RegulatoryBARKAPOWER
Brokers Asked to Suspend Margin Loans for BARKAPOWER Shares
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
The Company has informed that their board of directors has decided to enter into the following agreements: 1. Baraka Power Limited has signed an agreement with Karnaphuli Power Limited to act as Engineering, Procurement and Construction (EPC) contractor of Karnaphuli Power Limited. The total EPC Contract price is USD 33.50 million out of which Baraka Power Limited is expecting to earn a tentative net margin of 3.00% upon completion of the EPC contract. (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acef05a6b00004005d26d
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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