AIMS trading may resume Sunday
Thursday, 1 July 2010
FE Report
The trading of the AIMS First Mutual Fund is likely to be started with the bourses Sunday for the interest of the investors, officials said.
An official of Dhaka Stock Exchange (DSE) said that the Securities and Exchange Commission (SEC) took the decision Wednesday for the interest of the market.
"There was no barrier to carry on the daily trading of the AIMS. But DSE halted the trading for the interest of the investors," the official said.
The official also said DSE is likely to have a meeting Thursday (today) regarding the shares' trading of AIMS.
On February 25, DSE halted the trading of AIMS following a dividend declaration by the fund.
The trustees of AIMS announced 70 per cent stock dividend for the years 2007-08 and 2008-09 and a 130 per cent right entitlement.
The trading of the AIMS First Mutual Fund is likely to be started with the bourses Sunday for the interest of the investors, officials said.
An official of Dhaka Stock Exchange (DSE) said that the Securities and Exchange Commission (SEC) took the decision Wednesday for the interest of the market.
"There was no barrier to carry on the daily trading of the AIMS. But DSE halted the trading for the interest of the investors," the official said.
The official also said DSE is likely to have a meeting Thursday (today) regarding the shares' trading of AIMS.
On February 25, DSE halted the trading of AIMS following a dividend declaration by the fund.
The trustees of AIMS announced 70 per cent stock dividend for the years 2007-08 and 2008-09 and a 130 per cent right entitlement.