The Bangladesh Securities and Exchange Commission (BSEC) has approved the exit plan of Bangladesh Plantation, a loss-making and non-compliant company, from the capital market. Listed on the Dhaka Stock Exchange since 1991, the tea producer will now have to buy back a 29.12% stake from general investors at the prevailing market rate of Tk240 per share. The face value of the
BSEC plans to delist 8 more OTC cos under exit scheme
25 cos to be sent to alterative trading board, 15 others to SME platform
Mostafizur Rahman | Published: 22:49, Apr 03,2021
A file photo shows the front view of Bangladesh Securities and Exchange Commission building in the capital. 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 the commission’s exit plan directive. New Age photo
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 the commission’s exit plan directive.