Apex Footwear to raise Tk500cr via preference shares, declares 30% dividend
Apex Footwear plans to raise Tk500 crore through preference shares to settle existing loans and has announced a 30% dividend for its shareholders.
The Business Standard27 September 2026, 12:45 AM1 readsAMP
Apex Footwear has announced plans to issue preference shares to raise Tk500 crore, which will be utilized to pay off the company's outstanding loans. Additionally, the company declared a 30% dividend. The issuance of these shares remains subject to formal approval from both the company's shareholders and the Bangladesh Securities and Exchange Commission (BSEC).
