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): margin loan accounts of the leasing companies were to be transferred to its subsidiary and the subsidiary to be so formed is to deal with the margin loan and share business. We observed that the company has been dealing with the margin loan amounting to Tk. 1,164,334,423.00 without transferring the margin loan to subsidiary. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004005efc3
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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