CSE

According to a proposal, ABG Limited, a concern of Bashundhara Group, wants to buy 25% shares of CSE as a strategic partner.

The BSEC and the CSE held a meeting on 24 August regarding these issues. In a letter, the BSEC directed the CSE to provide detailed information about ABG Limited's resources, manpower, skills and investment capacity. According to sources, the CSE sent Bashundhara's proposal to the BSEC on 1 August this year. But, no official of the CSE, Bangladesh Securities and Exchange Commission (BSEC) and Bashundhara Group is willing to comment on this as yet. The company has offered a price of Tk15 for each share. The group has already submitted specific proposals to the port city bourse.