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): Consequently, the asset and profit for the year are overstated. 4. 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. 5. According to Financial Institution Regulations 1994 and FID Circular No. 06 dated 06 November, 2003 and DFIM Circular No. 03 dated 21 June 2020, the company should maintain Cash Reserve ratio at the rate of 1.5% on (cont.5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6190cfd503147376ea9fba8a
Original publication
Last verified by BullBD
Translation
BullBD
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