Corporate DisclosureFAREASTFIN

FAREASTFIN Corporate Disclosure — 23 September 2020

Published
Last verified by BullBD

Announcement summary

What happened
FAREASTFIN published a corporate disclosure on 23 September 2020. Read the full announcement for details.
Company
Fareast Finance & Investment Limited
Announcement published

Original announcement

(Continuation news of FAREASTFIN): an extended time span for four years for maintaining the shortfall provision. 2. We draw attention to Note 2.40 in the financial statements, which indicates that the Company incurred a net loss of Tk. 717,997,592 during the year ended December 31, 2019 and, as of that date, the Company's current liabilities exceeded its total assets by Tk. 1,532,764,232 As stated in Note 2.40, these events or conditions, along with other matters as set forth in Note 2.40. (cont. 2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b00004005611f
Original publication
Last verified by BullBD
Translation
BullBD
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