Dhaka, Dec. 12 -- The seven-year-low fund raised via rights shares this year has been blamed largely on the tightening of regulatory measures, but experts believe the decline happened to the advantage of investors with the fund abusers dissuaded.

The authority has also been cautious in giving approval to companies willing to issue rights shares. The depressed market is another factor that discouraged companies from expanding business in the suppressed economy.

In August this year, the stock market regulator cancelled an application by First Security Islami Bank to offer rights issues.

The bank considered issuing one rights share for existing two shares to raise Tk 4.98 billion for what it said was to strengthen its capital base to meet...