Transfer from spot market to public market — BSEC — BD

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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/2018-912/61

February 19, 2019

Order

Whereas, the Bangladesh Securities and Exchange Commission is of the opinion that it is necessary in the interest of investors and securities market to withdraw the restrictions imposed on Monno Jute Stafflers Limited, Monno Ceramic Industries Limited and Stylecraft Limited vide its order No. BSEC/Surveillance/2018-912/43 dated October 17, 2018 and No. BSEC/Surveillance/2018-912/32 dated August 16, 2018 and to place the shares of the Monno Jute Stafflers Limited, Monno Ceramic Industries Limited and Stylecraft Limited from the spot market to the public market;

Now, therefore, the Commission, in exercise of the 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 Monno Jute Stafflers Limited, Monno Ceramic Industries Limited and Stylecraft Limited from the spot market to the public market for transactions. Moreover, financial adjustment facilities in transactions of the shares of the said companies will be applicable as per the existing rules.

This order shall be effective from February 20, 2019.

By order of the Bangladesh Securities and Exchange Commission

(Signature)
Dr. M. Khairul Hossain
Chairman.

Phone (PABX) : +88-02-55007131-2, Fax : +88-02-55007106, E-mail : secbd@bdmail.net, Web : www.sec.gov.bd

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it

The links and the sentences they come from (3)

Supersedes

SURVEILLANCE Order No. 2018-912/32 dated 2018-08-16Not in RegAlert
“and No. BSEC/Surveillance/2018-912/32 dated August 16, 2018”
SURVEILLANCE Order No. 2018-912/43 dated 2018-10-17Not in RegAlert
“withdraw the restrictions imposed on Monno Jute Stafflers Limited, Monno Ceramic Industries Limited and Stylecraft Limited vide its order No. BSEC/Surveillance/2018-912/43 dated October 17, 2018”

Issued under

Securities and Exchange Ordinance, 1969 (XVII of 1969)Not in RegAlert
“in exercise of the power conferred on it under Section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969)”