Keya Group

Keya Cosmetics Limited was established in 1996.[2] Its founder and chairperson is Abdul Khaleque Pathan.[3] It paid 10 to 50 percent dividends on its stocks in 2001.[3]

Keya Detergent Limited and Keya Soap Chemicals Limited were merged with Keya Cosmetics Limited in 2010.[3] Keya Soap Chemicals was the only company not listed on the Dhaka Stock Exchange.[4]

Keya Cosmetics announced that it will sponsor Suhrawardy Cup National under-19 football championship.[5]

Keya Cotton Mills, Keya Knit Composite, and Keya Spinning Mills were merged in 2015 with Keya Cosmetics.[3] Bangladesh Securities and Exchange Commission initially opposed the move as the three companies were burdened with large liabilities while Key Cosmetics is listed on the Dhaka Stock Exchange.[6] The merger received approval from Bangladesh High Court.[7] In September 2015, about 500 Keya Knit Composite Limited workers felt sick after drinking water at the canteen.[8] 100 more workers fell sick a few days at the same factory.[8]

The company shares performed well in the Dhaka Stock Market in 2007.[9] The sponsor directors reduced shares from 62 percent to 46 percent in 2017.[3] They failed to offload further shares due to lack of demand.[3] The company shifted its office from Banani to Gazipur, where its factories are located, to reduce costs.[3] The company has 8.5 billion taka in long-term loans and 6.3 billion in short-term loans.[3] The same year Anti-Corruption Commission arrested the Chairperson of Keya Group, Abdul Khaleque Pathan, for allegedly embezzling 1.11 billion taka from Bangladesh Krishi Bank Limited.[10][11] Financial Reporting Council Bangladesh estimated that Keya Group had laundered more than 10 billion taka through their European subsidiary.[3]

In MAy 2018, Keya Group signed an agreement with Khulna University to research crab farming in Bangladesh.[12] Abdul Khaleque Pathan, his wife, Feroza Begum, and son, Tansin Keya, sold two billion taka worth of shares to pay off bank loans in 2018.[13] Keya also violated Dhaka Stock Exchange rules by not publishing their quarterly statements.[14] Four directors of Keya Group were fined on 24 July 2018 by Bangladesh Securities and Exchange Commission.[15]

Keya Group has 1.57 billion taka loan from Pubali Bank.[16] An investigation by Dhaka Stock Exchange found irregularities in the company's shares.[16] It had been suffering from financial problems.[16]

• Keya Cosmetics Limited[2] (Keya Soap, lifeguard, active toothpaste,[17] Super Saloon,[18] and Ice Magic[19])
• Keya Europe[20]
• Keya Cotton Mills[21]
• Keya Knit Composite[21]
• Keya Agro Process Limited[21]
• Keya Yarn Mills Limited[22]
• Keya Cotton Mills[23]
• Khaleque Knitting and Garments Industries Private Limited[24]
• Keya Spinning Mills[24]
• Knit Composite Division[25]