An entrepreneur associated with Southeast Bank PLC, a publicly traded company, has finalized the divestment of shares as previously communicated.

This information was sourced from the Dhaka Stock Exchange (DSE).

As stated by the source, the bank’s sponsor, Rehana Kashem, has sold 1,596,490 shares from her overall holding of 6,324,027 shares in the institution.

Previously, on September 24, the sponsor had declared her plan to sell the specified quantity of shares on the public market of the DSE.