RegulatoryACI
Brokers Asked to Suspend Margin Loans for ACI Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of ACI shares.
- Company
- Advanced Chemical Industries PLC
- Announcement published
Original announcement
(Cont. of ACI Q1): The company has stated that the consolidated Net Operating Cash Flows (NOCF) for the 1st Quarter was negative BDT 1,731 million with a negative margin of 9.5% compared to negative 2.6% of SQLY mainly due to high consumption of working capital for inventory build-up to cater the further demand. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b0000400555f8
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from ACI
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.