Home ›› 15 May 2023 ›› Corporate
A discussion meeting between Capital Market Stabilization Fund (CMSF) and Bangladesh Textile Mills Association (BTMA) was held Thursday at the BTMA office in Dhaka.
The meeting was led by Asif Ibrahim, chairman, Chittagong Stock Exchange (CSE) and Board of Governors (BOG) member, CMSF and Mohammad Ali Khokon, president, BTMA for their respective sides.
The parties discussed bringing the outstanding and undistributed dividends of the investors of the textile sector into the CMSF fund. 56 companies of the sector have not yet fully deposited the dividends in the CMSF fund. The BTMA president expressed his positive opinion about transferring this money and stock into the CMSF fund.
Asif Ibrahim said, “Depositing this outstanding/undistributed dividend and stock in the CMSF fund is very important to strengthen the capital market.”
He also said that the CMSF is working to protect the investors while CMSF’s chief of operation, Md Monowar Hossain gave a special presentation on the functions of the FCA fund in the meeting.
On behalf of CMSF, the CSE chairman sought Bangladesh Textiles Mills Corporation’s assistance in transferring the undistributed dividends of the listed companies.
