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
Basis for Qualified Opinion: The auditor of the company has given the following "Basis of Qualification" and Matter of "Emphasis" Paragraphs in the audit report of the Company for the year ended on 31 December 2017: Basis for Qualification: 1. The entity has shortfall of provision of Tk. 1,510,199,816.00 against classified loans and advance Tk. 1,504,814.00 for margin loan which was shown in Loan Classification Statement as unclassified. 2. The company has deferred its interest (cont. 1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005b241
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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