Directive on Delisting and OTC Trading of Z-category Securities

The Securities and Exchange Commission directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. to delist securities of issuer companies under Z-category from their respective exchanges if trading is suspended or halted. Following delisting, these entities must provide facilities for transacting the said securities on the Over-the-Counter market under the Securities and Exchange Commission (Over-the-Counter) Rules, 2001, until further order. This directive has immediate effect.

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No.SEC/CMRRCD/2001-16/168 October 01, 2009 DIRECTIVE In exercise of the power conferred by section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969), the Securities and Exchange Commission hereby directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd.; -

To delist the securities of the issuer companies under Z-category from the
respective Exchange, trading of which is under suspension or has been halted;
To provide facilities for transaction of the said securities on the Over-the-Counter
(OTC) under the Securities and Exchange Commission (Over-the-Counter) Rules, 2001, subsequent to delisting until further order. This shall have immediate effect. By order of the Securities and Exchange Commission

Md. Ziaul Haque Khondker
Chairman.

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Lineage: In force

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Directive on Delisting and OTC Trading of Z-category Securities

Lineage: In force

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