Asiatic Laboratories’ IPO halted
The Bangladesh Securities and Exchange Commission (BSEC) has halted the initial public offering of Asiatic Laboratories as it reportedly showed a higher value of its assets.
Today, the Dhaka Stock Exchange (DSE) disclosed that the company's IPO has been held up after an instruction from the BSEC.
The commission has directed that for the greater interest of the investors the subscription of the initial public offering (IPO) of Asiatic Laboratories Ltd shall be held up until further instruction, according to the disclosure of the DSE.
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