SEC will accept no new IPO proposal before it changes public issue rules - News Summed Up

SEC will accept no new IPO proposal before it changes public issue rules


The stock market regulator took the decision at a regular meeting on Tuesday, it said in a media release. SEC said it had already moved to amend Bangladesh Securities and Exchange Commission (Public Issue) Rules 2015. But the applications submitted until Monday will be processed in line with the law, according to the release. The applications to raise capital submitted until Monday will be handled similarly. The commission stopped accepting applications of non-listed companies seeking to raise capital on Tuesday.


Source: bd News24 April 30, 2019 13:52 UTC



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