News


Date Event
May 27, 2015 Approval of IPO

BSEC approved to issue 1.20 crore ordinary shares of KDS Accessories Ltd. at an offer price of taka 20 each (including a premium of taka 10 each) in its 545th meeting held on May 27, 2015.
July 08, 2015 Consent of IPO

KDS Accessories Ltd. has received consent for raising of capital through Initital Public Offering (IPO) vide letter no. SEC/CI/IPO-217/2013/315 dated July 8, 2015. The company will raised a fund worth taka 240 million under fixed price method through 12 million of ordinary shares at an offer price of taka 20 (including a premium of taka 10 each) against taka 10 per share value. Taka 150 million of this raised fund will be utilized for the expansion of the project balance taka 70 million will be utilized for repayment of bank loan and remaining taka 20 million will be utilized for IPO expenses.
September 10, 2015 KDS Accessories Limited's IPO lottery held

The Initial Public Offering (IPO) lottery of KDS Accessories Ltd (KDSALTD) was held Thursday, 10 September, 2015 for allocating 12 million shares among the successful investors. The lottery was held at the Banquet Hall, Chittagong Club Limited, Chittagong starting at 10.00 am conducted by Department of Electrical and Electronic Engineering, BUET. The IPO result will be available on the websites of Bangladesh Securities & Exchange Commission (BSEC), Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE), KDS Accessories Ltd. (KDSALTD) and Alliance Financial Services Ltd.-the issue manager. Application for share of KDS Accessories Ltd was subscribed by 34.55 times. Out of a total of 12 million IPO shares with 250 shares per lot, general investors got 60 per cent (28,800 lots), affected small investors 20 per cent (9,600 lots), mutual fund 10 per cent (4,800 lots) and Non-Resident Bangladeshi 10 per cent (4,800 lots). KDS Accessories Ltd, a concern of KDS Group, floated 12 million ordinary shares worth Tk 10 each at an offer price of Tk. 20, including Tk. 10 as premium. Mr. Khaliur Rahman -Director, Mr. Salim Rahman -Managing Director and Mr. Debasis Daspal -CEO, CFO & Company Secretary of KDS Accessories Ltd. and the representative of Issue Manager, DSE, CSE and Central Depository Bangladesh Ltd (CDBL), Post-Issue manager were present among others at the lottery program.
July 12, 2012 KDS Accessories partners up with Alliance Hangers

KDS Accessories has sealed an accord recently with Alliance Hangers International Limited to collaborate and supply hangers to many renowned global retailers as an authorized licensee. Some such major retailers include, Walmart, JC Penny, Kohls, PVH, TOMMY HILFIGER, Calvin Klein, Family Dollar, Jones New York etc and other VICS approved retailers. The management of both the business houses offered highly hopeful views of a long and prosperous collaboration in the journey ahead.
January 03, 2012 Brand Partner of BATEXPO 2011

KDS Group participated in BATEXPO 2011 with their Garment, Textiles, Apparel Trims & Packaging Solutions and Steel Accessories divisions. Additionally, KDS Group sponsored the expo as the official Brand Partner with the aim to elevate the brand presence of the expo as well as the organizers, BGMEA. The KDS pavilion at the expo was also well appreciated by many visitors and clients as being very innovative while matching functionality with unique and creative design concepts.
June 01, 2011 Banglalink signs with KDS Accessories

KDS Accessories has recently appointed Banglalink, an Orascom company, to provide telecommunication services throughout all company operations in Bangladesh. The management of KDS Accessories hopes that this partnership will enable the staff members of the company to enjoy seamless connectivity moving forward. The service resumes at full steam from June 1, 2011 onward.
May 04, 2011 KDS awarded National Export Trophy

KDS Group was recently awarded the country?s prestigious National Export Trophy for its outstanding contribution in the export of Ready Made Garments sector. The group chairman, Mr. Khalilur Rahman, received the trophy from the Prime Minister Sheikh Hasina at a gala ceremony held on April 7, 2011
February 24, 2011 KDS Accessories sponsors CAFAXPO 2011

KDS Accessories sponsored the recently concluded Chittagong Apparel Fabric & Accessories Exposition (CAFAXPO) held during January 20 - 22, 2011. The event, held in the port city Chittagong, received much spotlight in the media which hosted many renowned manufacturers and vendors of the garments and accessories trade. A gala dinner filled with festivities concluded the event, where KDS Accessories also remained as one of the sponsors.
January 04, 2011 KDS sponsors BATEXPO 2010

BGMEA (www.bgmea.com) held a three-day exposition titled BATEXPO-2010, during November 25 - 27 in Dhaka, focused on expanding new markets for the country?s garments and allied products. KDS was one of the proud sponsors of the event. KDS participated in the expo with much zeal displaying a wide array of apparels, textiles, trims & packaging and steel accessories products. The expo visitors were very enthusiastic to learn of the 1 stop trims and packaging solutions offered by KDS Accessories.
October 12, 2009 KDS Accessories (UK) Limited in Operation

Yet another MILESTONE in the history of KDS Group! KDS Accessories starts on active operation in UK from September, 2009. Keeping the vision upfront ?To Be Globally Preferred Trims and Packaging Solutions Company? KDS management felt and believe that we should keep spreading our wings beyond our present. The journey has begun long back by having an operation in Hong Kong, China and India apart from Bangladesh. UK presence will now get us covered EU, enabling us to reach to our vision ahead. With coordinated effort of our colleagues from around the globe, KDS Accessories will become a Global Brand in the Trims & Packaging Industry in coming years!
October 12, 2009 IMS Certification

KDS Accessories has received IMS certificate from Bureau Veritas for its Packaging Industries Limited, Poly Industries Limited, and Cotton Poly Thread Industries Limited recently. KDS is one of the very few to receive this certificate in Bangladesh. Integrated Management System (IMS) certificate consists of ISO 9001: 2000, referring to Quality of product and Service, ISO 14001: 2004, referring to Environmental Management System and OHSAS 1800: 2007, which is referring to Occupational Health and Safety Measure Apart from producing international quality products in its international manufacturing plants, management of KDS is also committed to the betterment of the environment, thus KDS Accessories have had developed management system and put them in place so that we can do our part for better living by large. This certificate is recognition of international standard management system, which will definitely encourage KDS management and employees for continuous development and keeping higher standard of work practice at all time.
April 07, 2009 Compression of Core Value

Recently there have some revisions in the Core Values of KDS Accessories. Therefore, now at KDS Accessories, the structures and policies should be compatible with each other and support these core values effectively so that vision can be realized.
The below are the new Core Values of KDS Accessories:
Lead through service excellence
innovation customer delight understanding customers core needs
Maintain global presence & standards economically
effective presence in strategic locations cost consciousness
Maximum resource utilisation
human, IT and all other resources and assets efficiency in every process
Nurture intelligence for human capital growth
knowledge development application of intelligence in daily work caring about people and their well being
Therefore, individually, or as a team or as a company, our action must reflect these values.
October 22, 2007 Islamic Quiz Contest Arranged

KDS Accessories has arranged a Islamic Quiz contest, where all kds accessories members participated.
October 20, 2007 KDS Accessories Online Order System Introduced

KDS Accessories has introduced an online order system for its customer nation wide and internationally.
October 20, 2007 KDS Accessories Nominated by TARGET for Woven & Printed Label

KDS Accessories has been Nominated by TARGET Corporation for Woven & Printed Label Matrix Supplier for it world wide brands.
October 20, 2007 KDS Accessories Employees are online 24 hours !

Now all our staff are always online through Online HRIS !!!
October 20, 2007 KDS Accessories Online Messenger Introduced !

An online internal Messenger System has been implemented by KDS Accessories for its employees and member clients.
September 25, 2016 Inclusion of New Production Line of Packaging

Expansion of Packaging Line - 3 of the company has been successfully completed by using IPO fund and commercial production of new packaging line has been started in September 22, 2016 after having trial production. On implementation of this unit, additional production capacity of carton will be increased by 45,000 pcs/per day. If the full capacity can be produced and sold then it may generate additional sales revenue of USD 13.00 million (approximately) per year.
January 05, 2017 Setting Up Hanger and Button Manufacturing Unit

Board of Directors has decided to go for setting up a separate hanger manufacturing unit in Gazipur, besides increasing the current Button manufacturing capacity. Details of expansion & addition of new product line are as follows: Estimated Project cost: US$ 768,273.00 equivalent to BDT 61.45 million (for Button: US$ 253,773.00 & for Hanger US$ 514,500.00); Project Location: under existing premises of Unit-2, West Dogory, Mirzapur, Gazipur Sadar, Dhaka. Financing of Project: Foreign Supplier's Credit, Bank Loan and Company's own source; Origin of Machinery: Europe and China; Estimated date of Project Completion: within June, 2017; Production Capacity per day after completion of the Project: Total 280 GG of Button and 150,000 Pcs of Hanger; Expected turnover on utilization of full capacity: additional revenue of BDT 20.83 million per month and BDT 250.00 million annually approximately.

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