Rule · BSEC · 18 Feb 2010
The Securities and Exchange Commission directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. to place the shares of Grameenphone Ltd. and Marico Bangladesh Ltd. under the Spot Market for trading, subject to relevant settlement and clearance regulations. This directive becomes effective on the trading day of 22nd February 2010 and remains in force until a further directive is issued.
No. SEC/CMRRCD/2009-193/22 Dated: February 18, 2010 DIRECTIVE Whereas, the Securities and Exchange Commission, in the context of the prevailing situation in the capital market of Bangladesh, considers it to be appropriate that trading in certain listed securities should now be regulated in the interest of the security investors and the securities and capital markets; Now, therefore, the Securities and Exchange Commission, in exercise of power conferred in it under section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969), hereby directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. to place the shares of Grameenphone Ltd. and Marico Bangladesh Ltd. under Spot Market for trading, with relevant settlement and clearance regulations applicable for the trades in the Spot Market. This Directive shall be effective from the trading day of 22nd February 2010, and will continue until further Directive.
By order of the Securities and Exchange Commission Md. Ziaul Haque Khondker Chairman. Distribution:
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“in exercise of power conferred in it under section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969)”
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