Rule · BSEC · 26 Oct 2009
The Securities and Exchange Commission directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. to cease treating securities of Aftab Automobiles Limited as marginable securities under the Margin Rules, 1999. Stock dealers and brokers are prohibited from providing loan facilities to clients for purchasing these securities until further order. This directive takes immediate effect.
No.SEC/CMRRCD/2001-43/206 October 26, 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 Aftab Automobiles Limited 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 to their clients to purchase the securities of this company 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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“In exercise of the power conferred by section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969)”
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