RegulatorySEMLIBBLSF

Brokers Asked to Suspend Margin Loans for SEMLIBBLSF 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 SEMLIBBLSF shares.
Company
SEML IBBL Shariah Fund
Announcement published

Original announcement

The Fund has 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 and also email to info@strategic-bd.com within 9.9.21. 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 (AIT) at 15% instead of 10%.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040052a19
Original publication
Last verified by BullBD
Translation
BullBD
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