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BSEC plans to delist 8 more OTC cos under exit scheme
Mostafizur Rahman | Updated at 10:49pm on April 03, 2021
The Bangladesh Securities and Exchange Commission has moved to delist eight more companies trading on the over-the-counter market after repaying general investors’ claims as per...
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BSEC reforms Fareast Finance board
Mostafizur Rahman | Updated at 10:25pm on March 30, 2021
The Bangladesh Securities and Exchange Commission has restructured the board of Fareast Finance and Investment Limited by appointing nine independent directors to the board of...
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State-run GTCL plans to raise Tk 400cr from stock market thru direct listing
Mostafizur Rahman | Updated at 10:36pm on March 24, 2021
State-owned Gas Transmission Company Limited (GTCL) will raise Tk 400 crore through the direct listing method of the country’s two bourses as per a government decision...
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BSEC widens areas of inquiry into Unilever’s GSK purchase
Mostafizur Rahman | Updated at 10:12pm on March 20, 2021
The Bangladesh Securities and Exchange Commission has widened areas of inquiry into the acquisition of GSK Bangladesh by Unilever, BSEC officials said. The securities regulator...
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Six MFs not safe under LR Global: BSEC body
Mostafizur Rahman | Updated at 11:28pm on March 18, 2021
A Bangladesh Securities and Exchange Commission investigation committee has suggested that six mutual funds under the management of LR Global Asset Management Company Bangladesh should...
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MK Alamgir raises graft allegation against Nafeez, Padma Bank against Alamgir
Mostafizur Rahman | Updated at 10:34pm on March 09, 2021
Former Padma Bank Limited chairman Muhiuddin Khan Alamgir has alleged that the current chairman of the bank, Chowdhury Nafeez Sarafat, misappropriated the bank’s money...
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Norway investment on Bangladesh’s capital market hits record high
Mostafizur Rahman | Updated at 10:23pm on March 02, 2021
Investment of Norway’s sovereign wealth fund (SWF), the world’s biggest fund, in Bangladesh’s capital market hit a record high in 2020 despite the coronaviruscentric sluggishness...
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Placement shares to be part of IPO
Mostafizur Rahman | Updated at 09:52pm on January 31, 2021
The Bangladesh Securities and Exchange Commission has moved to allow companies intending to raise capital through initial public offering to keep 15 per cent of...
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Institutional investment in 85pc mutual funds falls in 6 months
Mostafizur Rahman | Updated at 11:40pm on January 30, 2021
Institutional investors have reduced their stakes in 24 out of 29 listed mutual funds in the last six months ending on December 30, 2020 due...
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BSEC reforms Ring Shine board
Mostafizur Rahman | Updated at 10:55pm on January 26, 2021
The Bangladesh Securities and Exchange Commission on Tuesday restructured the board of Ring Shine Textiles Limited by appointing seven independent directors to the board of...