Corporate DisclosureFIRSTFIN
FIRSTFIN Corporate Disclosure — 24 November 2021
Announcement summary
- What happened
- FIRSTFIN published a corporate disclosure on 24 November 2021. Read the full announcement for details.
- Company
- First Finance Limited
- Announcement published
Original announcement
(Continuation news of FIRSTFIN): has not recognized this reduction in recoverable amount as an impairment loss which is a violation of paragraph 59 of IAS 36. b) The Company has four properties worth BDT 16,074,661 for which the Company is currently going through a litigation process. The legal proceedings have been going on for a significant number of years and there are significant indications that these assets have been impaired. The Company has not performed an estimate (cont.5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 619dd19803147376ea41e406
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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