People’s Leasing Company started trading – 2024-03-12 03:26:45

by times news cr

2024-03-12 03:26:45

The trading of People’s Leasing and Finance Services Limited, a company listed in the financial sector in the capital market, is finally starting after being closed for almost 5 years.

From Sunday (March 10), trading of the company’s shares has started in Dhaka and Chittagong Stock Exchange (DSE-CSE) of the country.

This information is known from DSE and CSE sources.

In the board meeting of Dhaka Stock Exchange PLC held last Wednesday (March 6), the decision was taken to start trading of People’s Leasing and Finance Services Limited. Trading of the company will resume from March 10 under ‘Z’ category.

Meanwhile, the Chittagong Stock Exchange has also decided to start trading of the company.

Earlier it was mentioned on the website of Dhaka and Chittagong Stock Exchange on February 29 that it has been decided to close the company’s share trading for another 15 days. The trading of the company’s shares will be closed from February 29 to March 14. However, for the sake of investors, DSE and CSE have decided to start the company’s trading soon.

Incidentally, the company’s share trading was stopped from August 13 to 27, 2019 in the first phase. After that, DSE and CSE have extended the period of suspension of trading of shares of the company for 15 consecutive days. This left investors stuck in the company in uncertainty. However, the decision to resume the trading of the company’s shares will remove the uncertainty of the investors.

People’s Leasing and Finance Services started trading at Tk 3.30 on Sunday. The company’s shares rose 10 percent to touch the highest level of the circuit breaker and halted.

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