Honorable Finance Minister Mr. AMA Muhit visited the capital market regulator, the Securities and Exchange Commission on Saturday, February 07, 2009. He is informed about various limitations of the Commission and opportunities of the capital market to contribute in economy. Delegates from DSE, CSE and other institutions informed the minister about potential of the capital market to contribute in GDP and possibility of employment generation in the country. The minister appeals to all stakeholders to do their best for the development of the capital market.
Mr. Muhammad Yasin Ali has joined the Securities and Exchange Commission as its Member on 1st January 2009. Prior to joining the Commission, Mr. Ali served Bangladesh Bank as Executive Director, where he worked for about last 33 years and gathered extensive and versatile central banking experience in managing critical economic and monetary issues of the country.
During his carrier in the central bank, he obtained professional training and education from Ohio State University, Columbus, Ohio, USA, and Economic Institute, Boulder, Colorado, USA. He attended many seminars and workshops in Canada, Singapore, Thailand, Sri Lanka, Japan, Philippines, and India etc. Mr. Ali was a brilliant student throughout his academic life and his wide experience will contribute in the development of the capital market.
(Subscription Opens January 18, 2009 -Closes January 22, 2009, For NRB, Closes January 31, 2009)
(Subscription Opens November 09, 2008 -ClosesNovember 13, 2008, For NRB, Closes November 22, 2008)
(Subscription Opens October 05, 2008 -Closes October 12, 2008, For NRB, Closes October 18, 2008)
(Subscription Opens October 26, 2008 -Closes October 30, 2008, For NRB, Closes November 08, 2008)
(Subscription Opens October 12, 2008 -Closes October 16, 2008, For NRB, Closes October 25, 2008)
(Subscription Opens September 14, 2008 -Closes September 18, 2008, For NRB, Closes September 27, 2008)
(Subscription Opens September 07, 2008 -Closes September 11, 2008, For NRB, Closes September 20, 2008)
(Subscription Opens August 25, 2008 -Closes August 31, 2008, For NRB, Closes September 09, 2008)
(Subscription Opens August 10, 2008 -Closes August 14, 2008, For NRB, Closes August 23, 2008)
Subscription Opens May 15, 2008 -Closes May 29, 2008, For NRB, Closes June 07, 2008
Subscription Opens March 02, 2008 -Closes March 06, 2008, For NRB, Closes March 15, 2008
- capital market scenario
-alternative system of IPO pricing
-review of notifications concerning mandatory rising of capital through IPO
After having interactive discussions on recent issues of the capital market, the Chair thanked all for their valuable participation and ended the meeting.
All listed companies have been requested to use revised dividend payment compliance report format available on Revised Divided Payment Compliance Report Format-30July2007
Government has appointed Mr. Mansur Alam as Member of Securities and Exchange Commission. He joined the Commission on June 11, 2007. He earned special expertise on capital market over his last around 15 years of job in the Commission, major part of which as the senior most Executive Director. He is the first officer from SEC who has got such an appointment.
Four companies Trust Bank Ltd, Paramount Insurance Company Ltd, International Leasing and Financials Services Ltd, Phoenix Finance and Investment Ltd have got approval to float IPOs, and open subscriptions in June/July/August 2007. For details click to go to Prospectus
Union Capital Ltd has got approval to float IPO and subscription opens on May 06, 2007. For details click to go to Prospectus
Premier Bank Ltd has got approval to float IPO and subscription opens on March 18, 2007. For details click to go to Prospectus
Golden Son Ltd, a 100% export oriented company has got approval to float IPO and subscription opens on March 03, 2007. For details click to go to Prospectus
ICB AMCL First Mutual Fund has got approval to float IPO and subscription opens on January 28, 2007. For details click to go to Prospectus
Shah Jalal Islami Bank Ltd has got approval to float IPO and opens subscription on 14 January 2007 and closes on 18 Nov 2007, For NRB Closes January 27, 2007) ---Prospectus
BRAC Bank Ltd has got approval to float IPO and opens subscription on 12 Nov 2006 and closes on 16 Nov 2006, For NRB Closes Nov 25, 2006) ---Prospectus
Industrial Promotion and Development Company Ltd has got approval to float IPO and opens subscription on 24 September 2006 and closes on 28 September 2006, For NRB Closes October 07, 2006) ---Prospectus
Prime Islami Life Insurance Ltd has got approval to float IPO and opens subscription on 26 Nov 06 and closes on 30 Nov 2006, For NRB Closes Dec 9, 2006) ---Prospectus
A 32 members National Defense College (NDC) delegation lead by Mr. Shaikh Mohammad Moniruzzaman(E), ndc, psc, BN,.Senior Directing Staff (Navy) visited Securities and Exchange Commission on May 16, 2006. The Commission welcomed the delegation and made a presentation focusing on the various issues of capital market. Mr. Faruk Ahmed Siddiqi ,Chairman of the Commission gave an welcome speech and highlighted major issues concerning capital market. Mr. Abbas Uddin Khan, FCA, Member of the Commission, made a detailed presentation on "Overview of Bangladesh Capital Market and important issues being confronted/handled'. All the Members and senior two Executive Directors of the Commission were present during the presentation. The delegation opined that Securities and Exchange Commission has been striving hard towards the development of the capital market of Bangladesh.
On March 15, 2006, Mr. Faruk Ahmed Siddiqi joined Securities and Exchange Commission as its 6th Chairman for a 3 years term.. He is a former Secretary of Commerce, Posts and Telecommunications, and Education ministries. He started his carrier with the erstwhile Pakistan Taxation Service in 1969.
Dr. Mirza Azizul Islam, Chairman, SEC, has spent his last working day at SEC on 22 February 2006 and then retired. Now Mr. Saleh Ahmed Chowdhury, Member, SEC, has been working as the Acting Chairman of the Commission. The Commission offered a farewell on 23 February 2006 to the departing Chairman in his honour.
SEC Chairman Dr. Mirza Azizul Islam, on 22 February 2006, at last working day of his little more than 2 years tenure, made a press conference on overview of capital market scenario from October 2003 to February 2006 and its current status at SEC Board Room. Different electronic and news paper media were present at the press conference. Mr. Islam depicted the developments of the capital market during his tenure and also his unfinished agendas in his presentation. He answered different questions from the audience and thanked all for extending cooperation. His presentation handouts can be obtained on link Press Conference on Overview of Market Scenario from Oct 03- Feb 06 and its Current Status
Corporate Governance Notification dated 20 February 2006 shall replace the Corporate Governance Order dated 9 January 2006. The corporate governance notification can be obtained on click Corporate Governance Notification dated 20 Feb 2006
SEC has published Quarterly Review July-September 2005 and Annual Report 2004-2005. These are available in the website on Quarterly Review and Annual Report section.
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