The approval is expected to make the path easier for SME firms to expand business through public listing. The SEC had formed a SME Board for the trading of shares of small-cap firms. Only eligible and institutional investors can invest in SME shares, which are considered risky. Bangladeshi and foreign individuals with investment more than Tk 10 million as per market price can invest in the shares under the SME Board. Its profit shot up to Tk 19.6 million in 2019 from Tk 1.47 million in 2018.

Source: bd News24 April 15, 2021 14:03 UTC