RegAlertRule · BSEC · 26 Oct 2009
Directive to merchant bankers and portfolio managers to stop margin loans for Aftab Automobiles Ltd
The Securities and Exchange Commission directs registered merchant bankers and portfolio managers to immediately cease providing or disbursing any further margin loans or credit facilities to clients for the purchase of securities of Aftab Automobiles Limited. This prohibition applies until further order and takes immediate effect.
No. SEC/CMRRCD/2001-43/205 October 26, 2009
DIRECTIVE
The Securities and Exchange Commission, in exercise of the power conferred on it under
section 20A of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of
1969), read with wb‡`©kbv bs-14 of wewa 36 of wmwKDwiwUR I G·‡PÄ Kwgkb (gv‡P©›U e¨vsKvi I †cvU©‡dvwjI g¨v‡bRvi) wewagvjv, 1996, hereby directs the merchant bankers, including the portfolio managers, registered under the wmwKDwiwUR I G·‡PÄ Kwgkb (gv‡P©›U e¨vsKvi I †cvU©‡dvwjI g¨v‡bRvi) wewagvjv, 1996 to immediately stop providing or disbursing of any further margin loan or credit facilities to their clients under the said wewagvjv, to purchase the securities of Aftab Automobiles Limited 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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The links and the sentences they come from (2)
- Issued under
- Ordinance No. XVII of 1969Not in RegAlert
“in exercise of the power conferred on it under section 20A of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of 1969)”
- Regulation of 1996Not in RegAlert
“read with wb‡`©kbv bs-14 of wewa 36 of wmwKDwiwUR I G·‡PÄ Kwgkb (gv‡P©›U e¨vsKvi I †cvU©‡dvwjI g¨v‡bRvi) wewagvjv, 1996”
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