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Listed textile cos fare badly in July-Mar
Mostafizur Rahman | Updated at 10:39pm on July 10, 2020
Only four listed textile companies witnessed profit growth in the July, 2019-March, 2020 period due mainly to a decline in product prices, increased production cost,...
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FRC tightens rules to stop misuse by cos
Mostafizur Rahman | Updated at 10:37pm on July 09, 2020
The Financial Reporting Council (FRC) has moved to crack down on irregularities involving the misuse of employees’ provident funds as companies were found forfeiting money...
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BSEC asks 61 directors of 22 cos to ensure minimum shareholding in 45 days
Mostafizur Rahman | Updated at 11:09pm on July 05, 2020
The Bangladesh Securities and Exchange Commission has asked 61 directors of 22 listed companies to ensure holding of minimum 2 per cent shares in their...
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BSEC halts start of Sonali Paper trading for high share prices
Mostafizur Rahman | Updated at 11:18pm on July 04, 2020
The Bangladesh Securities and Exchange Commission has halted the share trading of Sonali Paper and Board Mills, which was scheduled to begin on the main...
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Electronics business feels pandemic pinch despite huge washing machine sales
Mostafizur Rahman | Updated at 11:16pm on July 03, 2020
The overall business of electronic appliances is very poor due to the coronavirus outbreak in the country, but huge sales of washing machines amid the...
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DSE to raise capital requirement for new TREC licence to Tk 15cr amid scam
Mostafizur Rahman | Updated at 10:50pm on July 02, 2020
The Dhaka Stock Exchange on Thursday decided to raise the capital requirement for buying a new brokerage licence to Tk 15.1 crore from Tk 5 crore after...
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6 listed state-run cos not issuing shares worth Tk 6,652cr to govt
Mostafizur Rahman | Updated at 10:43pm on July 01, 2020
Six listed state-owned companies are yet to issue shares against Tk 6,652 crore share money deposits of the government, depriving the government from the ownership and...
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BSEC asks 34 banks to submit status of spl funds
Mostafizur Rahman | Updated at 11:18pm on June 30, 2020
Bangladesh Securities and Exchange Commission on Tuesday asked all the listed banks and four state-owned banks to submit status reports on creation of special fund...
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BSEC sets opening prices as floor prices for newly listed cos
Mostafizur Rahman | Updated at 10:48pm on June 29, 2020
The Bangladesh Securities and Exchange Commission has set the opening price of shares of a newly listed company as its floor price. The BSEC on...
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IPO fund raising hits 11-yr low in FY20
Mostafizur Rahman | Updated at 10:23pm on June 26, 2020
Fund raising through initial public offerings hit an 11-year low in the financial year 2019-20 due mainly to fierce criticisms over poor IPO approval by...
