Top executives from Walton High-Tech Industries PLC held a meeting with senior representatives of the Bangladesh Securities and Exchange Commission (BSEC) on Thursday, November 7, at the BSEC headquarters in Agargaon, Dhaka. The meeting was chaired by BSEC Chairman Khandaker Rashid Maksud and attended by BSEC Commissioner Md. Mohsin Chowdhury and Executive Director Mohammad Rezaul Karim.
Representing Walton, Chairman S.M. Shamsul Alam, Managing Director S.M. Mahbubul Alam, AMD & CFO Md. Ziaul Alam, Senior Executive Director & Company Secretary Md. Rafiqul Islam, and Walton Digi-Tech Industries Chairman S.M. Rezaul Alam were present.
According to a press release signed by BSEC spokesperson Mohammad Rezaul Karim, discussions focused on listing Walton’s high-value and profitable companies on the stock market to enable long-term financing, facilitate IPO approvals, and streamline the listing process. Topics included increasing Walton’s free-float shares, shifting from bank loans to market-based financing, and exploring sustainable financing options like green bonds. Walton’s Asset Management Company was also discussed, with a focus on utilizing mutual funds to drive new investments into the capital market.
Chairman Khandaker Rashid Maksud emphasized that stock market listing provides a way for large private companies to reach new growth levels while benefiting the public. He also noted that market listing is crucial for ensuring corporate governance.
Referencing BSEC’s task force for capital market reform, the Chairman reiterated BSEC’s commitment to implementing reforms based on short, medium, and long-term plans, aiming for more high-value companies to list on the stock exchange soon.