Corporate DisclosureILFSL
ILFSL Corporate Disclosure — 18 July 2019
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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