The category of Associate Oxygen Limited, a company listed in the capital market, has improved. The company has been shifted from ‘B’ category to ‘A’ category.

This information is known from Dhaka Stock Exchange (DSE) sources.

According to sources, the company paid 10 percent cash dividend to investors in the last financial year ended June 30, 2022. Due to which the company has been shifted from ‘B’ category to ‘A’ category.

The company will trade in ‘A’ category from today Thursday (December 11).

Note that as per BSEC guidelines, the company will not get any loan facility within 7 working days of change of category.