RegulatoryTITASGAS
Brokers Asked to Suspend Margin Loans for TITASGAS Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of TITASGAS shares.
- Company
- Titas Gas Transmission and Distribution PLC.
- Announcement published
Original announcement
In response to DSE query on the matter of news published in the daily newspaper on April 04, 2016 regarding raising of distribution charge on Titas Gas by Bangladesh Energy Regulatory Commission (BERC), the Company has informed the following: "We made an appeal according to the 'Natural Gas Distribution Tariff Regulations 2010, 11(3)' to BERC on November 18, 2015 for reviewing the distribution margin realistic and acceptable, but we didnt get any decision from BERC regarding the appeal till date."
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf2d5a6b0000400624f4
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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