From now on Bangladesh Bank will allow foreign shareholders to repatriate fair value of shares in unlisted public companies and private limited companies as on the date of sale based on appropriate combination of three valuation approaches (net asset value approach, market value approach and discounted cash flow approach) depending on the nature of the company.
On August 31, 2014, through FE Circular No. 32 Bangladesh notified this decision.
Previously, it was net asset value of the shares as on the date of sales, based on latest audited financial statements.
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