RegulatorySAFKOSPINN
Brokers Asked to Suspend Margin Loans for SAFKOSPINN Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of SAFKOSPINN shares from 28 November 2016.
- Company
- Safko Spinnings Mills Ltd.
- Announcement published
Original announcement
DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Managers are requested to abstain from providing loan facilities to purchase security of Safko Spinning Mills Limited in between 1st to 30th trading day after change of categorization, with effect from November 28, 2016 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
- 616acf0d5a6b00004006094d
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from SAFKOSPINN
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.