Dhaka, Bangladesh (BBN)-The share trading of Pharma Aids will resume from Sunday (May 11, 2014) after a three-month of hiatus as the prime bourse withdrew its suspension bar on Friday, officials said.
“The DSE has withdrawn the trading suspension bar on Pharma Aids and there is now no restriction for Pharma Aids to resume its trading from Sunday next,” said an official of Dhaka Stock Exchange.
The DSE suspended the trading of Pharma Aids for an indefinite period on February 5, 2014, as the firm barred bourse officials from inspecting the factory premises.
The DSE also served notice on the company seeking an explanation on its stance.
Pharma Aids is an ‘A’ category share listed in the prime bourse in 1987.
The closing price of each share of the company was Tk 181.3 as on February 5, 2014.
Of the total shares, 28.76 percent shares of the company is in sponsor/directors hands while 5.85 percent institutional investors and 65.39 percent shares in public hands, according the database of the main bourse.
BBN/BB/AD-09May14-4:20pm (BST)