Individual decision · BSEC · 15 May 2023

Exemption of BEXIMCO from Condition No. 25 of Part-A Consent Letter for Beximco Green-Sukuk Al Istisna'a Conversion

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The Bangladesh Securities and Exchange Commission exempts Bangladesh Export Import Company Limited (BEXIMCO) from the requirement of prior Commission approval under condition No. 25 of Part-A of the consent letter (Ref. No. BSEC/CI/Sukuk/IPO-316/2021/445 dated July 08, 2021) for issuing ordinary shares upon conversion of Beximco Green-Sukuk Al Istisna'a. This exemption applies to the conversion of up to 20% of the investment into ordinary shares of BEXIMCO as permitted by condition No. 24. The exemption is granted subject to the obligation that BEXIMCO must report the issuance of such ordinary shares to the Commission immediately after issuance.

BangladeshBangladesh Securities and Exchange Commission

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The documents this one cites, and the documents that cite it.

CI Circular No.BSEC/CI/Sukuk/IPO-316/2021/445 da…Not in RegAlertCI Circular No. BSEC/CI/Sukuk/IPO-316/2021/445 dated 2021-07-08 — Not in RegAlertSecurities and Exchange Ordinance,1969Not in RegAlertSecurities and Exchange Ordinance, 1969 — Not in RegAlertExemption of BEXIMCO fromCondition No. 25 of Part-A Co…2023-05-15 · this documentExemption of BEXIMCO from Condition No. 25 of Part-A Consent Letter for Beximco Green-Sukuk Al Istisna'a Conversion (2023-05-15)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (2)
Issued under
  • CI Circular No. BSEC/CI/Sukuk/IPO-316/2021/445 dated 2021-07-08Not in RegAlert

    “as per condition No. 24 of Part-A (General Conditions) of the consent letter of the Commission (Ref. No.-BSEC/CI/Sukuk/IPO-316/2021/445 dated July 08, 2021)”

  • Securities and Exchange Ordinance, 1969Not in RegAlert

    “in exercise of the powers conferred by section 29 of the Securities and Exchange Ordinance, 1969, (Ordinance No. XVII of 1969)”

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