Corporate DisclosureICBSONALI1

ICBSONALI1 Corporate Disclosure — 27 September 2021

Published
Last verified by BullBD

Announcement summary

What happened
ICBSONALI1 published a corporate disclosure on 27 September 2021. Read the full announcement for details.
Company
ICB AMCL Sonali Bank Limited 1st Mutual Fund
Announcement published

Original announcement

(Continuation news of ICBSONALI1): As per paragraph 14 of the IAS 37 (Provisions, Contingent Liabilities and Contingent Assets), a provision shall be recognized when an entity has a present obligation (legal or constructive) because of a past event and when payment is probable and the amount can be estimated reliably. However, the provision made during the year in note 10.01 amounting to Tk. 53,000,000 as Addition to the Provision for Unrealized Losses on Investment in (cont.4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040052587
Original publication
Last verified by BullBD
Translation
BullBD
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