RegulatoryIPDC
Brokers Asked to Suspend Margin Loans for IPDC Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of IPDC shares.
- Company
- IPDC Finance PLC.
- Announcement published
Original announcement
(Continuation news of IPDC): The Company has also requested the brokerage houses to provide a statement with the details (shareholders name, BO ID number, client-wise shareholding position, gross dividend receivable, applicable tax rate and net dividend receivable) of their margin loan holders, as on the record date, to the Company's share office on or before March 25, 2020. The brokerage houses are also requested to provide their bank account name and number, routing number etc. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b00004005756d
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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