RegulatoryISNLTD

Brokers Asked to Suspend Margin Loans for ISNLTD 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 ISNLTD shares from 13 January 2020.
Company
Information Services Network Ltd.
Announcement published

Original announcement

DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Information Services Network Ltd. in between 1st to 30th trading day after change of categorization, with effect from January 13, 2020 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
616aceb25a6b000040057c1e
Original publication
Last verified by BullBD
Translation
BullBD
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