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Bangladesh scrapped IPO lottery. What are the benefits?

  Farhan Fardaus,  bdnews24.com Published: 20 Jan 2021 10:39 AM BdST Updated: 20 Jan 2021 10:39 AM BdST The new rules stipulate a new condition that an investor must have a minimum of Tk 20,000 investment in the secondary market to apply for IPO shares. The market regulator says the new system aims to encourage long-term investment. The Bangladesh Securities and Exchange Commission has changed the IPO rules to scrap the lottery system. That means the shares will be distributed among all ...
Mahmood Osman Imam Mohammad Rezaul Karim Gm Sadiqul Islam Mostaque Ahmed Sadeque Investment Promotion Services Ltd Dhaka University

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