Embargo on Runner for issuing bonus shares | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
July 11, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, JULY 11, 2025
Embargo on Runner for issuing bonus shares

Stocks

TBS Report
11 February, 2020, 09:10 pm
Last modified: 11 February, 2020, 09:19 pm

Related News

  • Travel embargo imposed on ex-land minister Saifuzzaman, wife
  • Runner opens country's maiden three wheeler manufacturing plant
  • Breakthrough in Venezuela talks spurs US to ease embargo
  • Cuba and US spar over UN resolution calling to end embargo
  • 1.3 crore litres of palm oil on way to Ctg from Indonesia

Embargo on Runner for issuing bonus shares

Earlier, the company decided to build a new plant in Mymensingh with a budget of Tk63 crore for manufacturing three-wheelers

TBS Report
11 February, 2020, 09:10 pm
Last modified: 11 February, 2020, 09:19 pm
Embargo on Runner for issuing bonus shares

The Bangladesh Securities and Exchange Commission (BSEC) placed an embargo on Runner Automobiles Ltd on issuing bonus shares until the latter completes its new three-wheeler manufacturing project.

The decision came at a meeting held at the BSEC office on Tuesday.

Earlier, the company decided to build a new plant in Mymensingh with a budget of Tk63 crore for manufacturing three-wheelers.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Meanwhile, the company has approved the decision from its board of directors and shareholders in its annual general meeting, according to the BSEC.

According to senior company officials, the construction of the three-wheeler plant will be completed within the next two years. 

Earlier this year, Runner Automobiles collected the fund to establish a modern factory and a research centre to boost motorcycle production in Bangladesh. 

Company sources said Bangladesh depends on imports for three-wheelers, which is quite costly. If these vehicles are manufactured domestically, the price will go down. Three-wheelers have a high demand in both urban and rural areas, and the Runner automobiles is optimistic about doing a good business.

Under the company's plans for the new three-wheeler plant in Mymensingh, Tk12 crore will be invested for installing a chassis welding line, Tk7 crore for a body welding line, Tk28 crore for a paint booth and Tk16 crore for assembling and testing units.

The Runner automobiles plans on initial production of 3,000 vehicles per month and 30,000 vehicles per year. 

The company is presently marketing motorcycles and scooters from 50cc to 150cc capacity under its brand. Runner Automobiles is also the country representative of Indian automobile giant Bajaj's cargo vehicles and three-wheelers.

Economy / Top News

Embargo / Runner Automobiles Ltd

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Bangladesh's delegation, led by Commerce Adviser Sk Bashir Uddin, began high-level negotiations with USTR Ambassador Jamieson Greer at 9pm Bangladesh time on Thursday (10 July). Photo: Collected from the Facebook handle of Golam Mortoza, Press Minister at the Bangladesh Embassy in the US
    No need to worry as US tariff talks ongoing: Fouzul tells biz leaders
  • Infographics: TBS
    How tender rules and a lone bidder stall a $2.5b power plant
  • Commerce Adviser Sk Bashir Uddin met USTR Ambassador Jamieson Greer at the USTR office in Washington, DC on 10 July 2025. Photo: CA Press Wing
    35% tariff: Commerce adviser meets US trade representative in Washington

MOST VIEWED

  • Graphics: TBS
    BB raises startup fund limit, drops upper age barrier
  • Workers pack undergarments at the packing section of a garment factory in Ashulia, on the outskirts of Dhaka, Bangladesh, April 19, 2025. Photo: REUTERS/Fatima Tuj Johora
    After US tariffs, jobs hang by a thread in Bangladesh's garments sector
  • Photo: Mohammad Minhaj Uddin/TBS
    SSC, equivalent results: Pass rate drops to 68.45%, GPA-5 also declines
  • File photo of containers at Chattogram port/TBS
    US buyers push Bangladeshi exporters to share extra tariff costs
  • Govt vehicle purchase, foreign trip, new building construction banned: Finance ministry
    Govt vehicle purchase, foreign trip, new building construction banned: Finance ministry
  • Students sit for SSC exam at Motijheel Girls' High School on 10 April 2025. Photo: Mehedi Hasan/TBS
    SSC exam results out: Here's how you can check online and via SMS

Related News

  • Travel embargo imposed on ex-land minister Saifuzzaman, wife
  • Runner opens country's maiden three wheeler manufacturing plant
  • Breakthrough in Venezuela talks spurs US to ease embargo
  • Cuba and US spar over UN resolution calling to end embargo
  • 1.3 crore litres of palm oil on way to Ctg from Indonesia

Features

Photo: Collected/BBC

What Hitler’s tariff policy misfire can teach the modern world

12h | The Big Picture
Illustration: TBS

Behind closed doors: Why women in Bangladesh stay in abusive marriages

15h | Panorama
Purbachl’s 144-acre Sal forest is an essential part of the area’s biodiversity. Within it, 128 species of plants and 74 species of animals — many of them endangered — have been identified. Photo: Syed Zakir Hossain/TBS

A forest saved: Inside the restoration of Purbachal's last Sal grove

16h | Panorama
Photo: Rajib Dhar/TBS

11 July 2024: Riot vehicles, water cannons hit the streets as police crack down on protesters

8h | Panorama

More Videos from TBS

'Hypocrisy' will not continue, Iran tells IAEA

'Hypocrisy' will not continue, Iran tells IAEA

11h | TBS World
OpenAI to release web browser in challenge to Google Chrome

OpenAI to release web browser in challenge to Google Chrome

11h | TBS World
Will the title 'Honorable and Excellency' be abolished?

Will the title 'Honorable and Excellency' be abolished?

12h | TBS Today
July Declaration must be constitutionally recognized: Akhtar Hossain

July Declaration must be constitutionally recognized: Akhtar Hossain

11h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net