DSE fines nine firms for failure to submit financial reports
Star Business Report
The Dhaka Stock Exchange has fined nine listed companies for their failure to submit half-yearly financial reports.The companies have to pay Tk 500 for each day until they submit their reports. During the timeframe that ended July 31, the listed companies were supposed to submit their reports. The non-compliant companies include RB Textile, Bangladesh Hotels Limited, Bangladesh Dyeing and Finishing Industries Limited, CMC Kamal Textile Mills Limited, Legacy Footwear Limited, Oriental Bank, Popular Life Insurance Company Limited, Saleh Carpet Mills Limited and Wata Chemicals. Sources said the rate of submission of half-yearly reports within deadline has increased due to continuous monitoring by the DSE and the Securities and Exchange Commission.
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