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Salman F Rahman to buy half-million shares

With a perspective to propping up a sagging share market, business-tycoon Salman F Rahman will buy half a million shares of his own company, Beximco Limited, from a bourses.

Immediately after a proclamation that a entrepreneurs listed with a share marketplace will buy shares of their own companies to await a market, Salman Rahman put his devise upon a website of Chittagong Stock Exchange (CSE).

Salman possesses a sum of 2,49,72,828 shares of Beximco Limited, sources said.

Moreover, Ivana Fahmida Mahmood, a businessman of City Bank, as well as an a single more entrepreneur, Syed Ahsan Quader, Director of a United Leasing Company (ULC), will buy behind 40,000 as well as 500 shares respectively from a market.

According to existent rules, a entrepreneurs of 3 companies have been shopping shares from a marketplace after creation proclamation by a batch exchanges.

BAPLC boss Salman F Rahman is contacting a entrepreneurs enlisted with a share marketplace to buy behind own shares to rigging up a batch market, sources said.

In a meantime, a small large entrepreneurs have appreciated his gesticulate as well as they competence acknowledgement early subsequent week their skeleton for shopping own shares from a market.

“If a territory associated to entrepreneurs’ share shopping in a inventory manners as well as regulations is relaxed, entrepreneurs of assorted companies will come brazen to exercise this market-salvaging initiative,” pronounced a single of a sources.

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