RegulatoryPRAGATILIF

Brokers Asked to Suspend Margin Loans for PRAGATILIF 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 PRAGATILIF shares from 1 August 2016.
Company
Pragati Life Insurance PLC.
Announcement published

Original announcement

DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase any security of Pragati Life Insurance Ltd. effective from August 01, 2016 as per BSEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b000040061811
Original publication
Last verified by BullBD
Translation
BullBD
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