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Bangladesh Plantation approved to exit stock market

The Bangladesh Securities and Exchange Commission (BSEC) has approved the exit plan of Bangladesh Plantation, a loss-making and non-compliant company, from the capital market. Listed on the Dhaka Stock Exchange since 1991, the tea producer will now have to buy back a 29.12% stake from general investors at the prevailing market rate of Tk240 per share. The face value of the ....

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