, April 23 -- The Bangladesh Securities and Exchange Commission (BSEC) on Thursday reaffirmed that safeguarding investor interests will remain its foremost mandate as it works to energise the capital market through increased Initial Public Offerings (IPOs).

Speaking at a discussion meeting titled "IPO Proceeds Utilization for Loan Repayment or Investments of Issuer" at the BSEC multipurpose hall in Agargaon, Commission Chairman Khondoker Rashed Maqsood said the regulator is committed to building a vibrant and sustainable capital market but not at the cost of investor protection.

"The commission is working towards long-term and sustainable development of the capital market. Our efforts to encourage new company listings are ongoing," he s...