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
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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