Resumption of UCBL share trading not before AGM: SEC
Wednesday, 28 April 2010
The United Commercial Bank Limited (UCBL) will be back in the stock marker for trading after its annual general meetings (AGMs), scheduled for June 7, the securities regulator said after a meeting Tuesday. The Securities and Exchange Commission (SEC) in the meeting with both bourses of the country discussed the process of resuming its share trading in the capital market. An SEC official said the bank recently applied to the regulator seeking permission to resume trading in OTC market. — FE Report