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.
Company
Pragati Life Insurance PLC.
Announcement published

Original announcement

DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Managers are requested not to provide loan facilities to purchase any security of Pragati Life Insurance Ltd. in between 1st to 30th trading day after change of categorization, starting from today; October 28, 2015 as per BSEC Directive No. SEC/CMRRCD/2009 - 193/177 and BSEC Order No. SEC/CMRRCD/2009 - 193/178 dated October 27, 2015.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf4d5a6b00004006355c
Original publication
Last verified by BullBD
Translation
BullBD
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