Corporate DisclosureFINEFOODS

FINEFOODS Corporate Disclosure — 31 October 2021

Published
Last verified by BullBD

Announcement summary

What happened
FINEFOODS published a corporate disclosure on 31 October 2021. Read the full announcement for details.
Company
Fine Foods Limited
Announcement published

Original announcement

(Continuation news of FINEFOODS): 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. Consequently, we are unable to quantify the necessary adjustment amount for the relevant financial statement line items. 2. As per the Income Tax Ordinance, 1984, Section 300 (i), (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
617e5b1203147376eae70300
Original publication
Last verified by BullBD
Translation
BullBD
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