RegulatoryNEWLINE
Brokers Asked to Suspend Margin Loans for NEWLINE Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of NEWLINE shares from 9 February 2020.
- Company
- New Line Clothings Limited
- Announcement published
Original announcement
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of New Line Clothings Limited in between 1st to 30th trading day after change of categorization, with effect from February 09, 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
- 616aceb25a6b0000400577ae
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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