Corporate DisclosureFASFIN
FASFIN Corporate Disclosure — 14 November 2021
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): No disposal yet taken place since then due to not receiving of minimum offer price as mentioned in the financial statements. The IFRS 05 Non-current Assets Held for Sale and Discontinued Operations requires to sold out the noncurrent asset within one year form the date of classification as "Non-current asset held for sales". Moreover, the poor price of that is sign of impairment as per IAS 36 Impairment of Assets. But no such impairment test was taken place. (cont.4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 6190cfd503147376ea9fba88
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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