BSEC bans to sell, transfer shares of S Alam family members
News Desk || risingbd.com
Published: 22:19, 20 August 2024
![BSEC bans to sell, transfer shares of S Alam family members BSEC bans to sell, transfer shares of S Alam family members](https://www.risingbd.com/media/imgAll/2024August/en/SALAM-2408201619.jpg)
The Bangladesh Securities and Exchange Commission (BSEC) has imposed a restriction on the transfer and sale of the shares of six banks - all owned by S Alam - by Mohammed Saiful Alam and 25 of his family members.
The banks are: Islami Bank, First Security Islami Bank, Social Islami Bank, Global Islami Bank, Union Bank and Bangladesh Commerce Bank.
The restriction also applies to 56 companies under the S Alam group, the BSEC said in a notification under the guideline of Bangladesh Bank.
NT/Mukul