The batch marketplace regulator has voiced traffic of face worth for any share to Tk 10 from Dec 4.
”The shares of listed companies as well as mutual supports labelled aloft than Tk 10 have to be altered by Nov thirty after all formalities,” a Securities as well as Exchange Commission (SEC) order, circulated upon Thursday, said. ”December 1 will be a jot down date, whilst traffic will proceed with a ultimate uniformed face worth from Dec 4,” it adds.
December 2 as well as 3 have been weekly holidays.
Companies blank a deadline will have traffic in their shares halted, a sequence says.
The ultimate preference came upon Aug 23, after a SEC motionless to repair a face worth during Tk 10 as per a offer from a cabinet shaped to examine a December-January share marketplace scam.
The cabinet in a inform pronounced a sure entertain had pushed a prices of shares though proof by augmenting the
face value.
The financial method had motionless upon a Tk 10 roof multiform years ago. But a preference had not been done imperative for all to belong to.
Some companies had bound a face worth during Tk 10 per share following a financial method preference during a time.
