RegulatoryBDFINANCE

Brokers Asked to Suspend Margin Loans for BDFINANCE 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 BDFINANCE shares from 14 July 2016.
Company
Bangladesh Finance PLC.
Announcement published

Original announcement

DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Managers are requested not to provide loan facilities to purchase any security of Bangladesh Finance and Investment Company Limited in between 1st to 30th trading day after change of categorization, effective from July 14, 2016 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b0000400619fc
Original publication
Last verified by BullBD
Translation
BullBD
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