BSEC to visit  Ring Shine factory

An investigation committee formed by the Bangladesh Securities and Exchange Commission (BSEC) has decided to inspect the Ring Shine Textiles factory.

A date has been fixed for the inspection of the factory of the company, which is listed in the textile sector on February 8. During the inspection of the factory, the overall financial condition of the company will be verified along with the reasons for stopping production, BSEC sources said.

On February 4, the BSEC informed the managing director of Ring Shine and the executive chairman of the Bangladesh Export Processing Zone Authority (BEPZA) about the factory visit in a letter.

Ripon Kumar Debnath, director of BSEC and head of the inquiry committee, Mohammad Fakhrul Islam Majumder, deputy director and member of the inquiry committee, and Md. Iqbal Hossain.

Sunbd/NJ