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): of total equity. ii) The amount of Tk. 1,141,478,361.00 paid as loan to Mr. Motiur Raman is 36.53 percent of total equity. 7. We observed that the company has been dealing with the margin loan amounting to Tk. 1,520,014,328.00 without transferring the margin loan to subsidiary. The company did not comply with the policy directives of Bangladesh Securities and Exchange Commission (BSEC), margin loan accounts of the leasing companies (cont. 6)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005b23c
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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