RegulatoryPROGRESLIF
Brokers Asked to Suspend Margin Loans for PROGRESLIF Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of PROGRESLIF shares.
- Company
- Progressive Life Insurance Co. Ltd.
- Announcement published
Original announcement
DSE NEWS: The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase securities of Progressive Life Insurance Company Ltd. starting from January 01, 2015 as per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf4d5a6b000040065466
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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