ICB Talks with MIC on Stock Market Listing

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ICB Talks with MIC on Stock Market Listing

As part of the implementation of the Chief Advisor’s directions, a meeting was conducted with representatives of enterprises owned by the Ministry of Industries and ICB to examine, develop, and enhance the capital market as a whole.

The discussion took place in the ministry’s conference room today, July 31, at noon. It was chaired by Md. Obaidur Rahman, the secretary of industries.

Managing directors/chief executive officers/appropriate representatives of Unilever Bangladesh Limited, Nuvista Pharma, Sanofi Bangladesh, IPDC Finance, Reckitt Benckiser (Bangladesh), The Bengal Glass Workers, Mirpur Ceramic Works, Himadri Limited, and Karnaphuli Fertilizer Company, as well as Additional Secretary of the Ministry of Industries Rashidul Hasan, Additional Secretary Md. Nuruzzaman ndc, Joint Secretary Md. Sajedur Rahman, and Deputy Secretary Nurun Nahar were present in the meeting.

The meeting was attended by Majeda Khatun, CEO of ICB Capital Management Limited, a division of the Investment Corporation of Bangladesh (ICB), and Niranjan Chandra Debnath, Managing Director of ICB. The conference was also attended by the Director General of BSRB and the Chairman of BCIC.

The meeting included productive discussions on the position of companies and the actions to be taken to implement the government’s decision to sell off shares of multinational corporations in which the government owns at least 5% of the company and at least 5% of other companies in the capital market. It also included constructive discussions on the offloading of company shares in the capital market.

 

 

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