The Bangladesh Securities and Exchange Commission or BSEC, which is the regulator of the capital market of Bangladesh, comprising Dhaka Stock Exchange and the Chittagong Stock Exchange, is mulling forming of a new board for start-up companies in the country.
This was, reportedly, underlined by the BSEC Chairman Shibli Rubaiyat Ul Islam while addressing a recent conference even as he added some start-up companies cannot adapt to mainstream or SME markets.
The BSEC Chairman further, reportedly, said 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 per cent of their shares.
