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Mymensingh mayor, family acquiring Bangladesh Welding

Mymensingh City Corporation Mayor Ekramul Haque and two of his family members are going to acquire Bangladesh Welding Electrodes Ltd, which is listed on the country's stock market and has been out of production for years. Ekramul, his brother Aminul Islam, and Aminul's son Samiul Haque Shafa will buy the company's sponsor-directors' entire holdings for Tk23.40 crore.
Bangladesh General Switzerland General Aminul Islam Shibli Rubayat Ekramul Haque Samiul Haque Shafa

Market regulator bans audit firm over anomalies

The securities regulator has banned audit firm Ahmed Zaker and Co from the stock market for collaborating with an asset management company to embezzle investors' funds. In an order issued on Wednesday, the regulator said the firm would not be allowed to audit the financial statements of any mutual funds or listed companies. The Bangladesh Securities and Exchange Commission
Rezaul Karim Syed Hamza Alamgir Zabed Ali Mridha Abu Ahmed Rahman Mostafa Alam Ahmed Zaker

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