RegulatorySIMTEX

Brokers Asked to Suspend Margin Loans for SIMTEX 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 SIMTEX shares.
Company
Simtex Industries PLC.
Announcement published

Original announcement

DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Manager are requested not to provide loan facilities to purchase Simtex Industries Limited in between 1st to 30th trading day after listing of the said security starting from today; November 23, 2015 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
616acf2d5a6b0000400630d1
Original publication
Last verified by BullBD
Translation
BullBD
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