BSEC forms probe body on Hakkani Pulp

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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