Dhaka, Bangladesh (BBN) – Two more sponsor-directors expressed their willingness to buy shares of their companies at prevailing market prices within the next 30 working days, an announcement said on Sunday.
Abdul Malek, one of the directors of Mutual Trust Bank Limited, has expressed his intention to buy 125,000 shares in addition to his current holding of 32,72,360 shares of the bank.
Khaleda Ahmed, one of the directors of Meghna Life Insurance, has expressed her intention to buy 2,000 shares in addition to her current holding of 1,00,000 shares of the Company.
So far, as many as 61 sponsor-directors expressed their willingness to buy shares of their companies to comply with the regulator’s directive to hold minimum 2.0 per cent stakes in their own firms.
BBN/SSR/AD-15Jan12-9:55 pm (BST)