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DSE/CSE News in Brief (27-8-2018)

August 27, 2018 00:00:00


DSE NEWS

Furnishing e-TIN, info for margin account holders

Asian Tiger Sandhani Life Growth Fund: The fund has requested the concerned merchant banks and all depository participants (DPs) to provide statements with the details of their margin loan holders who hold units of the fund as of the Record Date (September 03, 2018); by September 10, 2018 and also email the same to [email protected]. Unit holders are also requested to update their respective BO accounts with 12 digit e-TIN through their DP before the record date. Any individual unit holder failing to do so will be subject to deduction of Advance Income Tax (AIT) at the rate of 15 per cent instead of 10 per cent as per Section 54 of Income Tax Ordinance, 1984.

CSE NEWS

Board meeting

Rupali Life Insurance Company Ltd.: The board meeting of the company will be held on September 03, 2018 at 3:30 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2017.

Spot trading

Padma Islami Life Insurance Ltd.: Trading of the shares of the company will be allowed only in the spot market from today (Monday) to September 09, 2018 as the record date of the company is on September 10, 2018.

Buy confirmation

Mutual Trust Bank Ltd.: Mr. Md. Abdul Malek, one of the sponsors directors of the company, has further reported that he has completed his buy of 2,25,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.

Buy intention

Mutual Trust Bank Ltd.: Mr. M.A. Rouf, one of the sponsors directors of the company, has reported his intention to buy 3,00,000 shares of the company at prevailing market price through stock exchange within next 30 working days.

— DSE/CSE Online


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