Corporate DisclosureFINEFOODS
FINEFOODS Corporate Disclosure — 28 October 2020
Announcement summary
- What happened
- FINEFOODS published a corporate disclosure on 28 October 2020. Read the full announcement for details.
- Company
- Fine Foods Limited
- Announcement published
Original announcement
(Continuation news of FINEFOODS): Biological Assets within the scope of IAS 41 are measured on initial (recognition and at subsequent reporting dates at Fair value less estimated cost to sell. The company have been valuing the asset at Historical cost which is a direct noncompliance with IAS 41. Management did not perform any fair value calculations and hence we do not have the necessary information to quantify the misstatement. (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055a17
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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