RegulatoryPLFSL

Brokers Asked to Suspend Margin Loans for PLFSL 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 PLFSL shares.
Company
Peoples Leasing and Fin. Services Ltd.
Announcement published

Original announcement

(Continuation news of PLFSL): at green road at a cost of Tk. 1,236,640,000.00. The same amount was adjusted earlier against Directors' Loan in 2015 but in the absence of regulatory approval the Land has not been registered in the name of People's Leasing and Financial Services Limited. Provision is necessary in this account. iv) To comply with the policy directives of Bangladesh Securities and Exchange Commission (BSEC), (cont.4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004005efc4
Original publication
Last verified by BullBD
Translation
BullBD
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