RegulatoryFAREASTLIF

Brokers Asked to Suspend Margin Loans for FAREASTLIF 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 FAREASTLIF shares from 4 March 2024.
Company
Fareast Islami Life Insurance Co. Ltd.
Announcement published

Original announcement

The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Fareast Islami Life Insurance Co. Ltd. with effect from March 04, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.

Bangla translation

A Bangla translation is under review because critical figures or dates did not match the English disclosure.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
65e43b98edb49c4b7553ebfb
Original publication
Last verified by BullBD
Translation
BullBD
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