The Chairman of the Bangladesh Securities and Exchange Commission (BSEC) emphasizes the need to revive non-operational companies to protect investors’ investments. Non-operational companies often shut down due to financial fraud, leaving assets like buildings and machinery idle. The closure of factories contributes to the rise in non-performing loans (NPLs), and the recovery of NPLs requires more than just selling companies’ lands.
The BSEC has taken measures, such as allowing companies to issue placement shares at lower prices and facilitating mergers, to help non-performing companies restart production and benefit shareholders. The chairman also addresses the slow progress in listing state-run enterprises in the capital market and emphasizes the role of CFOs in making the bond market more vibrant. Additionally, he defends the floor price mechanism, stating it has reduced market volatility and expects changes after the national election.
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