RegulatoryPADMALIFE
Brokers Asked to Suspend Margin Loans for PADMALIFE Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of PADMALIFE shares from 15 July 2021.
- Company
- Padma Islami Life Insurance 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 Padma Islami Life Insurance Limited in between 1st to 30th trading day after change of categorization, with effect from July 15, 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
- 616ace4e5a6b000040052fb7
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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