SEC warns 8 listed firms for defying rules
Star Business Report
Securities and Exchange Commission (SEC) has warned eight listed companies, their directors and company secretaries for violation of rules.Of the eight companies, three companies, their directors and company secretaries have been cautioned for not submitting audited accounts statement for the year that ended December 31, 2005 on time to the commission, an SEC press release said. These three companies are: RB Textiles Limited, German Bangla JV Food Limited and Lexco Limited. Besides, the SEC warned four companies for not submitting half-yearly revised financial statements to the commission on time. These companies are BD Com Online Limited, Imam Button Industries Limited, Niloy Cement Industries Limited and Miracle Industries Limited. The capital market watchdog also warned two companies for not submitting audiovisual record of annual general meetings held in the year 2005 to the commission. These two companies are Miracle Industries Limited and Mac Enterprise Limited.
| 
