BSEC suspends Zeal Bangla’s share trading

The Bangladesh Securities and Exchange Commission (BSEC) has suspended share trading of Zeal Bangla Sugar Mills Ltd after observing unusual transactions and movement of its share price in the Dhaka Stock Exchange (DSE).

The suspension order has come into effect from today (Tuesday) until further order, for the interest of the investors and trade.

The BSEC said in the order issued on its website on September 14 that the suspension will remain effective as per section 9(8) of the Securities and Exchange Ordinance, 1969.

The regulator has directed the DSE to suspend the trading of shares of the company until further order.