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20 October, 2021

Demated securities

 Demate   means   Conversion   of physical   securities   into electronic   form-the   move  from  physical certificates to electronic book keeping. Actual stock certificates are slowly being removed and retired from circulation in exchange for electronic recording. With the age of computers and the Depository Trust  Company,  securities  no  longer  need  to  be  in  certificate  form.  They can  be  registered  and transferred electronically.

Participants:

·         Investors

·         CDBL[central depository Bangladesh ltd.]

·         The Depository Participants

·         The Issuing Company