Corporate DisclosureMERCANBANK

MERCANBANK Corporate Disclosure — 24 August 2020

Published
Last verified by BullBD

Announcement summary

What happened
MERCANBANK published a corporate disclosure on 24 August 2020. Read the full announcement for details.
Company
Mercantile Bank PLC.
Announcement published

Original announcement

Dhaka Stock Exchange Limited (DSE) has accorded its consent as per Court Order to transfer 40,55,283 shares of Mercantile Bank Ltd. from Md. Shahabuddin Alam, one of the Sponsors of Mercantile Bank Ltd. (the transferor/pledgor) to Southeast Bank Ltd. (the transferee/pledgee) outside the trading system of the exchange within 30 working days from the date of issuance of approval letter by DSE, under Regulation-47 of the Dhaka Stock Exchange (Listing) Regulations, 2015.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b00004005656a
Original publication
Last verified by BullBD
Translation
BullBD
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