Order Partially Modifying Earlier Order Regarding A and B-Category Companies

The Commission partially modifies its earlier order dated 14 March 2004 by replacing the reference to 'A'-category companies with 'A' and 'B'-category companies. For 'B'-category companies, the applicability of the 'T+4' settlement period (T+2 & T+2) becomes effective no later than the first trading day commencing on 17 April 2004. This modification applies to entities listed on the Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd.

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No. SEC/CMRRCD/2001-12/284 Dated: 6 th April 2004 ORDER Further to the Commission’s Order No.SEC/CMRRCD/2001-12/266 dated 18 th March 2004, the Commission hereby also partially modifies its earlier order No. SEC/CMRRCD/2001-12/257 dated 14 th March 2004 to read Quote ‘A’ and ‘B’-category companies Unquote in place of Quote ‘A’-category companies Unquote mentioned in the second para of the said order of 14 th March 2004:
Provided, however, that in case of ‘B’-category companies, the applicability of ‘T+4’ (T+2 & T+2) period shall be effective from the date not later than the first trading day commencing on the 17 th April 2004. By order of the Commission Mansur Alam Executive Director Distribution:
Dhaka Stock Exchange Ltd.
Chittagong Stock Exchange Ltd.

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This document amends: Amendment to Settlement of Stock Exchange Transactions Regulations

Order Partially Modifying Earlier Order Regarding A and B-Category Companies

Lineage: In force

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