DSE to buy Rupali Insurance Saiham Cotton shares

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DSE to buy Rupali Insurance Saiham Cotton shares

The Dhaka Stock Exchange (DSE) management has announced plans to purchase shares of Rupali Insurance Company Ltd and Saiham Cotton Mills Ltd through the buy-in market.

According to DSE sources, the exchange will purchase 436 dematerialised shares of Rupali Insurance and 24,000 dematerialised shares of Saiham Cotton Mills from the buy-in market on September 15.

The DSE said parties interested in selling the shares must notify DSE Clearing before placing their sale orders.

Following completion of the transactions, the selling trading right entitlement certificate (TREC) holders have been instructed to transfer the shares from their respective clearing accounts to the DSE Clearing account through the payout process by 2:00pm. The relevant BO ID for the transfer is 1100001000000035.

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