Corporate DisclosureILFSL

ILFSL Corporate Disclosure — 18 July 2019

Published
Last verified by BullBD

Announcement summary

What happened
ILFSL published a corporate disclosure on 18 July 2019. Read the full announcement for details.
Company
International Leasing & Financial Services Limited
Announcement published

Original announcement

(Continuation news of ILFSL): doubt to going concern basis. (1) Operating cash flow of the company is negative as on 31 December 2018. (2) Due to short term Liquidity crisis, the company is in problem to make payment to some of its? depositors and creditors. (3) The company had excessive reliance on short term borrowings to finance long term assets. (4) Classified invested assets (Loans, leases and advances) has been increased by 2.11%. (cont. 4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b0000400596b8
Original publication
Last verified by BullBD
Translation
BullBD
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