HC halts KPPL IPO proceedings
Wednesday, 7 May 2014
The High Court (HC) has stayed the initial public offering (IPO) of Khulna Printing and Packaging Limited (KPPL). An HC bench issued an order on Wednesday and a rule as to why the IPO will not be cancelled. Earlier, media reports indicated the company's effort to project inflated revenues and sales to attract strong public response.according to bdnews24.com.