RegulatoryBARKAPOWER

Brokers Asked to Suspend Margin Loans for BARKAPOWER 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 BARKAPOWER shares.
Company
Baraka Power Limited
Announcement published

Original announcement

(Continuation news of BARKAPOWER): 2. Baraka Power Limited has signed an agreement with Baraka Shikalbaha Power Limited to act as Engineering, Procurement and Construction (EPC) Contractor of Baraka Shikalbaha Power Limited. The total EPC Contract price is USD 28.00 million out of which Baraka Power Limited is expecting to earn a tentative net margin of 3.00% upon completion of the EPC contract. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acef05a6b00004005d26c
Original publication
Last verified by BullBD
Translation
BullBD
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