...Executive Summery BSRM Steel Limited, a high grade steel manufacturing company has been operating as a sister concern of BSRM Group of Companies, the most successful and highly regarded group in the steel sector of the country. The BSRM Group is known for its long exposures in all sub- sectors of steel industry since 1952 including ship breaking, scrap processing, and billet manufacturing, manufacturing of MS rod as well as in other ancillary operations. Bangladesh Steel Re- rolling Mills Limited (BSRM), the flagship company of BSRM Group was established in 1985 for automated steel re- rolling mill and has been operating successfully. In order to cater to the increased market demand, the group established BSRMS with a production capacity of 375000 M ton, per year in 2002. It is the first ever fully automated steel re- rolling plant in the country and also regarded as the largest plant in terms of capacity in the country. The product has come out under the brand name of “BSRM Xtreme 500W” round bars. Such rods are superior equipment in the construction. The project has been conceptualized by German requirements in construction. The project has been conceptualized by German Consultants “Badische Stahl Engineering (BSE)” and the complete plant & machineries have been supplied by Danieli Group, Italy- one of the three largest suppliers of equipments and plants in metal industry worldwide. It was incorporated on 20 July 2002 under the companies Act 1994 as a private...
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...Table of Contents 01 | Transmittal Letter 02 | Notice of the 8th Annual General Meeting 03 | BSRM Vision & Values 04 | BSRM Group Over the Years 05 | Company Profile Corporate Information Board of Directors Management Committee Audit Committee Key Management Personnel and Advisors Auditors 06 | Financial Highlights-2009 07 | The Product and the Pride 08 | Chairman’s Message 09 | From the Desk of Managing Director 10 | Report of the Board of Directors 11 | Report of the Audit Committee 12 | Auditors’ Report & Audited Financial Statements Auditors’ Report Balance Sheet Profit & Loss Account Statement of Changes in Equity Cash Flow Statement Notes to the Accounts 13 | Photo Gallery 14 | Form of Proxy 15 | Attendance Slip 02 03 04-05 06 07 08 09 09 09 09 10 11 13-15 17-19 21-30 31 32 33 34 35 36 37-51 52-53 55 55 Transmittal Letter 02 BSRM Steels Ltd. | annual report 2010 Notice of the 8th Annual General Meeting Notice is hereby given that the 8th Annual General Meeting of BSRM Steels Limited will be held on Sunday, the 6th June 2010 at 10:30 AM at The Institution of Engineers, Bangladesh, S. S. Khaled Road, Chittagong to transact the following business: I. To receive, consider and adopt the Audited Financial Statements of the Company for the year ended on 31st December 2009 along with Report of the Directors and the Auditors thereon. II. To consider recommendation of the Board of Directors to declare Dividend for 2009. III. To elect Directors of the Company. IV. To appoint...
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...1. Introduction: For volatile markets, Sir John Templeton said, “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.†For our investment simulation project, we started out with TK. 10, 00,000 cash at our disposal which we invested in the trading of Dhaka Stock Exchange (DSE) stocks, which is a bullish market. However, investing in such a volatile market required good initial research, investment strategies, and a well-diversified portfolio .Since this was a three-phase project, some adjustments were made to offset market downturns and ultimately increase the portfolio value in our account. As the market was unpredictable, our strategies were focused on risk minimization as well as loss minimization by diversifying our portfolio & by observing other measurement tools like Sharpe ratios, Jensen alpha, correlations & others. In addition our portfolio management was not intensified into these formulas as we also considered some of our predictions about this volatile market & companies. 2. Objective: The main objective of our project is to build up strong investment strategies to cope up with this volatile market with maximizing after tax wealth. To do this we realized that diversifying our portfolio would be the best strategy & that’s why we tried to invest in more than ten industries so that downturn in one sector can be offset by the rise in another sectors stock return. Therefore, while determining our investment...
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... you may consult issuer, issue manager and underwriter” PROSPECTUS of GSP FINANCE COMPANY (BANGLADESH) LIMITED For Public Issue of 20,000,000 ordinary share of Tk.10.00 each at an issue price of Tk.25.00 per share including a premium of Tk. 15.00 per share totaling Tk. 500,000,000.00 Opening date for subscription Closing date for subscription Non‐Resident Bangladeshi (NRB), subscription opens on Non‐Resident Bangladeshi (NRB), subscription closes on Credit Rating Status Entity Rating Date of Rating Validity of Rating : : : : January 08, 2012 January 12, 2012 January 08, 2012 January 21, 2012 Short Term ST‐4 Long Term BBB3 06 March 2011 30 June 2012 RATING ASSIGNED BY: CREDIT RATING AGENCY OF BANGLADESH LTD.(CRAB) UNDERWRITERS IDLC Investment Limited Eunoos Trade Center (Level 21) 52‐53 Dilkusha C/A, Dhaka. ICB Capital Management Limited 8, DIT Avenue, BDBL Bhaban (Level‐16), Dhaka. MTB Capital Limited 68 Dilkusha (6th Floor) C/A, Dhaka. City Bank Capital Resources Limited st Jibon Bima Tower, 1 Floor 10, Dilkusha C/A, Dhaka. Lanka Bangla Finance Ltd. Safura Tower (Level 11), 20 Kemal Ataturk Avenue, Banani, Dhaka‐1213. Sonali Investment Limited Sara Tower, 11th Floor, 11/A, Toynbee Circular Road, Motijheel C/A, Dhaka. Issue date of the Prospectus: November 29, 2011 The issue shall be placed in “N’’ category ...
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...Quarterly Review January-March 2008 Securities and Exchange Commission Bangladesh SECURITIES AND EXCHANGE COMMISSION Quarterly Review January - March 2008 A publication of the SEC Securities and Exchange Commission Jiban Bima Tower ( Floor 15, 16 & 20 ) 10, Dilkusha Commercial Area Dhaka-1000, Bangladesh Phone: 9568101-2, 9561525 Fax: (88)-02-9563721 Website: http//:www.secbd.org E-mail: secbd@bdmail.net Price: TK. 25.00 only SECURITIES AND EXCHANGE COMMISSION Quarterly Review January - March 2008 TOPIC 1. Capital Market News 2. Corporate Finance 3. Capital Issue Department C O N T E N T S 4 7 8 11 13 14 20 22 23 24 25 4. Supervision and Regulation of Markets and Intermediaries 5. Central Depository System Department 6. Registration Department 7. SEC Surveillance Department 8. SEC Enforcement Actions 9. Legal Services Department 10. DSE and CSE Scenario 11. Bangladesh Capital Market Summary CAPITAL MARKET NEWS Establishment of Securities and Exchange Commission (SEC) SEC was established in June 1993 through enactment of the Securities and Exchange Commission Act, 1993 as a regulator of capital market of Bangladesh. Missions of SEC ! Ensuring proper issuance of securities ! Protection of the interest of investors in securities; ! Development of the capital and securities markets; and ! Regulation of the capital and securities markets in Bangladesh. Market Performance Dhaka Stock Exchange: As on the end of January-March,...
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...Securities and Exchange Commission, Bangladesh ANNUAL REPORT 2010-2011 1 SECURITIES AND EXCHANGE COMMISSION ANNUAL REPORT 2010-2011 Jiban Bima Tower (15th , 16th & 20th Floor) 10, Dilkusha Commercial Area Dhaka-1000, Bangladesh Phone: 9568101-2, 9561525 Website: http://www.secbd.org E-mail: secbd@bdmail.net Fax: (88)-02-9563721 Securities and Exchange Commission 2 SECURITIES AND EXCHANGE COMMISSION ANNUAL REPORT 2009-2010 CONTENTS INSIDE 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Chairman’s Statement Economic Indicators of Bangladesh Capital Market Over the World Bangladesh Capital Market Capital Market Regulatory Reforms and Compliance Listing in Stock Exchanges Capital Issue Corporate Finance Registration Mutual Fund and SPV Surveillance Supervision and Regulation of Markets and Issuer Companies Supervision and Regulation of Intermediaries Central Depository Enforcement Law Management Information Systems Research & Development Bangladesh Institute of Capital Market Future Planning Financial Statements of the Commission Annexure Commission and the Commission’s Officers PAGE 04 06 09 11 16 26 28 30 32 36 38 39 47 49 50 50 50 51 52 52 53 54 86 3 1. Chairman’s Statement Securities and Exchange Commission (SEC) was established on 8 June 1993 through enactment of the Securities and Exchange Commission Act, 1993. The objectives of the SEC are to develop the securities markets and to frame necessary rules and regulations of capital...
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...Securities and Exchange Commission, Bangladesh ANNUAL REPORT 2010-2011 1 SECURITIES AND EXCHANGE COMMISSION ANNUAL REPORT 2010-2011 Jiban Bima Tower (15th , 16th & 20th Floor) 10, Dilkusha Commercial Area Dhaka-1000, Bangladesh Phone: 9568101-2, 9561525 Website: http://www.secbd.org E-mail: secbd@bdmail.net Fax: (88)-02-9563721 Securities and Exchange Commission 2 SECURITIES AND EXCHANGE COMMISSION ANNUAL REPORT 2009-2010 CONTENTS INSIDE 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Chairman’s Statement Economic Indicators of Bangladesh Capital Market Over the World Bangladesh Capital Market Capital Market Regulatory Reforms and Compliance Listing in Stock Exchanges Capital Issue Corporate Finance Registration Mutual Fund and SPV Surveillance Supervision and Regulation of Markets and Issuer Companies Supervision and Regulation of Intermediaries Central Depository Enforcement Law Management Information Systems Research & Development Bangladesh Institute of Capital Market Future Planning Financial Statements of the Commission Annexure Commission and the Commission’s Officers PAGE 04 06 09 11 16 26 28 30 32 36 38 39 47 49 50 50 50 51 52 52 53 54 86 3 1. Chairman’s Statement Securities and Exchange Commission (SEC) was established on 8 June 1993 through enactment of the Securities and Exchange Commission Act, 1993. The objectives of the SEC are to develop the securities markets and to frame necessary rules and regulations of capital...
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...Working Paper 3/2010 Investment Climate Series Investment Climate in Bangladesh: Enhanced Role of the Capital Market Dr. Prashanta K. Banerjee Md. Mohiuddin Siddique Economic Research Group Working paper No: 3/2010 Investment Climate Series Investment Climate in Bangladesh: Enhanced Role of the Capital Market Authors Dr. Prashanta Kumer Banerjee1 Mohiuddin Siddique2 Mentors Mohammad Musa Ph.D3 Farook Chowdhury4 ECONOMIC RESEARCH GROUP JUNE 2010 1 Senior Associate Professor, Bangladesh Institute of Bank Management (BIBM), Dhaka 2 Associate Professor, BIBM, Dhaka 3 Professor of Finance, School of Business, United International University 4 Program Manager, BMB Mott MacDonald, Dhaka. Published By Economic Research Group (ERG), Dhaka, Bangladesh The papers in this series are published as part of contract under the Small Grants Program, implemented by ERG and BMB Mott MacDonald and supported by the Bangladesh Investment Climate Fund (BICF). BICF is managed by IFC, in partnership with the U.K. Department for International Development and the European Union. Details about the program can be found at http://www.ergonline.org/ifc/index_of_SGAPP.html © Dr. Prashanta Kumer Banerjee, Mohiuddin Siddique, 2010 This publication may be reproduced, stored or transmitted for research and academic works without prior permission of the publisher or the author(s) but proper acknowledgement must be given...
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