The Bangladesh Securities and Exchange Commission (BSEC) will approve application of any company’s initial public offering within two weeks if it submits papers properly, top officials of the commission said yesterday.
The Bangladesh Securities and Exchange Commission (BSEC) can approve a company’s proposal to raise funds from the capital market within two weeks, provided the firms produce the required documents, according to a senior official of the regulator.
The tax difference between listed and non-listed companies should be rationalised in order to encourage good companies and pursue well-performing large corporates for listing in the capital market, said Rizwan Rahman, president of Dhaka Chamber of Commerce and Industry (DCCI).
The Bangladesh Bank has denied statements made by a Bangladesh Securities and Exchange Commission (BSEC) representative to the media regarding the outcome of a recent meeting between the two regulatory bodies. The denial comes after BSEC Commissioner Dr Shaikh Shamsuddin Ahmed told reporters on Tuesday that the central bank had agreed upon the stock market regulator's