SEC has approved IPOs and Issuance of right share worth Tk 48.27 billion this year. Last year’s figure was Tk 7.47 billion.
In 2010, IPOs worth Tk 23.72 billion got approval. The amount was Tk 6.03 billion in 2009.
In 2010, right shares worth Tk 24.72 billion got approval. The amount was Tk 1.44 billion in 2009.
SEC approved 11 new IPOs this year. Last year, 9 IPOs got approval.
In this regard, Tariquzzaman said, “This year our focus was on the supply of shares in the market.”
Source: bdnews24.com, 29 December, 2010