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Capital Market Fair ends

A three-day capital market fair on the capital market ended in Dhaka on Saturday, Commerce Minister Tofail Ahmed inaugurated the Bangladesh Capital Market Expo 2016 at the Institution of Diploma Engineers, Bangladesh. The event was open to visitors from 10am to cse8pm and the gathering of investors makes a good crowd in whole three days. A total of 40 companies, including the pioneer Bourse of the City Chittagong Stock Exchange, Merchant Banks, Brokerage Houses, Asset Management Companies, Credit Rating Agencies, Audit Firms and ...

ITC approves 15pc stock dividend

The shareholders of the Information Technology Consultants Limited (ITC) approved Stock (Bonus) dividend of 15 percent for the year 2015-16. The approval came from the 16th Annual General Meeting (AGM) of the Company held at the itcl-agm-pictureRaowa Convention Hall. Mr. Lim Kiah Meng, Chairman of the Company presided over the meeting. Mr. Salahuddin Alamgir, Vice Chairman, Dr. Kazi Saifuddin Munir, Managing Director & CEO, Mr. Md. Waliuzzaman FCA, Independent Director, Mr. Md. Haqueful Sh...

BTRC approves share transfer of edotco Bangladesh

edotco Group Sdn Bhd (“edotco”) today announced that it has received approval from the Bangladesh Telecommunications Regulatory Commission (BTRC) for changes to the shareholding structure of its operating company, edotco Bangladesh Co. Ltd (“EBCL”). With this approval, edotco is now able to increase its current stakeholding in EBCL of 49% to a majority 80%. Robi Axiata Ltd currently holds 51% shares and will remain as 20% shareholder following completion of the share acquisition. This approval from BTRC is a strategically significant development both to edotco and to the Bangladesh telecoms industry. It will allow EBCL to operate with a greater level of independence and efficiency to serve its customers, as well as positively and proactively

CSE 30 Index revised

The CSE 30 Index has been revised on the basis of performance of the CSE listed companies. The new index will be effective from 20 November 2016. CSE 30 Index is reviewed twice in a year. The new companies which have been included are Aftab Automobiles Limited, Apex Foods Limited, Apex Tannery Limited, BSRM Steels Limited, Delta Brac Housing Finance Corporation Ltd., Khulna Power Company Limited, Navana CNG Limited, Ratanpur Steel Re-Rolling Mills Ltd., Shasha Denims Ltd., Unique Hotel & Resorts Limited. On the other hand Agricultural cse
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