Rule · BSEC · 15 Sep 2011
The Securities and Exchange Commission mandates that all listed companies and mutual funds with a par value other than Tk. 10 must complete formalities by November 30, 2011, to commence trading at a uniform par value of Tk. 10.00 effective December 4, 2011. A record date of December 1, 2011, is established for this transition, and no price-sensitive information is required to be disclosed. This order takes immediate effect.
No. SECMRRCD/2009-193/109 September 15, 2011
Order
In exercise of the powers conferred under Section 20A of the Securities and Exchange Ordinance, 1969 (Ordinance No. XXVII of 1969), the Securities and Exchange Commission, in the interest of investors and the capital market, issues the following order:
All listed companies and mutual funds whose shares and mutual funds have a par value other than 10.00 (ten) Taka must complete all formalities by November 30, 2011, and commence trading from December 4, 2011, at a uniform par value, i.e., a par value of 10.00 (ten) Taka. For this purpose, the record date shall be December 1, 2011. No price-sensitive information needs to be disclosed for this.
This order shall come into force immediately.
By order of the
Securities and Exchange Commission,
Professor Dr. M. Khairul Hossain
Chairman.
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“In exercise of the powers conferred under Section 20A of the Securities and Exchange Ordinance, 1969 (Ordinance No. XXVII of 1969)”
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