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): as per FID circular no. 06, dated 20 August 2006. In our audit period, we found a provision shortfall of Tk. 1,152,691,079.00 against margin loan, which is shown as Un-Classified in Classification of Loan Statement but as per our calculation status of those loans are considered to be Bad Loss. ii) The company disclosed previous year's loss in note 09 under other assets and (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004005efc6
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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