BEKA Garments & Textiles Ltd announced a private placement of 1,000,000 common shares at an issue price of BDT 10 per share for gross proceeds of BDT 10,000,000 on March 11, 2019. The transaction will involve participation from SK Trims & Industries Ltd. (DSE:SKTRIMS) for 1.43% stake. The transaction has been approved by the board of directors of the investor.