Regulatory Alerts2026-07-07
Added · Updated
109th Commission Meeting
The Bangladesh Securities and Exchange Commission (BSEC) approved United Commercial Bank PLC's application to raise 775.98 million BDT through a 1:2 rights issue priced at 10 BDT per share. The Commission also approved the draft prospectus and summary for the open-ended mutual fund 'Blue-Wealth First Stable Return Fund', which targets an initial corpus of 3 billion BDT. Blue-Wealth Assets Limited serves as the fund manager, with Sandhani Life Insurance Company Ltd. and Commercial Bank of Ceylon PLC acting as trustee and custodian, respectively.
Topics
Share