Dhaka, Feb. 6 -- Khulna Printing & Packaging Ltd (KPPL) has remained closed for nearly three years-its factory and head office are both non-operational. Yet, its shares are being traded vigorously in the stock market, raising suspicions among investors and relevant authorities.
According to Dhaka Stock Exchange (DSE) records, despite no production activity in the past year, KPPL's share price soared from Tk 7 to a peak of Tk 59.
Currently, each share is being traded above Tk 30.
A review of DSE's website reveals that the company has no official website.
The web address listed under Lockpur Group is non-functional, and all the contact numbers provided are inactive.
Stock markets open higher in Dhaka, Chattogram
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