RegulatoryIFADAUTOS
Brokers Asked to Suspend Margin Loans for IFADAUTOS Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of IFADAUTOS shares.
- Company
- IFAD Autos PLC.
- Announcement published
Original announcement
DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Manager are requested not to provide loan facilities to purchase any security of IFAD Autos Limited in between 1st to 30th trading day after change of categorization, starting from January 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
- 616acf2d5a6b000040062cd0
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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