Corporate DisclosureBIFC
BIFC Corporate Disclosure — 18 July 2019
Announcement summary
- What happened
- BIFC published a corporate disclosure on 18 July 2019. Read the full announcement for details.
- Company
- Bangladesh Industrial Fin. Co. Ltd.
- Announcement published
Original announcement
(Continuation news of BIFC): We scrutinized that the company's total equity becomes negative Tk. (7,998,665,811) because of net loss made during last 3 years and investment in share as on 31 December 2018 Tk. 205,573,951 in quoted and un-Quoted shares clearly state that non-compliance investment of the Financial Institutions Act 1993. (4) Taxation: We found that BIFC did not compute the deferred tax on the asset revaluation reserve amount of Tk. 403,425,667. As per IAS-12, (cont. 5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b0000400596ad
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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