Regulatory1STPRIMFMF

Brokers Asked to Suspend Margin Loans for 1STPRIMFMF Shares

Published
Last verified by BullBD

Announcement summary

What happened
Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of 1STPRIMFMF shares.
Company
Prime Finance First Mutual Fund
Announcement published

Original announcement

(Continuation news of 1STPRIMFMF): It is to be noted that in order to reduce the deficiency of reserve provision against loss on investment and to strengthen the future financial base of mutual fund, a significant portion of current marginal income was created as reserve provision, so EPU was decreased than the previous financial year. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040054739
Original publication
Last verified by BullBD
Translation
BullBD
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