Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof. Shibli Rubaiyat-ul-Islam said the commission is working to bring fundamentally strong companies into the capital market and now many large companies are coming together. preparing to enter the capital market.
During a courtesy visit to the new Capital Market Journalists Forum (CMJF) committee at the commission’s office in Agargaon on Tuesday, the BSEC chairman hoped that some solid companies would come into the capital market over the next few years. next two years.
“Multinationals or large corporations may be forced to enter the capital market. Instead, the focus is on creating an enabling environment for them. If the environment is right, businesses will come. on their own in the capital market, “said Professor Shibli.
He added that any initiative takes a certain time to get results. The commission has taken initiatives to reform the law and develop the market and some of its benefits are already evident. The response is also good for roadshows organized to increase foreign investment. Several companies and funds are already discussing investments.
CMJF Chairman Ziaur Rahman said confidence in the aftermarket has returned with various government and BSEC initiatives. The market has gained enough momentum. Now we need to focus on the dynamics of the primary market because only a vibrant capital market can contribute to the economy.
He also drew attention to the listing of large industrial groups on the capital market.
The delegation included Abu Ali, secretary general of the newly elected CMJF committee, Hasan Imam Rubel, outgoing committee chair, Monir Hossain, secretary general, and members of the executive committee.
On behalf of the commission, Commissioner Dr Sheikh Shamsuddin Ahmed and Md Abdul Halim were present during the courtesy visit.