Cairman of the Capital Market Stabilization Fund (CMSF) Md. Nojibur Rahman on Sunday said undistributed dividends of different company shareholders must be deposited with the CMSF paying a 2.5 percent surcharge after June 30.
He said the Bangladesh Security and Exchange Commission (BSEC) had completed preparations to audit the listed companies and then the identified undistributed money would be deposited to CMSF as per rules.
Nojibur Rahman said this while speaking as the chief guest at a discussion on the capital market stabilize funding, organized by the Capital Market Journalist Forum (CMJF) in its Palton office in the capital on Sunday.
He said the volume of the CMSF stood at Tk1270 crore. So far undistributed and unclaimed shares worth Tk710 crore and cash of dividend Tk 560 crore have been deposited in the CMSF.
In reply to a query Nojibur Rahman said, “We refunded dividends to 1,170 investors. Among them, cash claims 755 people and 391 claim bonus shares.”