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Energypac may abandon IPO plan after 6-yr pursuit
Mostafizur Rahman | Updated at 10:03pm on April 01, 2020
Energypac Power Generation may withdraw the application it submitted to the Bangladesh Securities and Exchange Commission for an initial public offering as the company is...
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DSE board cuts capital requisite to Tk 3cr amid opposition
Mostafizur Rahman | Updated at 10:40pm on March 17, 2020
The board of directors of Dhaka Stock Exchange has now proposed a minimum requirement of Tk 3 crore in paid-up capital for applying for new brokerage...
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BSEC yet to decide on ‘Z’ category cos’ reform
Mostafizur Rahman | Updated at 10:16pm on March 13, 2020
The Bangladesh Securities and Exchange Commission is yet to make any decision on streamlining the companies in the ‘Z’ category, which groups non-performing securities, despite...
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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...
Friday, April 03, 2020
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