RegulatoryPLFSL
Brokers Asked to Suspend Margin Loans for PLFSL Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of PLFSL shares.
- Company
- Peoples Leasing and Fin. Services Ltd.
- Announcement published
Original announcement
(Continuation news of PLFSL): were to be transferred to its subsidiary and the subsidiary to be so formed is to deal with the margin loan and share business. Matter of Emphasis: Without qualifying our opinion, we draw attention to the fact disclosed in note 14.1: Note 14.1: The company is subject to the regulatory capital requirement as stipulated in DFIM circular no. 05 dated 24 July 2011 of Bangladesh Bank. The capital requirement for non-banking financial institution is neither (cont. 7)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005b23b
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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