The Bangladesh Securities and Exchange Commission (BSEC), the regulator of the capital market of Bangladesh – Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) – is considering forming a new board for the start-up companies of the country.
According to media reports, the BSEC Chairman Shibli Rubaiyat Ul Islam was recently addressing a press conference, he said that some start-up companies cannot adapt to mainstream or SME markets.
The BSEC Chairman further said that start-up companies are mostly formed by the new generation who do not always have the resources and added the commission will support such companies.
He also mentioned that the start-up companies wishing to enter the capital market must issue at least 10% of their shares, media reported.
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