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BSEC forms probe body on Hakkani Pulp

FE Report | Wednesday, 1 July 2015



The securities regulator has formed a two-member body to probe into unusual price hike of the shares of Hakkani Pulp & Paper whose price rose 200 per cent in last 14 consecutive trading sessions, officials said.
The Bangladesh Securities and Exchange Commission (BSEC) Monday formed the body at a commission meeting.
The body comprising two BSEC deputy directors--Shamsur Rahman and Gholam Kibria--will submit its report within next 15 working days.
The company's per share price was Tk 20 on June 10 last.
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