Most of the macroeconomic indicators of Bangladesh have been in bad shape for the last several months owing to external and internal factors, intensifying people’s suffering as consumer prices surged to record levels.
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 applicants in a proportionate rate from April under the new rules. );
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Why has the SEC chosen this system? Market analysts say the new system will augur well for the stock market by preventing irrational share price hikes.