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Staff Correspondent, bdnews24.com Published: 08 May 2021 01:29 PM BdST Updated: 08 May 2021 02:05 PM BdST Reaz Islam, CEO of LR Global Bangladesh, speaks at a media briefing in Dhaka on Saturday. Reaz Islam, CEO of LR Global Bangladesh, speaks at a media briefing in Dhaka on Saturday. Reaz Islam, CEO of LR Global Bangladesh, speaks at a media briefing in Dhaka on Saturday. Reaz Islam, CEO of LR Global Bangladesh, speaks at a media briefing in Dhaka on Saturday. Reaz Islam, CEO of LR Global Bangladesh, speaks at a media briefing in Dhaka on Saturday. Reaz Islam, CEO of LR Global Bangladesh, speaks at a media briefing in Dhaka on Saturday. ....
Senior Correspondent, bdnews24.com Published: 08 May 2021 09:05 PM BdST Updated: 09 May 2021 08:57 AM BdST Reaz Islam, CEO of LR Global Bangladesh, speaks at a media briefing in Dhaka on Saturday. Reaz Islam, CEO of LR Global Bangladesh, speaks at a media briefing in Dhaka on Saturday. Reaz Islam, CEO of LR Global Bangladesh, speaks at a media briefing in Dhaka on Saturday. LR Global had gone through a long episode of “adversities” due to a conspiracy by some former commissioners at Bangladesh Securities and Exchange Commission. ); } So says CEO Reaz Islam. The conspiracy to “damage” LR Global’s performance in Bangladesh had a “huge impact” on the local market, Islam said at a news conference in Dhaka on Saturday. ....
For instance, some companies performance, and their investment efficiency disheartened investors. As a result, most of the funds are traded at very high discounts but investors do not buy these, Islam said. The BSEC leadership was also not up to the mark in the last few years. However, the present commission is doing good, he said. His comments came yesterday in a press conference that was organised by LR Global Bangladesh at the auditorium of the American Chamber of Commerce in Bangladesh (AmCham). The LR Global CEO lauded the present commission for its steps for easing IPO processes, developing the bond market, forming a capital market stabilisation fund, reforming junk stocks, mandating a dividend distribution policy and others. ....