RegAlert

Rule · BSEC · 27 Jul 2010

Notification related to substantial acquisition of shares

securities

The Securities and Exchange Commission amends Rule 13(2) of the Securities and Exchange Commission (Acquisition of Shares, Substantial Acquisition of Shares and Takeover) Rules, 2002, by adding an explanation to the term 'highest market price in the stock exchange'. This explanation clarifies that the term refers to the highest market price existing after the promulgation of these rules, specifically from April 15, 2002 onwards.

BangladeshBangladesh Securities and Exchange Commission

Notification
July 27, 2010
No. SEC/CMRRCD/2001-25/55/Admin-:Securities and Exchange Ordinance, 1969 (Ordinance No. 15 of 1969) under Section 24(1) of the Securities and Exchange Commission, After previous publication, the Securities and Exchange Commission (Acquisition of Shares, Substantial Acquisition of Shares and Takeover) Rules, 2002 amended as follows:
In Rule 13(2) of the aforementioned Rules, the sub-rule (2) regarding the 'highest market price in the stock exchange' mentioned in sub-rule (2) An explanation is appended after sub-rule (2) as follows:
"Explanation: 'Highest market price in the stock exchange' means the highest market price existing after the promulgation of these rules, i.e., after April 15, 2002."

By order of the Securities and Exchange Commission

Md. Ziaul Haque Khondakar
Chairman.

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Ordinance No. 15 of 1969Not in RegAlertOrdinance No. 15 of 1969 — Not in RegAlertSecurities and Exchange Commission(Acquisition of Shares, Substanti…Not in RegAlertSecurities and Exchange Commission (Acquisition of Shares, Substantial Acquisition of Shares and Takeover) Rules, 2002 — Not in RegAlertNotification related tosubstantial acquisition of sh…2010-07-27 · this documentNotification related to substantial acquisition of shares (2010-07-27)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (2)
Amends
  • Securities and Exchange Commission (Acquisition of Shares, Substantial Acquisition of Shares and Takeover) Rules, 2002Not in RegAlert

    “the Securities and Exchange Commission (Acquisition of Shares, Substantial Acquisition of Shares and Takeover) Rules, 2002 amended as follows”

Issued under
  • Ordinance No. 15 of 1969Not in RegAlert

    “Securities and Exchange Ordinance, 1969 (Ordinance No. 15 of 1969) under Section 24(1) of the Securities and Exchange Commission”

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