RegulatoryNORTHERN

NORTHERN Regulatory Disclosure

Published
Last verified by BullBD

Announcement summary

What happened
NORTHERN published a regulatory disclosure on 28 December 2017. Read the full announcement for details.
Company
Northern Jute Manufacturing Co. Ltd.
Announcement published

Original announcement

(Continuation news of NORTHERN): the joint shareholding position of the Sponsors and Directors of the Company will only be 14.06%. This will be a noncompliance of the BSEC Directive No. SEC/CMRRCD/2009-193/119/Admin Dated November 22, 2011 regarding holding of minimum 30% shares by the Sponsors and Directors of any listed Company. The Board of Directors of the Company will take decision in the next Board of Directors meeting which will be held in the middle of next month. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acef05a6b00004005db4d
Original publication
Last verified by BullBD
Translation
BullBD
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