Rule · BSEC · 10 Aug 2004
The Securities and Exchange Commission declares the shares of Batas Su Company (Bangladesh) Ltd., Advanced Chemical Industries Ltd., and K and Q Bangladesh Ltd. as eligible securities effective August 24, 2004. Consequently, trading of these shares, excluding rights issues, is prohibited on the Dhaka Stock Exchange and Chittagong Stock Exchange starting August 25, 2004. The order mandates distribution of the directive and attached press release to relevant exchange executives, depository participants, brokers, dealers, and the management of the affected companies.
No. SECI/CDBS/206/2003/218
August 10, 2004
Order
Pursuant to the powers conferred under Section 17 of the Depository (Practical) Regulations, 2003, the Securities and Exchange Commission declares the shares of Batas Su Company (Bangladesh) Ltd., Advanced Chemical Industries Ltd., and K and Q Bangladesh Ltd. as eligible securities effective from August 24, 2004.
As a result of this declaration, trading of the shares of Batas Su Company (Bangladesh) Ltd., Advanced Chemical Industries Ltd., and K and Q Bangladesh Ltd., excluding rights issues (Fobshobotrorodhorob), is prohibited on the Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd. effective from August 25, 2004.
By Order of the Securities and Exchange Commission
Farhad Ahmed
Executive Director
Distribution:
Executive Director-CMRRS and R&D, SECI
Executive Director-Administration and Surveillance, SECI Executive Director-Registration, SECI Director-CF, SECI Director-IPO, SECI Director-Law, SECI Chief Executive Officer, DSE Chief Executive Officer, CSE
The attached copy of the order and the attached copy of the press release are requested to be distributed to all Brokers/Dealers.
The Chief Executive Officer, CDBL is requested to distribute the attached copy of the order and the attached copy of the press release to all Depository Participants.
Managing Director-Batas Su Company (Bangladesh) Ltd.
Managing Director-Advanced Chemical Industries Ltd.
Managing Director-K and Q Bangladesh Ltd.
Public Reference Room, SECI
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“Pursuant to the powers conferred under Section 17 of the Depository (Practical) Regulations, 2003”
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