Express Insurance logoSix new independent directors for DSE, CSE each okayedThe Bangladesh Securities and Exchange Commission (BSEC) on Tuesday approved the initial public offerings (IPO) prospectus of Express Insurance Limited worth Tk26.70 crore. The commission gave the approval at a meeting presided over by its chairman M Khairul Hossain. Under the fixed price method, Express Insurance will offload 2.60 crore ordinary shares worth Tk10 each. AAA Finance and Investment Limited, IIDFC Capital Limited and BLI Capital Limited will act as the issue manager for the IPO process. The commission meeting also approved the appointments of six new independent directors for Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) each for a three-year term.

Source: Dhaka Tribune February 18, 2020 18:22 UTC