• Wednesday, Sep 23, 2020
  • Last Update : 12:45 pm

Experts for boosting SME investments through private equity, venture capital

  • Published at 05:42 pm July 28th, 2020
Experts for boosting SME investments through private equity, venture capital
Experts attend a webinar on the advantages of the alternative trading board, organized by Bangladesh Academy for Securities Market (BASM) and Dhaka Stock Exchange (DSE) Training Academy Courtesy

'ATB will create opportunities for institutions to make investments in unlisted companies and other alternative investment vehicles like private equity and venture capital funds'

Experts at a webinar said the newly introduced alternative trading board can be utilized to boost investment for small and medium entrepreneurs (SMEs) through private equity and venture capital.

Bangladesh Academy for Securities Market (BASM), a research and training institute of Bangladesh Security Exchange Commission (BSEC) and Dhaka Stock Exchange (DSE) Training Academy  jointly organized the webinar, titled “Function and Prospect of Alternative Trading Board (ATB)”, said a press release.

Representatives from the securities regulator, Dhaka Stock Exchange and Chittagong Stock Exchange, Central Depository Bangladesh Limited (CDBL), Venture Capital and Private Equity Association (VCPEAB) and Brokers Association of Bangladesh (DBA), joined the online training program.

BSEC Director Mohammad Rezaul Karim and Muhammad Rony Islam, senior manager and head, DSE Training Academy, moderated the event.

M Shaifur Rahman Mazumdar, chief operating officer of DSE presented the keynote presentation, focusing on the prospect of ATB. 

“After the operation of the ATB starts, new investors will join the market because ATB will create listing of non-listed companies, any kind of bonds, debenture, sukuk, open-end mutual funds and alternative investment funds possible,” he added.

Discussants welcomed the alternative trading board as an important addition to the securities market and urged to develop the market to accommodate different investment vehicles for both the investors and investees. 

They also discussed about creating regulatory policies to facilitate trades for the ATB listed companies, bonds, open-end mutual funds, private equity and venture capital funds.

Md Mahbubul Alam, executive director, BSEC and DG, BASM, emphasized marketing the ATB to create public awareness to attract investments.

“ATB will create opportunities for institutions to make investments in unlisted companies and other alternative investment vehicles like private equity and venture capital funds. The relevant stakeholders must leverage this opportunity,” he added.

Shameem Ahsan, president of VCPEAB and general partner at Pegasus Tech Ventures, said: “We need to make clear policies and guidelines to better leverage the benefits of these new investment opportunities created through ATB. We think this initiative will mark the start of a journey to include more people in investment environment.”

Shameem underscored the importance of nurturing startup companies, SMEs and utilizing alternative investment funds like PE and VC funds to create many companies that can join the stock exchange in future and contribute to a significant portion of the GDP.

Mohammad Rezaul Karim, director at BSEC, stated that it is high time a board like ATB is created to develop the capital market.

“Compliance must be ensured in the ATB to create confidence among the investors,” he added.

President of DSE Brokers Association of Bangladesh (DBA) Sharif Anwar Hossain remarked that the securities market has much room for growth and ATB will facilitate fund allocation. 

“ATB will help boost the securities market and increase allocation of funds to many local companies,” he remarked.

“Many small companies cannot raise funds due to lack of scale. ATB will alleviate this issue and create opportunities for many unlisted companies,” said Shuvra Kanti Choudhury, managing director and CEO of CDBL.

50
50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail