RegulatorySEMLLECMF
Brokers Asked to Suspend Margin Loans for SEMLLECMF Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of SEMLLECMF shares.
- Company
- SEML Lecture Equity Management 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
- 616ace4e5a6b000040052a18
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from SEMLLECMF
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.