Corporate DisclosureFASFIN

FASFIN Corporate Disclosure — 9 December 2020

Published
Last verified by BullBD

Announcement summary

What happened
FASFIN published a corporate disclosure on 9 December 2020. Read the full announcement for details.
Company
FAS Finance & Investment Limited
Announcement published

Original announcement

(Continuation news of FASFIN): FID Circular No. 06 dated 06 November, 2003 and FID Circular No. 02 dated 10 November, 2004. The company should maintain Reserve, 2.5% on 'Term or Fixed Deposit'. But company couldn't maintain such provision which is violation of circular. 7.During our audit we did not obtain third party confirmation in respect bank balance, FDR balance and loan balance through third party confirmation. Though we sent the letter of request (cont.7)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040054ec3
Original publication
Last verified by BullBD
Translation
BullBD
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