Appollo Ispat Complex Limited, producer of the renowned “Rani Marka Dheu Tin” brand of corrugated iron sheets, is drowning in loans with production shut for over two years.
The Bangladesh Securities and Exchange Commission (BSEC) has asked the management of 16 listed companies to show valid reasons for not submitting their financial reports within a certain period.
The Dhaka Stock Exchange experienced a fall in investor participation today as they adopted a wait-and-see policy, but its index, however, managed to end the day in the black.
Turnover at the Dhaka Stock Exchange (DSE) fell by about 20 per cent yesterday as investors adopted a wait-and-see approach even though major indices continued to move upward.