RegulatoryINTECH

Brokers Asked to Suspend Margin Loans for INTECH 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 INTECH shares.
Company
Intech Limited
Announcement published

Original announcement

(continuation news of INTECH): spend. AWS Professional and Managed Services: Turnover 30% of AWS Spend Tk. 10.00 crore: Tk. 3.00 crore and Intech's Share of Margin (30% of Tk. 3.00 crore): Tk. 90.00 lac. (b) Ranial Systems Inc. USA: Expected Annual Turnover (1st year): Tk. 10.00 crore, Expected Net profit on Turnover @ 20%: Tk. 2.00 crore and Intech's Share of Net Profit (50%): Tk. 1.00 crore. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005bd16
Original publication
Last verified by BullBD
Translation
BullBD
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