DSE Investors
You must login to participate in the discussion. If you're not a registered member you cant participate in the discussion. It takes only minutes to register. Its easy and free.
DSE Investors

DSE Investors forum for discussion. The freedom of association and thoughts and speech is ensured by our constitution. So feel free to express your ideas, opinion and thoughts through this forum.
HomeHome  PortalPortal  FAQFAQ  RegisterRegister  Log in  

Display results as :
Rechercher Advanced Search
Latest topics
» DSE Membership for Sale
Fri Nov 16, 2012 10:45 am by stockbroker

» DSE Membership for Sale
Fri Nov 16, 2012 10:44 am by stockbroker

» DSE Memerbship for SALE
Fri Nov 16, 2012 10:43 am by stockbroker

» Put your opinion about tomorrow
Sun Nov 11, 2012 1:02 am by selimbd

» What will you buy tomorrow?
Thu Jun 14, 2012 12:59 am by selimbd

» Investment for next trade day (4 July 2010)
Thu Aug 04, 2011 3:45 am by faridchy

» hi everybody
Wed Apr 13, 2011 2:10 am by Akbor Ali

» Welcome to DSEInvestors
Mon Feb 21, 2011 4:21 pm by black2006

» Mamun
Wed Oct 27, 2010 5:00 pm by lui_lui


Share | 

 DSE downgrades 26 companies with paper shares

Go down 


Posts : 105
Join date : 2010-05-27

PostSubject: DSE downgrades 26 companies with paper shares   Thu Jul 01, 2010 12:11 am

Star Business Report

Twenty-six companies on Dhaka Stock Exchange have been downgraded to the Z-category, as they failed to convert their paper shares into electronic ones by June.

In line with directives by the stockmarket regulator, the premier bourse downgraded the companies, which were being traded under B-category, according to a posting on Dhaka Stock Exchange's website.

The Securities and Exchange Commission on May 25 decided that trade on paper shares would not be allowed under B category from July 1, meaning the companies with paper scrips will have to dematerialise the shares within June 30.

The same day, SEC also decided that it would not allow paper shares to trade on the main boards of the stock exchanges from October.

The regulator's move is meant to ensure a smooth and transparent trading system, as paper shares are not compatible with the electronic trading system. It was also aimed to eliminate any fake shares from being traded.

The SEC also banned the trading of paper shares in the A-category in January.

Back to top Go down
DSE downgrades 26 companies with paper shares
Back to top 
Page 1 of 1
 Similar topics
» how to find real value of shares? (from www.cse.lk ,DFN )
» How to get shares form private placement
» Impact of 2012 Budget on listed companies * Telcos hit by double whammy
» What are the BLUE CHIP Stocks?
» Companies listed under Investment Trust sector

Permissions in this forum:You cannot reply to topics in this forum
DSE Investors :: First Category :: SEC/DSE Matters-
Jump to: