In a press release signed by BSEC director and spokesperson Md. Abul Kalam on Sunday, August 8, Special Assistant Dr. Anisuzzaman Chowdhury said, “It improves the company’s good governance within the capital market.

It increases the company’s transparency and accountability. Concurrently, the value of the companies is also recognized.” On July 7, a meeting was held in response to the chief adviser’s directive to make it easier for government-owned companies to enroll in the capital market, and Special Assistant Dr. Anisuzzaman Chowdhury chaired the meeting.

Present at the meeting were Bangladesh Securities and Exchange Commission (BSEC) Chairman Khandaker Rashed Maksud, Secretary of the Ministry of Industries Md. Obaidur Rahman, Secretary of the Department of Financial Institutions and Additional Secretary Md. Saeed Kutub, Additional Secretary of the Department of Energy and Mineral Resources, Md. Delwar Hossain, BSEC Director Md. Abul Kalam, and Petrobangla Director Md.

The meeting focused on the direct enrollment of government-owned companies with profitable fundamentals into the capital market. Additionally, the discussion included the direct enrollment of foreign or multinational companies owned by the government into the capital market.

A list of several companies has already been compiled, and the meeting specifically addressed this list. The companies include: Unilever Bangladesh Limited, Karnaphuli Fertilizer Company Limited (Kafko), Sinovia (formerly Sanophi) Bangladesh Ltd, Novartis (Bangladesh) Ltd, Sinjenta (Bangladesh) Ltd, Nestle Bangladesh PLC, Western Gas Company Ltd, North West Power Company Ltd, Sylhet, Barapukuria Coal Mining Company Ltd, Jalalabad Gas Transmission and Distribution Company Ltd, Karnaphuli Gas Company Limited, General Insurance Corporation, Life Insurance Corporation, among others.