RegulatorySPCL
Brokers Asked to Suspend Margin Loans for SPCL Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of SPCL shares.
- Company
- Shahjibazar Power Co. Ltd.
- Announcement published
Original announcement
(Continuation news of SPCL): The stock exchanges shall not entertain the security of Shahjibazar Power Company Limited as "marginable securities" under clause (d) of sub-rule (12) of rule 3 of the Margin Rules, 1999 and the stock dealers/brokers shall not provide margin loan facilities to purchase the said security. This Directive shall be effective from the trading day of 21st July, 2015, and shall continue until further Directive. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf4d5a6b000040064082
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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