RegulatoryBEXIMCO
Brokers Asked to Suspend Margin Loans for BEXIMCO Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of BEXIMCO shares.
- Company
- Bangladesh Export Import Company Ltd.
- Announcement published
Original announcement
(Cont. of BEXIMCO): Half-yearly Periodic Distribution amount: Sukuk holders shall be entitled to receive Periodic Distribution Amount on a half yearly basis as per the following calculation: Basis rate plus Margin Base Rate: 9% p.a. Margin: 10% of the difference between Base Rate and annual dividend rate declared in the AGM of the preceding year of Beximco Ltd. If dividend rate is equal to or below the Base Rate, the Periodic Distribution Amount will be paid as par the Base Rate only. (Cont. 5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b000040054263
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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