Latest Breaking News On - Best holdings - Page 8 : comparemela.com
Reazul Bashar and Farhan Fardaus,
bdnews24.com
Published: 19 Dec 2020 08:32 PM BdST
Updated: 19 Dec 2020 08:32 PM BdST
The direct listing fiasco of Best Holdings Limited has become murkier as new questions surfaced over how it used the name of a government company as its issue manager in a bid to raise about Tk 3 billion from the capital market. );
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The controversial plan by Best Holdings, the owner of Le Méridien Dhaka hotel, has been under intense scrutiny since Bangladesh Securities and Exchange Commission in a letter on Dec 15 blocked Dhaka Stock Exchange’s attempt to list it.
The office of Finance Minister AHM Mustafa Kamal also suspended a letter recommending changes to the requirements for infrastructure development companies’ direct listing plans after the media reported the content of the letter and SEC’s subsequent move.
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