RegulatoryMERCINS
Brokers Asked to Suspend Margin Loans for MERCINS Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of MERCINS shares from 8 September 2021.
- Company
- Mercantile Islami Insurance PLC
- Announcement published
Original announcement
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Mercantile Insurance Co. Ltd. in between 1st to 30th trading day after change of categorization, with effect from September 08, 2021 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
- 616ace4e5a6b0000400528e2
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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