Corporate DisclosureFASFIN

FASFIN Corporate Disclosure — 14 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
FASFIN published a corporate disclosure on 14 November 2021. Read the full announcement for details.
Company
FAS Finance & Investment Limited
Announcement published

Original announcement

The auditor of the FAS Finance & Investment Limited has given the "Qualified Opinion" & "Emphasis of matters" paragraphs in the Auditor's Report for the year ended on 31 December, 2020. Basis for Qualified Opinion: 1. At the year ended, the company's non-performing (classified) loan stood of TK. 1,703 crore which is 88 % of loan advance and lease investment. As a result, the required loan provision of loan advance and lease at the year was TK. 898 crore. (cont.1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6190cfd503147376ea9fba82
Original publication
Last verified by BullBD
Translation
BullBD
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