Photo : BSS

DHAKA, Oct 08, 2024 (BSS) - The Bangladesh Securities and Exchange Commission (BSEC) has urged three major groups—Meghna, City and PHP—to get listed on the stock exchanges, for developing the country’s stock market.

BSEC Chairman Khondoker Rashed Maqsood made the call during a meeting with the three big groups at BSEC conference room in the city today, said a press release.

Mostafa Kamal, chairman and managing director of Meghna Group of Industries, Md Hasan, managing director of City Group and Mohammed Akther Parvez, director of PHP Group, were present at the meeting.

Khondoker Rashed Maqsood said BSEC will continue to invite fundamentally-strong companies to enhance the quality stocks of the capital market.

“The inclusion of such companies is expected to improve investors’ confidence by providing a broader selection of reliable stocks," he added. 

He said these three groups have made significant contributions to the economy, with diverse business operations across several sectors.
Listing of fundamentally-strong companies would offer investors access to a wider range of quality stocks, he added. 

BSEC commissioners Md Mohsin Chowdhury, Md Ali Akbar, and Farzana Lalarukh were also present at the meeting.