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BBA Discussion Forum / Capital Market
« on: November 23, 2011, 01:52:47 PM »
According TO The Independent- The SEC on Tuesday made 30 percent share holding mandatory for sponsors,directors and promoters of publicly listed company.The SEC spokesperson,Md Saifur Rahman said the commission would unveil on Wednesday the much-talked about incentive package prepared to rejuvenate the bearish market.
According to the SEC notification,sponsors &directors 8 holding less than 30 percent share in a company will have to acquire the rest of the stake within six months of the issuance of this notification.
My question here - is the step solve our present abnormal market?
According to the SEC notification,sponsors &directors 8 holding less than 30 percent share in a company will have to acquire the rest of the stake within six months of the issuance of this notification.
My question here - is the step solve our present abnormal market?