RegAlertRule · BSEC · 21 Oct 2009
Directive to DSE and CSE Regarding 28 Listed Securities Related to Margin Loans
The Securities and Exchange Commission directs the Dhaka Stock Exchange Ltd. and the Chittagag Stock Exchange Ltd. to cease treating 28 specified issuer companies' securities as marginable under the Margin Rules, 1999. Stock dealers and brokers are prohibited from providing loan facilities for these securities until further order. The directive lists specific entities, including Beach Hatchery Limited and Legacy Footwear Limited, among others, and takes immediate effect.
No.SEC/CMRRCD/2001-43/198 October 21, 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. that; - The stock exchanges shall not entertain the securities of the following issuer companies 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 loan facilities in favor of these securities until further order:
1. Beach Hatchery Limited
1. Legacy Footwear Limited
2. Ambee Pharmaceuticals Limited
3. Bangladesh Autocars Limited
4. Bangas Limited
5. Al-Haj Textiles Limited
6. Purabi General Insurance Limited
7. InTech Online Limited
8. Daffodil Computers Limited
9. Beximco Synthetics Limited
10. First BSRS Mutual Fund
11. Miracle Industries Limited
12. Sonar Bangla Insurance Limited
13. Monno Ceramic Industries Limited
14. Alltex Industries Limited
15. Desh Garments Limited
16. Gulf Foods Limited
17. Eastern Lubricants Blenders Limited
18. Aramit Cement Limited
19. Key and Que (Bangladesh) Limited
20. Modern Dyeing and Screen Printing Industries Limited
21. GQ Ball Pen Industries Limited
22. Bangladesh Shipping Corporation
23. Bangladesh Welding Electrodes Limited
24. Bangla process Industries Limited
25. Fine Foods Limited
26. Anlima Yarn Dyeing Limited
27. Marico Bangladesh Limited.
This shall have immediate effect.
By order of the Securities and Exchange Commission
Md. Ziaul Haque Khondker
Chairman.
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The links and the sentences they come from (2)
- Issued under
- Margin Rules, 1999Not in RegAlert
“under clause (d) of sub-rule (12) of rule 3 of the Margin Rules, 1999”
- Securities and Exchange Ordinance, 1969 (XVII of 1969)Not in RegAlert
“In exercise of the power conferred by section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969)”
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