Rule · BSEC · 3 Jan 2005
The Securities and Exchange Commission declares the shares of Defendil Computers Ltd, Eastern Bank Ltd, and Phoenix Insurance Company Ltd as eligible securities effective January 15, 2005. Consequently, trading of these shares on the Dhaka and Chittagong Stock Exchanges is restricted to the auction (Foboshon) system starting January 16, 2005. The order is issued under the authority granted by Section 17 of the Depository (Practical) Regulations, 2003.
SEC/CDSL/206/2003/391 03 January
2005
Order
Under the powers conferred by Section 17 of the Depository (Practical) Regulations, 2003, the Securities and Exchange Commission has declared the shares of Defendil Computers Ltd, Eastern Bank Ltd, and Phoenix Insurance Company Ltd as eligible securities with effect from January 15, 2005.
As a result of this declaration, trading of the shares of Defendil Computers Ltd, Eastern Bank Ltd, and Phoenix Insurance Company Ltd on the Dhaka and Chittagong Stock Exchanges will not be permitted except through the Auction (Foboshon) system from January 16, 2005.
By Order of the Securities and Exchange Commission
Farhad Ahmed
Executive Director
Distribution
Executive Director (ESG & MIS), SEC
Executive Director (CMRR & R&D), SEC
Executive Director (Supervision & Administration), SEC Executive Director (Registration), SEC Executive Director (CF), SEC Director (IPO), SEC Director (Law), SEC Chief Executive Officer, DSE Chief Executive Officer, CSE
The shadow copy of the order and the shadow copy of the attached press release are requested to be distributed to all brokers/dealers.
The shadow copy of the order and the shadow copy of the attached press release are requested to be distributed to all Depository Participants by the Chief Executive Officer, CDBL.
Managing Director, Defendil Computers Ltd
Managing Director, Eastern Bank Ltd
Managing Director, Phoenix Insurance Company Ltd
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“Under the powers conferred by Section 17 of the Depository (Practical) Regulations, 2003”
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