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Asiatic Laboratories’ IPO halted

Asiatic Laboratories’ IPO halted
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Asiatic Laboratories’ IPO halted

The Bangladesh Securities and Exchange Commission has stopped the Asiatic Laboratories initial public offering due to an inflated value of assets.

Yesterday, the Dhaka Stock Exchange announced that the company’s initial public offering has been delayed due to directives from the securities regulator.

The Dhaka Stock Exchange revealed yesterday that the initial public offering of the company has been put on hold as per the instructions from the securities regulator.

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