Listed companies urge BSEC to ease listing process to attract stronger firms
The discussion focuses primarily on market development, investor protection and the need to bring more reputable corporate houses into the trading fold.
The Bangladesh Association of Publicly Listed Companies (BAPLC) has urged the securities regulator to simplify the listing process and remove existing barriers to encourage fundamentally strong companies to enter the capital market.
The association emphasised that resolving these procedural complexities is essential to ensuring long-term financing for the industrial sector through the country's bourses.
The call came during a courtesy meeting between a high-level BAPLC delegation and officials of the Bangladesh Securities and Exchange Commission (BSEC) at the regulator's headquarters in Agargaon, Dhaka, today (18 June).
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The discussion focused primarily on market development, investor protection and the need to bring more reputable corporate houses into the trading fold.
During the meeting, BAPLC leaders informed the regulator that many high-potential companies have expressed a keen interest in going public but continue to face various procedural bottlenecks that discourage them from entering the market.
As the representative body of listed companies, the association said it is willing to play a facilitative role in bridging the gap between prospective issuers and the regulator to deepen the market's strength.
In response, the BSEC leadership assured the delegation that the commission remains dedicated to market reform and investor welfare.
The regulator pledged to provide maximum possible assistance to resolve the issues identified by the association, noting that the inclusion of good companies is vital for a vibrant and transparent capital market.
The two sides also discussed broader initiatives to modernise Bangladesh's financial ecosystem and make the capital market more attractive to both domestic and foreign investors.
The BSEC side was led by its Acting Chairman Tanwir Habib Rahman, accompanied by Commissioners Nahid Mahtab and Nafeez Al Tarik, along with senior executive directors.
The BAPLC delegation included its President Riad Mahmud, who is also the managing director of National Polymer Industries PLC. Vice-President Syed Ishtiaq Ahmed and Secretary General Amjad Hossain also attended the meeting.
