RegulatoryPADMAOIL

Brokers Asked to Suspend Margin Loans for PADMAOIL 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 PADMAOIL shares.
Company
Padma Oil PLC.
Announcement published

Original announcement

The Company has informed that the Government has re-fixed the Company's margin on the petroleum products with effect from today (i.e., 25.04.2016) as follows: Product Name: Diesel (HSD) from Existing Margin Tk. 0.25 per Ltr. to New Margin Tk. 0.50 per Ltr., Kerosene (SKO) from Existing Margin Tk. 0.25 per Ltr. to New Margin Tk. 0.50 per Ltr., Octane (HOBC) from Existing Margin Tk. 0.30 per Ltr. to New Margin Tk. 0.60 per Ltr., (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b000040062251
Original publication
Last verified by BullBD
Translation
BullBD
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