Since its 2016-17 financial year, there is no quarterly report of Keya Cosmetics to be found. In July 2018, the Bangladesh Securities and Exchange Commission fined the directors of Keya Cosmetics Tk 1 lakh each but to no avail. Then earlier this year, out of the blue, it announced a 10 per cent stock dividend for the 2017-18 financial year. “Since the company failed to retain the trust of the investors, its share prices tumbled,” said a top stock brokerage. It dawned on the investors that Keya Cosmetics was now completely a junk stock.

Source: Dhaka Tribune December 13, 2020 17:26 UTC