Chinese Consortium to ink share purchase agreement with DSE today

MG News | May 14, 2018 at 01:11 PM GMT+05:00

0:00

A Chinese consortium comprising of Shenzhen Stock Exchange and Shanghai Stock Exchange will enter in a share purchase agreement with Dhaka Stock Exchange (DSE) today, making the Chinese Consortium a strategic partner of DSE.

Wang Jinjuan, President and Chief Executive Officer of Shenzhen Stock Exchange and Pan Xuexian, Supervisory Chair at Shanghai Stock Exchange will sign the agreements for Chinese Exchanges with Mr. K. A. M. Majedur Rehamn, Managing Director DSE in Dhaka.

After entering in the share purchase agreement, Chinese consortium will control a more than 25 per cent or above 450.94 million shares in DSE. According to the regulatory approval, Chinese consortium will purchase the DSE's shares at a price of Takka 21 each.

Apart from these individuals, Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor M Khairul Hossain, DSE Chairman Professor Abul Hashem and other senior managers at Securities Regulator and the bourse will be present at the signing ceremony.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	138,665.50 299.28M	1.68% 2285.53
ALLSHR	85,699.50 778.48M	1.24% 1051.15
KSE30	42,353.14 103.20M	1.94% 806.91
KMI30	195,182.04 107.99M	1.81% 3462.27
KMIALLSHR	56,389.15 437.73M	1.01% 561.42
BKTi	38,422.98 17.31M	1.57% 595.37
OGTi	27,718.26 13.25M	0.17% 47.58

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	120,075.00	120,125.00 117,720.00	445.00 0.37%
BRENT CRUDE	69.54	69.56 68.27	1.02 1.49%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	0.95 0.99%
ROTTERDAM COAL MONTHLY	105.00	105.00 105.00	-0.15 -0.14%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.57	67.60 66.29	1.19 1.79%
SUGAR #11 WORLD	16.75	16.88 16.54	0.19 1.15%