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It was again renamed as Dacca Stock Exchange Ltd on 13 May 1964. After the liberation war in 1971 the trading was discontinued for five years. In 1976 trading restarted in Bangladesh, and DSE was started on 16 September 1986. The formula for calculating DSE all share price index was changed according to IFC on 1 November 1993.
"The Investment Corporation of Bangladesh (Amendment)Act, 2000" 6 July 2000 25 Registration of the three Subsidiary Companies with the Registrar of Joint Stock Companies and Firms 5 December 2000 26 ICB Capital Management Ltd. 1 July 2002 27 ICB Asset Management Company Ltd. 1 July 2002 28 ICB Securities Trading Company Ltd. 13 August 2002 29
The bullish market turned bearish during 2010, with the exchange losing 1,800 points between December 2010 and January 2011. [3] Millions of investors have been rendered bankrupt as a result of the market crash. The crash is believed to be caused artificially to benefit a handful of players at the expense of the big players. [3]
Bangladesh Bank ordered the Central Depository Bangladesh Limited to examine accounts held by depository participants in November 2014. [13] To participate in the stock market and apply for primary stocks one needs a beneficiary owner through a depository participant. [14] [15] Bangladesh Securities and Exchange Commission ordered the Central ...
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IPDC Finance PLC. (previously known as Industrial Promotion and Development Company of Bangladesh Limited) is a private sector financial institution of the country. [1] IPDC Finance, established in 1981, is a public limited company and listed in both Dhaka Stock Exchange and Chittagong Stock Exchange.
It became a public limited company in 1998. [8] The operations in Pakistan continue as Kohinoor Chemical Company (Pvt) Ltd, a separate company. [10] Orion Group bought the state owned Kohinoor Chemical Company (Bangladesh) Limited, a deal made possible by the close friendship of the group chairman with Prime Minister Khaleda Zia, in 1993. [11]
In 2021, Khan shares his plans with Bloomberg about Summit, JERA and Mitsubishi Corporation to jointly bid for an estimated US$2.3 billion in FSRU projects in Payra (Bangladesh), Kerawalapitiya (Sri Lanka) and Pakistan as he sees demand for storage increasing as governments face volatility in natural gas prices.