30Dec
30Dec
The DSE is developing an advanced system to ensure accurate company disclosures
Summary The Dhaka Stock Exchange (DSE) has announced plans to create a sophisticated platform that will focus on ensuring accurate disclosures by listed companies. The aim is to prevent the dissemination of misleading information. Content The newly appointed managing director of the country's leading bourse, ATM Tariquzzaman, unveiled...
12Mar
Biggest FDI in the offing for Shipbuilding
SUMMARY: The government will soon embark on an alliance with foreign investors with the intent to lay the foundations of a shipbuilding facility. The government of Bangladesh is just one step away from attaining its colossal objective to construct a state-of-the-art shipyard with the biggest foreign...
14Feb
Database on bond defaulters on card
SUMMARY: An initiative to develop a database on defaulters of bond has been taken by the Bangladesh Securities and Exchange Commission in order to keep a record of it. CONTENT: The Bangladesh Securities and Exchange Commission (BSEC) will redraft the Debt Securities Rules 2021 so as to incorporate...
24Jan
Bangladesh Shipping Corporation is going to procure six ships
Bangladesh Shipping Corporation (BSC) has plans to procure six ships -- two mother bulk carrier ships, two mother tankers and two mother product oil tankers -- to meet the growing demand for transportation services. BSC has already taken up a project to procure the six...
05Jan
BSEC asks 64 firms to comply with adequate capitalization
Summary: BSEC has requested plans from 64 companies on how they intend to meet the compulsory minimum paid-up capital of 300mn as per the listing regulation of the Dhaka Stock Exchange and to be saved from being transferred to the SME platform. Content: Earlier in September 2021, the...
26Dec
Malek Spinning to shut down the denim unit of Salek Textile Limited
Summary: Due to the incurred loss of Salek Textile Limited, the Parent Company Malek Spinning is selling its denim unit’s assets to pay off the liabilities. Content: Malek Spinning Mills Limited, a New Asia Group company, has decided to close the denim bottoms production unit of its subsidiary...
02Nov
Star Adhesives to be listed on SME platform
Summary: Star Adhesive Limited, a concern of Partex Group, has decided to raise BDT 50mn through a QIO by issuing 5mn shares at BDT 10 each to use it for factory renovation and meet up working capital requirement and loan payment. Content: Star Adhesive Limited, a concern of...
10Oct
BSEC started rearranging the Market
Summary: Bangladesh Securities and Exchange Commission has started delisting and transferring the listed stock in the Stock Market and has been sending the over-the-counter companies to small capital platforms and alternative trading boards. Content: Bangladesh Securities and Exchange Commission issued a notification in 16th September in a Committee meeting...
12Sep