Export-oriented footwear manufacturer Royal Footwear has
received approval to raise funds from the stock market through a Qualified
Investor Offer (QIO). The Bangladesh Securities and Exchange Commission (BSEC)
approved the company’s QIO to create long-term financing opportunities in the
SME sector. It is the first QIO approval by the new commission led by BSEC
Chairman Masud Khan after a gap of two years and two months.
The approval was granted at the 1,020th commission meeting
held on T...