel company operating in the country since 2006, said a press release.

The company is planning to raise about Tk 1,800 million from the local capital market through IPO under Book Building system.

BRAC EPL Investments Limited CEO Khaled Yusuf Farazi and Generation Next CEO Javed Chaudhury signed the agreement on behalf of their respective organisations.

Vice Chairman Saiful Islam, Senior Manager (Investment Banking) Md Rafiqul Islam and other members of the investment banking team of BRAC EPL Investments Limited were present on the occasion.

Chairman Tuhu Chaudhury, Vice Chairman Rajiv Sethi, Company Secretary and GM Finance Hasan Reza and other high officials of Generation Next Fashions Limited were also present.

Source: http://www.thefinancialexpress-bd.com


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