Corporate DisclosureACFL

ACFL Corporate Disclosure — 13 October 2020

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Last verified by BullBD

Announcement summary

What happened
ACFL published a corporate disclosure on 13 October 2020. Read the full announcement for details.
Company
Aman Cotton Fibrous PLC.
Announcement published

Original announcement

The auditor of Aman Cotton Fibrous Limited Limited has given the following Qualified Opinion on utilization of IPO fund in the audit report of the Company prepared for the month of August 2020. Qualified Opinion on Utilization of IPO Fund: 1. FDR of Tk. 73 crore made from IPO Proceeds is pledged as security for credit facilities enjoyed by other entities. Details are as follows: Akin Carries Limited enjoys credit facilities as overdraft on balance of FDR in (cont.1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055e3d
Original publication
Last verified by BullBD
Translation
BullBD
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