Market analysts have questioned the rate at which Best Holdings raised its asset value. “But the way Best Holdings raised the value of its assets through revaluation is nothing short of abnormal,” he said. The former DSE director, who requested anonymity, also said an eligible firm should be appointed to revaluate Best Holdings’ assets. Best Holdings’ Chairman Amin Ahmad wanted to contest in elections with the BNP’s ticketLaunched as a sister concern of Metro Group in 2006, Best Holdings’ business interests range from construction, real estate, agriculture-based industry, hospitality and advertisement. Government firm ICB Capital Management, the other company named as the issue manager of Best Holdings, says it knows nothing about the direct listing attempts of Best Holdings.

Source: bd News24 December 24, 2020 18:45 UTC