RegulatoryFASFIN
Brokers Asked to Suspend Margin Loans for FASFIN Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of FASFIN shares.
- Company
- FAS Finance & Investment Limited
- Announcement published
Original announcement
(Continuation news of FASFIN): as provision for margin loan. The short fall of required margin loan provision is Tk. 147.53 (one forth seven point fifty three). If the whole impairment is adjusted in financial statements then Net Asset Value (NAV) would be Tk. 127.54 (one hundred seven point five four) Crore and NAV per share would be Tk. (51.02) (Taka negative fifty one point zero two) Instead of disclosed NAV per share of Tk. 8 (Taka eight). (cont.10)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040054ec0
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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