BSEC cracks down on Fortune Shoes over unpaid dividends, fees

• The market regulator has imposed fines on the chairman, directors, and senior officials of Fortune Shoes for failing to pay declared dividends and listing fees.
• The decision was taken at a meeting of the Bangladesh Securities and Exchange Commission (BSEC) on Wednesday, chaired by its Chairman Khondoker Rashed Maqsood.Bangladesh travel guide
• According to a BSEC statement, Fortune Shoes declared a 10 per cent cash dividend and a 5 per cent stock dividend for FY22. Out of BDT 162.5 million in declared cash dividends, BDT 39.8 million remains unpaid to shareholders, raising serious concerns over investor protection.

https://today.thefinancialexpress.com.bd/stock-corporate/bsec-cracks-down-on-fortune-shoes-over-unpaid-dividends-fees-1778689804#google_vignette