Salehuddin meets executives of 10 firms over capital market inclusion

Some state-owned firms will go for direct listing while multinationals will decide in board meetings

The government interim government has turned its attention to 10 companies, including profitable state-owned enterprises and multinational firms, as part of efforts to bring large companies into the capital market.

Finance Advisor Salehuddin Ahmed held a meeting with senior executives of the companies at the finance ministry on Wednesday.

According to officials, several domestic profit-making state-owned companies are expected to enter the market through direct listing.

Multinational companies, meanwhile, said they would take decisions on listing through their board meetings.

After the meeting, Salehuddin and Investment Corporation of Bangladesh (ICB) Chairman Abu Ahmed confirmed the plan and provided details of the discussions.

[Updates to follow]