RegulatorySTANCERAM

Brokers Asked to Suspend Margin Loans for STANCERAM 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 STANCERAM shares.
Company
Standard Ceramic Industries Ltd.
Announcement published

Original announcement

(Continuation news of STANCERAM): doing anything so that the post dividend retained earnings become negative or a debit balance. Emphasis of Matter: Effect of COVID-19 pandemic and Factory Lay Off: We draw attention to Note no. 36, 42 and 43 which describe the reason for adverse effect on Earning Per Share (EPS), Net Operating Cash Flow Per Share (NOCFPS) and Gross Profit Margin. Our opinion is not modified in respect of this matter. Note 36.00- (cont.4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b0000400552eb
Original publication
Last verified by BullBD
Translation
BullBD
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