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

(Continuation news of FASFIN): 2. As a result of over crediting interest income on loan advance and lease the Retained earnings/Net asset value of the company overstated by TK. 110.325 crore. If this correction is made in the Financial Statements, then net asset per share would further be reduced by TK. 7.37. 3. The Financial statements exhibit of TK. 44,665,893 as "Non-current asset held for sales" which was classified as non-current asset held for sale in the year 2010 (Ten year ago). (cont.3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6190cfd503147376ea9fba86
Original publication
Last verified by BullBD
Translation
BullBD
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