Corporate DisclosureFASFIN
FASFIN Corporate Disclosure — 9 December 2020
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): Moreover, the poor price of that is sign of impairment as per IAS 36 Impairment of Assets. But no such impairment teat was taken place. Consequently, the asset and profit for the year are overstated. 5. At the year end, the current account balance with subsidiary company (Fas Capital Management Ltd.) does not agree due to unrecognized liability of TK 35 lakh by the company. 6. According to Financial Institution Regulations 1994 and (cont.6)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040054ec4
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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