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Saturday, 24 September, 2022
শনিবার, ২৪ সেপ্টেম্বর, ২০২২
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Bank Details

A/C: Capital Market Stabilization Fund

Account No. 0010311521301

Bank: Community Bank Bangladesh Limited,
CORPORATE BRANCH [001]

Branch Address: Police Plaza Concord (Level-5,
Tower-2), Plot-2, Road – 144, Dhaka-1212

Routing Number: 310261726

Our Story

Capital Market Stabilization Fund (CMSF) acts as a custodian of undistributed cash and stock dividends, non-refunded public subscription money and un-allotted rights shares from the issuer of listed securities. Cash and stocks in the fund will be returned back on a due claim by the shareholders’/ securities holders’/ investors’ claims at any time in the indefinite perpetuity. CMSF will be utilized to stabilize the capital market of Bangladesh ensuring liquidity to the market by buying and selling of listed securities, making investments in other securities, providing loans to market intermediaries, lending and borrowing listed securities, and settlement of Investors' claims. In the case of settlement, cash and stocks in the fund will be returned back to the owners on due claim. If any shareholder/ securities holder/ investor claims his/her cash dividend after transfer of such dividend to the bank account of the CMSF, within 15 (Fifteen) days of receiving such claim, the issuer shall, after proper verification of the claim, recommend with detailed information as mentioned in the proviso of rule 9 (1) of the Bangladesh Securities and Exchange Commission (Capital Market Stabilization Fund) Rules, 2021 (CMSF Rule 2021) to the Chief of Operation (COO) to pay off such dividend. Similarly, if any shareholder claims his/her stock dividend after transfer of the dividend to the BO account of the CMSF, within 15 (Fifteen) days of receiving such claim, the issuer shall, after proper verification of the claim, recommend with detailed information as mentioned in the proviso of rule 9 (2) of the BSEC (CMSF) Rule 2021 to the COO to transfer the stock dividend from the BO account of CMSF. Provided that the COO shall, after due scrutiny with the recommended information and approval of the Board or the Operation Management Committee (OMC) for settlement of investors' claims as the case may be, pay off or transfer the cash and/or stock dividend to the claimant’s bank account through Electronic Fund Transfer (EFT) and/or BO account within 15 (fifteen) working days of receiving of such recommendation with intimation to the concerned issuer.




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