RegulatoryPROGRESLIF

Brokers Asked to Suspend Margin Loans for PROGRESLIF 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 PROGRESLIF shares.
Company
Progressive Life Insurance Co. Ltd.
Announcement published

Original announcement

The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase securities of Progressive Life Insurance Co. Ltd. with effect from today i. e., July 13, 2023 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32, dated December 26, 2021.

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

স্টক ব্রোকার এবং মার্চেন্ট ব্যাংকারদের আজ থেকে প্রগ্রেসিভ লাইফ ইন্স্যুরেন্স কোং লিমিটেডের সিকিউরিটিজ কেনার জন্য ঋণ সুবিধা প্রদান থেকে বিরত থাকার জন্য অনুরোধ করা হচ্ছে i. e., 13 জুলাই, 2023 BSEC নির্দেশিকা নং. BSEC/CMRRCD/2009-193/32 অনুযায়ী, 26 ডিসেম্বর, 2021 তারিখে৷

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
64af6ce8a7ae9d76459f9dc7
Original publication
Last verified by BullBD
Translation
BullBD
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