RegulatoryATCSLGF
Brokers Asked to Suspend Margin Loans for ATCSLGF Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of ATCSLGF shares.
- Company
- Asian Tiger Sandhani Life Growth Fund
- Announcement published
Original announcement
The Fund has requested the concerned Merchant Banks and Depository Participants (DPs) to provide a statement with the details of their margin loan holders who hold units of the fund as on the Record Date by 06.09.2016 and also email to info@at-capital.com. Unit holders are requested to update their respective BO accounts with 12 digits e-TIN through their DP before the record date. Individual unit holder failing to do so will be subject to deduction of Advance Income Tax (AIT) at 15% instead of 10%.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf2d5a6b000040061530
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from ATCSLGF
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.