Share holders in trouble

By Adamaas Saleheen, Paribagh, Dhaka
18 May 2006, 18:00 PM
In Bangladesh most of the Entrepreneurs of Public Limited Companies who have taken money through IPOs are dishonest.

Small investors who have bought shares from the secondary market are in deep trouble. They have lost more than 50% of their money since most of the share prices have gone down.

The finance minister advocated investment in the stock market. But by investing in stocks small investors have become bankrupt.

The companies must ensure the rate of dividend prior to issuance of IPO. The government and SEC should also oversee the activities of those companies and in case of any malpractice they should be removed from management.