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Mostafizur Rahman

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    Confusion arises over compliance

    Mostafizur Rahman | Updated at 10:24pm on March 06, 2020

    IPO seeking companies, issue managers and the Dhaka Stock Exchange remain puzzled as to how the amended public issue rules will be enforced in case...

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    FRC urges BSEC to take action against Advent Pharma, auditor Ahmed Zaker

    Mostafizur Rahman | Updated at 11:57pm on March 01, 2020

    The Financial Reporting Council has requested the Bangladesh Securities and Exchange Commission to take punitive action against Advent Pharma and chartered accountant Ahmed Zaker &...

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    Norway govt fund keeps raising stake in Bangladesh stock market

    Mostafizur Rahman | Updated at 10:37pm on February 28, 2020

    Norway’s sovereign wealth fund (SWF), the world’s biggest fund, raised stakes in the Bangladesh’s capital market for the fourth consecutive year in 2019 despite the...

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    DSE declines to relist Sonali Paper

    Mostafizur Rahman | Updated at 12:24am on February 25, 2020

    The Dhaka Stock Exchange has rejected a Sonali Paper and Board Mills appeal for trading of its shares on the main board of the bourse...

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    60 listed cos violate financial disclosure rules

    Mostafizur Rahman | Updated at 10:08pm on February 14, 2020

    Around 60 listed companies did not comply with securities rules related to financial disclosure as the companies did not provide proper reasons for significant changes...

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    FRC tightens rules on converting share money into paid up capital

    Mostafizur Rahman | Updated at 11:02pm on February 12, 2020

    The Financial Reporting Council has tightened rules of company’s capital formation by directing companies to convert share money deposit into paid up capital within six...

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    BSEC freezes 1.8cr placement shares of SS Steel amid allegation of anomalies

    Mostafizur Rahman | Updated at 10:10pm on February 11, 2020

    The Bangladesh Securities and Exchange Commission has frozen around 1.8 crore placement shares of SS Steel Limited after a company alleged that the steel company...

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    95pc of listed textile cos post weak earnings

    Mostafizur Rahman | Updated at 11:26pm on February 07, 2020

    Most of the listed textile companies declared poor financial results for July-December of 2019 due to declining product prices, increased financial cost, overvalued local currency...

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    No of defaulting cos rises in 2019

    Mostafizur Rahman | Updated at 09:28pm on January 31, 2020

    Compliance with mandatory minimum shareholding by the listed companies’ directors falls flat as the directors of 48 companies fell short of 30 per cent joint...

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    BSEC fails to rein in cos’ bonus share issuance

    Mostafizur Rahman | Updated at 12:00am on January 25, 2020

    The Bangladesh Securities and Exchange Commission has failed to rein in bonus dividend declarations by the listed companies due to lack of financially sound companies...

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