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Which big companies split their stocks this year and what that means. James Royal, Ph.D. November 4, 2024 at 12:00 PM. A stock split is when a company ... So you end up with the same $10,000 in ...
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
In 2021, Bangladesh Securities and Exchange Commission ordered Central Depository Bangladesh Limited to halt trading of all shares of Fareast Islami Life Insurance Company Limited whose directors were suspected of embezzling money from policy holders. [23] In February 2022, investors blamed Central Depository Bangladesh Limited and Dhaka Stock ...
In 2014, Bangladesh Bank fined Bangladesh Krishi Bank 50 thousand taka for providing 1.8 billion taka loan to S.A. Group of Industries, through two subsidiaries, despite it being known as a loan defaulter. [8] Agrani Bank Limited filed a lawsuit against Shahabuddin Alam and his wife over the bouncing of three cheques. [9]
In April 2009, S. Alam purchased Oman Bangladesh Leasing and Finance Limited. [4] Md Saiful Alam Masud, chairman of S. Alam Group and First Security Islami Bank Limited, was appointed chairman of Oman Bangladesh Leasing and Finance Limited. [4] S. Alam Group signed an agreement with SEPCO3 to construct a powerplant in Chittagong in 2013. [5]
KDS Group is a business and industrial conglomerates of Bangladesh, which is based in Chittagong [1] but with extensive operations in Dhaka as well. [2] It has also established offices and agencies in India, Hong Kong and is expanding into Europe and North America.
The Bangladesh High Court appointed former justice Moyeenul Islam Chowdhury as the chairman of the board and four independent board members. [12] Bangladesh Industrial Finance Company Limited shares on the Dhaka Stock Exchange rose sharply despite being in the negative financially in 2022. [13] It suffered its sixth year of straight loses in ...
The move comes as the government looks to have a functional ICB ordinance in place after the Investment Corporation of Bangladesh Ordinance, 1976 was declared illegal due to its issuance during the military regime (1975–1981). Therefore, this bill is aimed to replace the 'Investment Corporation of Bangladesh Ordinance, 1976'.