Corporate DisclosureBDAUTOCA

BDAUTOCA Corporate Disclosure — 20 November 2019

Published
Last verified by BullBD

Announcement summary

What happened
BDAUTOCA published a corporate disclosure on 20 November 2019. Read the full announcement for details.
Company
Bangladesh Autocars Ltd.
Announcement published

Original announcement

(Continuation news of BDAUTOCA): the recommendation declaration of stock dividend is not in line of these regulations of the Bangladesh Securities & Exchange Commission (BSEC). Upon inquiry it was identified that the Board of Directors were not aware of the regulations and the recommendation of stock dividend and not in line with the regulation was unintentional. The decision made by the Board in this regard is to be rescind by the (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040058276
Original publication
Last verified by BullBD
Translation
BullBD
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