RegulatoryJANATAINS

Brokers Asked to Suspend Margin Loans for JANATAINS 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 JANATAINS shares from 31 July 2016.
Company
Janata Insurance PLC
Announcement published

Original announcement

DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Manager are requested to abstain from providing loan facilities to purchase any security of Janata Insurance Co. Ltd. in between 1st to 30th trading day after change of categorization, effective from July 31, 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
616acf2d5a6b000040061845
Original publication
Last verified by BullBD
Translation
BullBD
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