RegulatoryOAL

Brokers Asked to Suspend Margin Loans for OAL 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 OAL shares.
Company
Olympic Accessories Limited
Announcement published

Original announcement

The Company has requested the shareholders to update their 12 digit e-TIN, Bank Accounts, Address, Mobile No. in the BO Account through their respective DPs before the record date i.e. November 19, 2015. If anyone fails to update their e-TIN before the record date, disbursement of respective dividend will be subject to deduction of AIT @ 15% instead of 10% as per Sec 54 of amended Income Tax Ordinance, 1984 . The Company also requests the stock brokers to provide their margin loan BO A/C information.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b000040063198
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.