DSE to take legal action against 11 companies
Friday, 26 September 2008
FE Report
Dhaka Stock Exchange (DSE) has decided to take legal actions against 11 listed companies as they failed to pay listing fees worth Tk 2.18 million for years.
"We will take legal action against the companies soon as they did not pay the fees despite our repeated requests," a DSE source told the FE Thursday.
The companies are Metalex Corporation, Arbee Textiles, Bangladesh Electricity Meter Company Ltd, M Hossain Garments, Mona Food Industry, Amam Sea Food, Raspit Inc, Saleh Carpet, Sreepur Textile, Pharmaco International and Raspit Data.
Of them, Metalex Corporation failed to pay Tk 80,000 since 2001, Arbee Textiles Tk 240,000 since 2001, Bangladesh Electricity Meter Company Ltd Tk 175,000 since 2002, M Hossain Garments Tk 2,45,000 since 2002, Mona Food Industry Tk 245,000 since 2002, Amam Sea Food Tk 90,000 since 2003, Raspit Inc Tk 330,000 since 2003, Saleh Carpet Tk 210,000 since 2003, Sreepur Textile Tk 300,000 since 2003, Pharmaco International Tk 90,000 since 2003 and Raspit Data Tk 180,000 since 2003.
DSE has already asked its legal consultant to initiate necessary legal proceedings against the companies.
Dhaka Stock Exchange (DSE) has decided to take legal actions against 11 listed companies as they failed to pay listing fees worth Tk 2.18 million for years.
"We will take legal action against the companies soon as they did not pay the fees despite our repeated requests," a DSE source told the FE Thursday.
The companies are Metalex Corporation, Arbee Textiles, Bangladesh Electricity Meter Company Ltd, M Hossain Garments, Mona Food Industry, Amam Sea Food, Raspit Inc, Saleh Carpet, Sreepur Textile, Pharmaco International and Raspit Data.
Of them, Metalex Corporation failed to pay Tk 80,000 since 2001, Arbee Textiles Tk 240,000 since 2001, Bangladesh Electricity Meter Company Ltd Tk 175,000 since 2002, M Hossain Garments Tk 2,45,000 since 2002, Mona Food Industry Tk 245,000 since 2002, Amam Sea Food Tk 90,000 since 2003, Raspit Inc Tk 330,000 since 2003, Saleh Carpet Tk 210,000 since 2003, Sreepur Textile Tk 300,000 since 2003, Pharmaco International Tk 90,000 since 2003 and Raspit Data Tk 180,000 since 2003.
DSE has already asked its legal consultant to initiate necessary legal proceedings against the companies.