RegulatorySEMLFBSLGF

Brokers Asked to Suspend Margin Loans for SEMLFBSLGF 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 SEMLFBSLGF shares.
Company
SEML FBLSL Growth Fund
Announcement published

Original announcement

The Fund has further requested the concerned Merchant Banks and Depository Participants (DPs) to provide a statement with the details of their margin loan holders who hold units of the fund as on the Record Date by 03.09.2020 and also email to info@strategic-bd.com. Unit holders are requested to update their respective BO Accounts with 12 digits e-Tin through their DPs before the record date. Individual unit holder failing to do so will be subject to deduction of Advance Income Tax at 15% instead of 10%.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b00004005645c
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

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.