RegulatoryUNIONCAP

Brokers Asked to Suspend Margin Loans for UNIONCAP 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 UNIONCAP shares from 2 July 2018.
Company
Union Capital Limited
Announcement published

Original announcement

DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Union Capital Ltd. in between 1st to 30th trading day after change of categorization, with effect from July 02, 2018 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
616acef05a6b00004005c734
Original publication
Last verified by BullBD
Translation
BullBD
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