Corporate DisclosureFARCHEM
FARCHEM Corporate Disclosure — 17 November 2020
Announcement summary
- What happened
- FARCHEM published a corporate disclosure on 17 November 2020. Read the full announcement for details.
- Company
- Far Chemical Industries Limited
- Announcement published
Original announcement
(Continuation news of FARCHEM): lease as per IAS-17 Leases. In the context of the application of IFRS 16, right-of-use assets and lease liabilities were recognized by the company onward on 1 July 2019 in accordance with the modified approach and without applying retrospective impact. In addition, the Company has decided not to apply the new guidance to leases whose term will end within twelve months of the date of initial application and leases of low-valued assets. (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055365
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from FARCHEM
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.