Singer Bangladesh consistently focuses on growth and risk minimization through product diversification and increasing the market share of existing products by responding to changing customer needs.
After the emergence of Bangladesh on December 16, 1971, the East Pakistan Branch Office was elevated to a country Office and the Sewing Machines were made available from different Snger overseas sources. The number of shops was squeezed to only 23 because of low volume of busines.
A change in the investment policy in 1979 created new business opportunities and SINGER registered as an operating company, with 80% of the share held by SINGER Sewing Machine Company (SSMC), USA, and 20% by local shareholders.
In 1983 the company was listed with Dhaka Stock Exchange (DSE) and offered 20% of its total capitalization- 2,565 ordinary shares of Taka 100 each. In 2001, it was also listed with the Chittagong Stock Exchange (CSE).
|Address||House: 5B, Road: 126 Gulshan-1, Dhaka-1212, Bangladesh|
|Phone||PABX: 88 02 8825864|
|Fax||88 02 8858 247|
|Category||Business & Finance >> Companies|