Who will WIN the Strategic deal In Bangladesh??
In this video, we will discuss how India and China are competing to become strategic partner of Dhaka Stock Exchange.
Reference -
Transcript -
Hello Friends, welcome to Real Quick Info channel. Lets discuss about today's topic.
You may know, Dhaka Stock Exchange is one of the two stock exchanges of Bangladesh.
In the year 2013, This stock exchange decided to invite strategic partner to get modern technological facilities, to manage services and to develop more business.
In Simple words, As result of this demutualization scheme, Management of stock exchange will be handled by strategic partner.
Therefore, out of all shares owned by Dhaka Stock Exchange, 25 percent shares are to be sold to strategic partner, 35 percent to small investors and rest 40 percent will remain with Trading Right Entitlement Certificate holders.
As per the timelines of scheme, last year Dhaka Stock Exchange invited tenders to select strategic partner.
In response, Chinese consortium led by Shanghai Stock Exchange has proposed to purchase each share for 22 Taka.
In partnership with American Nasdaq, Indian National Stock exchange offered 15 Taka for each share.
Since, Chinese side offered better price, Dhaka Stock Exchange approved the Chinese proposals on last Saturday.
But friends, story is not that simple.
Surprisingly the share market regulator Bangladesh Securities and Exchange Commission declined to provide go ahead, and asked Dhaka Stock Exchange to once again scrutinize both proposals.
Though Chinese have quoted better price yet such strategic decision should not be taken solely on the basis of monetary value.
Given Indian side is more experienced in stock exchange development, we have proactively engaged with Bangladesh authorities to make them understand the value of holistic evaluation of both the proposals before arriving at conclusion.
Finding value in the convincing argument, Bangladesh authorities decided to holistically scrutinize both proposals once again. You know, China is not going to like this.
Friends, As you can see, Confrontation in between India and china is no longer limited to border areas .
Moreover, we got to be always ready to face china in both economic and military front.
China is rapidly growing its influence in Indian neighbors. Though China has quoted higher prices right now to win the deal, who knows, what is their real game plan.
As far as we can say now, After becoming strategic partner of Dhaka Stock Exchange, Chinese clout in the economy of Bangladesh would certainly have increased.
We all have seen in Sri Lanka and Maldives, Considering next 100 years, China thinks very strategically, and come out with best in present, but worst in future offer.
Therefore we should not assume that China will let go this deal, they will also lobby to get their proposal accepted by Bangladesh authorities. Yes, they will do everything possible to win this major strategic deal.
Anyways, Our point is rather simple, Bangladesh must select strategic partner strategically.
Let’s keep our fingers crossed. Hopefully, Dhaka Stoke Exchange will select Indian side as strategic partner.
This is going to be interesting competition. Let’s see who wins in this game.
As per your views, do you think, Indian side has got any chance to win this deal now?
Please let us know your views in comment section below.
Please find the reference links of this video in the description box below. Thank you friends.
Tag
India,
DSE,
Dhaka Stock Exchange,
India in competition with China in Dhaka,
India in competition with China in Bangladesh,
India China competition in Dhaka,
India China competition in Bangladesh,
India China competition for DSK,
Strategic partner of Dhaka Stock Exchange,
Who will become Strategic partner of Dhaka Stock Exchange,
Dhaka Stock Exchange Strategic partner,
Indian offer for Dhaka Stock Exchange DSE Strategic partner,
Chinese offer for Dhaka Stock Exchange DSE Strategic partner,
You may know, Dhaka Stock Exchange is one of the two stock exchanges of Bangladesh.
In the year 2013, This stock exchange decided to invite strategic partner to get modern technological facilities, to manage services and to develop more business.
In Simple words, As result of this demutualization scheme, Management of stock exchange will be handled by strategic partner.
Therefore, out of all shares owned by Dhaka Stock Exchange, 25 percent shares are to be sold to strategic partner, 35 percent to small investors and rest 40 percent will remain with Trading Right Entitlement Certificate holders.
As per the timelines of scheme, last year Dhaka Stock Exchange invited tenders to select strategic partner.
In response, Chinese consortium led by Shanghai Stock Exchange has proposed to purchase each share for 22 Taka.
In partnership with American Nasdaq, Indian National Stock exchange offered 15 Taka for each share.
Since, Chinese side offered better price, Dhaka Stock Exchange approved the Chinese proposals on last Saturday.
But friends, story is not that simple.
Surprisingly the share market regulator Bangladesh Securities and Exchange Commission declined to provide go ahead, and asked Dhaka Stock Exchange to once again scrutinize both proposals.
Though Chinese have quoted better price yet such strategic decision should not be taken solely on the basis of monetary value.
Given Indian side is more experienced in stock exchange development, we have proactively engaged with Bangladesh authorities to make them understand the value of holistic evaluation of both the proposals before arriving at conclusion.
Finding value in the convincing argument, Bangladesh authorities decided to holistically scrutinize both proposals once again. You know, China is not going to like this.
Friends, As you can see, Confrontation in between India and china is no longer limited to border areas .
Moreover, we got to be always ready to face china in both economic and military front.
China is rapidly growing its influence in Indian neighbors. Though China has quoted higher prices right now to win the deal, who knows, what is their real game plan.
As far as we can say now, After becoming strategic partner of Dhaka Stock Exchange, Chinese clout in the economy of Bangladesh would certainly have increased.
We all have seen in Sri Lanka and Maldives, Considering next 100 years, China thinks very strategically, and come out with best in present, but worst in future offer.
Therefore we should not assume that China will let go this deal, they will also lobby to get their proposal accepted by Bangladesh authorities. Yes, they will do everything possible to win this major strategic deal.
Anyways, Our point is rather simple, Bangladesh must select strategic partner strategically.
Let’s keep our fingers crossed. Hopefully, Dhaka Stoke Exchange will select Indian side as strategic partner.
This is going to be interesting competition. Let’s see who wins in this game.
As per your views, do you think, Indian side has got any chance to win this deal now?
Please let us know your views in comment section below.
Please find the reference links of this video in the description box below. Thank you friends.
Tag
India,
DSE,
Dhaka Stock Exchange,
India in competition with China in Dhaka,
India in competition with China in Bangladesh,
India China competition in Dhaka,
India China competition in Bangladesh,
India China competition for DSK,
Strategic partner of Dhaka Stock Exchange,
Who will become Strategic partner of Dhaka Stock Exchange,
Dhaka Stock Exchange Strategic partner,
Indian offer for Dhaka Stock Exchange DSE Strategic partner,
Chinese offer for Dhaka Stock Exchange DSE Strategic partner,
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