Dhaka, Bangladesh (BBN) - Two more sponsors/directors of Al Arafa Islami Bank and UCBL have declared to buy shares aming to comply with the Securities and Exchange Commission (SEC)’s recent directive.
Al-Haj Abdul Malek Mollah, one of the sponsors/directors of Al Arafa Islami Bank, has reported his intention to buy 9,00,000 shares of the Bank at prevailing market price through DSE within next 30 working days, an announcement said.
Md. Jahangir Alam Khan, one of the directors of United Commercial Bank, has reported his intention to buy 10,00,000 shares of the bank at prevailing market price through DSE within next 30 working days.
BBN/BB/AD-19Dec11-9:36 pm (BST)