A meeting with the Institutional Investors was held on February 16, 2006. Held at the DSE
board room with its newly-elected President Mr. Md. Abdullah Bokhari in the Chair, the meeting
discussed various ways and means to widen the institutional support in the stock market.
The meeting decided to form a ten-member working committee to strengthen the participation
of institutional investors in the country's stock market. The committee comprising of representatives
of Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE) and other market intermediaries will
frame recommendations on the long-term development of country's stock market. Representatives of
Investment Corporation of Bangladesh (ICB), Arab Bangladesh Bank (AB Bank), Prime Finance and Investment
Ltd, Prime Bank, IDLC, Capital Market Services Ltd, Union Capital Ltd, Swadesh Investment Management Ltd,
Midas, Sabinco and other merchant banks attended the meeting. DSE Senior Vice President Mr. Ahmad Rashid
Lali, Vice President Mr. N.U.M Oliullah, Directors Mr. Khwaja Ghulam Rasul, Mr. Md. Shakil Rizvi, Mr. Sharif
Ataur Rahman, Mr. Shahed Abdul Khaleque, Mr. Md. Azizul Hoque and Chief Executive Offier Mr. Salahuddin
Ahmed Khan also attended.
Introduction of index-based loan ratio system under a flexible margin rules for the merchant
banks, mandatory injection of pension and insurance funds in the stock market and allowing
the institutional investors to obtain a certain portion of shares of mutual funds under
pre-IPO placement were also discussed in the meeting.
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STOCK EXCHANGE BUILDING, 9/F MOTIJHEEL C/A, DHAKA BANGLADESH
Phone: 88-02-9564601, 7175703-11, FAX: +88-02-9564727
Email: dse@bol-online.com, Web: http://www.dsebd.org/
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