Corporate DisclosureBIFC

BIFC Corporate Disclosure — 1 January 2017

Published
Last verified by BullBD

Announcement summary

What happened
BIFC published a corporate disclosure on 1 January 2017. Read the full announcement for details.
Company
Bangladesh Industrial Fin. Co. Ltd.
Announcement published

Original announcement

(Continuation news of BIFC): The owning parties also availed of Loan facilities in the name of Banglalion, Dresco Limited, Sunman Spinning , Sunman Pharma, Sunman Industrial Corporation, Towers Builders Chowdhary Apparel, Rahmania Textiles and withdrew the entire loaned amount without complying the existing approval authority of loan and loan sanctioning rules and policy. In the process of withdrawal of the fund, different name and account was engaged. (cont.4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b0000400605f4
Original publication
Last verified by BullBD
Translation
BullBD
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