Corporate DisclosureBIFC

BIFC Corporate Disclosure — 25 July 2017

Published
Last verified by BullBD

Announcement summary

What happened
BIFC published a corporate disclosure on 25 July 2017. Read the full announcement for details.
Company
Bangladesh Industrial Fin. Co. Ltd.
Announcement published

Original announcement

(Continuation news of BIFC): Tk. 316,716,841.00 which is 60.75% of total equity. 8. As per Bangladesh Bank DFIM Circular no-13, Dated 26 October 2011; Every Financial Institution has to conduct minimum four (04) audit committee meetings in a financial year. But during the year the company did not follow such instruction of DFIM circular-13 by Bangladesh Bank. Emphasis of Matters: 1. As on 31 December 2016 retained earnings of the company stands at negative Taka 1,258,587,039.00 whereas paid-up (cont. 9)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004005f016
Original publication
Last verified by BullBD
Translation
BullBD
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