2018-08-16
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The Bangladesh Securities and Exchange Commission directs the Dhaka Stock Exchange Ltd. and the Chittagagong Stock Exchange Ltd. to suspend trading of shares for Monno Jute Stafflers Limited, Bangladesh Autocars Limited, and Legacy Footware Limited, effective August 19, 2018. The Commission also orders that shares of Monno Ceramic Industries Limited, Kay & Que (Bangladesh) Limited, Aziz Pipes Limited, Stylecraft Limited, and Dragon Sweater and Spinning Limited be placed under compulsory spot trading without financial adjustment facilities, effective from the same date.
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BANGLADESH SECURITIES AND EXCHANGE COMMISSION
Securities Commission Bhaban, E-6/C Agargaon, Sher-e-Bangla Nagar Administrative Area, Dhaka-1207, Bangladesh No. BSEC/Surveillance/201 8-912/ 3j August 16, 2018 Order Whereas, the Bangladesh Securities and Exchange Commission has observed unusual transactions and movement of price in shares of Monno Jute Stafflers Limited, Bangladesh Autocars Limited and Legacy Footware Limited in the stock exchanges; and Whereas, the Commission is of the opinion that it is necessary in the interest of trade and in the public interest to suspend the trading of shares of the said companies in the stock exchanges; Now, therefore, the Bangladesh Securities and Exchange Commission, in exercise of power conferred on it under section 9(7) of the Securities and Exchange Ordinance, 1969 (XVII of 1969), hereby directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. to suspend the trading of shares of Monno Jute Stafflers Limited, Bangladesh Autocars Limited and Legacy Footware Limited. This order shall be effective from August 19,2018 and remain effective as per section 9(8) of the Securities and Exchange Ordinance, 1969. By order of the Bangladesh Securities and Exchange Commission Q. LU pt_ -I CProf. Dr. M. Khairul Hossain Chairman. Phone (PABX) +88-02-55007131-2 Fax 88-02-55007106 e-mail: Web:
BANGLADESH SECURITIES AND EXCHANGE COMMISSION
Securities Commission Bhaban, E-6/C Agargaon, Sher-e-Rangla Nagar Administrative Area, Dhaka-1207, Bangladesh No. BSEC/Surveillance/20 18-912/ 32-. August 16, 2018 Order Whereas, the Bangladesh Securities and Exchange Commission has observed unusual transactions and movement of price in shares of Monno Ceramic Industries Limited, Kay & Que (Bangladesh) Limited, Aziz Pipes Limited, Stylecraft Limited and Dragon Sweater and Spinning Limited in the stock exchanges; and Whereas, the Commission is of the opinion that it is necessary in the interest of investors and securities market to place the shares of the said companies on compulsory spot; Now, therefore, the Bangladesh Securities and Exchange Commission, in exercise of power conferred on it under section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969), hereby directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. to place the shares of Monno Ceramic Industries Limited, Kay & Que (Bangladesh) Limited, Aziz Pipes Limited, Stylecraft Limited and Dragon Sweater and Spinning Limited under compulsory spot for trading. Moreover, there shall be no financial adjustment facilities in transactions of shares of the mentioned companies. This order shall be effective from August 19, 2018. By order of the Bangladesh Securities and Exchange Commission ib Prof. Dr. M. Khairul I Iossatn Chairman. Phone (PABX) : +88-02-55007131-2 Fax: +88-02-55007106 e-mail: Web:
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Source: Bangladesh Securities and Exchange Commission — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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