Finance

Describe Categories of Trading Companies in Dhaka Stock Exchange

Describe Categories of Trading Companies in Dhaka Stock Exchange

There are some categories of Company’s in DSE:

A-    Category Companies

B-    Category Companies

G-  Category Companies

N-  Category Companies

Z-  Category Companies

A- Category Companies

Companies, which are regular in holding the current annual general meetings and have declared dividend at the rate of ten percent of more in the last English calendar year

B- Category Companies

Companies, which are regular in holding the annual general meetings but have failed to declared dividend at least at the rate of tem percent in the last English calendar year.

Z- Category companies

Companies which failed to hold the current annual general meetings or have failed to declare any dividend or which are not in operation for more than six months or whose accumulated loss after adjustment of revenue reserve, if any, is negative and exceeded its paid-up capital.

G- Category Companies

G- Category Companies are basically Greenfield companies. The companies, which are not, started its operation but call subscribers to invest to their Company. They basically call for capital in primary market.

N- Category Companies

The Company’s, which are already in operation and enters into primary market to collect money, falls into N- Category Companies.

Provided that the chief executive officer of the exchange may bring any other company under this category, if deemed necessary, with the prior written consent from the Commission