Rule · BSEC · 24 Jul 2008

Amendment to the Securities and Exchange Commission (Public Issue) Rules-2006

The Securities and Exchange Commission replaces the proviso under para (v) of sub-clause (b) of clause (16) of sub-rule ‘B’ under rule 8 of the Securities and Exchange Commission (Public Issue) Rules, 2006. The new proviso stipulates that the premium on a public offering shall not exceed the amount of premium charged on shares issued, excluding bonus shares, within the immediately preceding one year. This amendment applies to public offerings regulated under the specified rules.

BangladeshBangladesh Securities and Exchange Commission

NOTIFICATION
Dated: the 24th July 2008
No. SEC/CMRRCD/2006-159/Admin/Admin/01-34 –In exercise of power conferred by
section 33 of the Securities and Exchange Ordinance, 1969 (XVII of 1969), the
Securities and Exchange Commission makes, after prior publication, the following amendments in the Securities and Exchange Commission (Public Issue) Rules, 2006, namely:-

The proviso under para (v) of sub-clause (b) of clause (16) of sub-rule ‘B’ under rule 8
shall be replaced by the following new proviso, namely:- “Provided that premium on public offering shall not exceed the amount of premium charged on shares issued (excluding the bonus share) within immediately preceding one year.” . By Order of the Securities and Exchange Commission Faruq Ahmad Siddiqi Chairman.

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The links and the sentences they come from (2)

Amends

Securities and Exchange Commission (Public Issue) Rules, 2006Not in RegAlert
“the Securities and Exchange Commission makes, after prior publication, the following amendments in the Securities and Exchange Commission (Public Issue) Rules, 2006”

Issued under

Securities and Exchange Ordinance, 1969 (XVII of 1969)Not in RegAlert
“In exercise of power conferred by section 33 of the Securities and Exchange Ordinance, 1969 (XVII of 1969)”