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

Auditor of the company has given the following qualified opinion in the audit report of the company for the year ended on 31 December 2015: Basis for qualified opinion: 01.In our audit period, we found a provision shortfall of Tk. 881,433,320 against loan and advance Tk. 3,612,881,600 in margin loan account, Tk 345,594,108 in share A/C and Tk 195,978,600 in investment in placement of shares. (cont. 1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b000040060791
Original publication
Last verified by BullBD
Translation
BullBD
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