2021-03-01
Added · Updated
The Bangladesh Securities and Exchange Commission directs the Dhaka Stock Exchange Limited and the Chittagong Stock Exchange Limited to adjust the floor price of listed securities in cases of corporate actions involving dilution effects, such as stock dividends or right issues. The adjusted floor price must be based on the market or reference price on the immediate prior record date relative to the declared corporate action.
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Securities Commission Bhaban
E-6/C Agargaon, Sher-e-Bangla Nagar
Administrative Area, Dhaka 1207, Bangladesh
Dated, 1 March 2021
BSEC/CMRRCD/2009-193/05 - Whereas in the interest of investors and securities market and for the development of the securities market it is expedient to regulate the share price movement in the trading of the stock exchange(s);
Now, therefore, in exercise of the power conferred by section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969), the Bangladesh Securities and Exchange Commission hereby directs the Dhaka Stock Exchange Limited and the Chittagong Stock Exchange Limited to consider the following in determination of floor price, namely:
By order of the Bangladesh Securities and Exchange Commission
Professor Shibli Rubayat-Ul-Islam
Chairman
“মুজিববর্ষের অসীকার উন্নয়ন-অর্থায়নের উৎস হবে পুঁজিবাজার”
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E-mail: info@sec.gov.bd
Web: www.sec.gov.bd
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Amended 1 time · last 2024-04-24
Source: Bangladesh Securities and Exchange Commission — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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