Corporate DisclosureINTECH

INTECH Corporate Disclosure — 10 March 2021

Published
Last verified by BullBD

Announcement summary

What happened
INTECH published a corporate disclosure on 10 March 2021. Read the full announcement for details.
Company
Intech Limited
Announcement published

Original announcement

(Continuation news of INTECH): as observed from the records of the Company remained overdue for a long period of time raising significant uncertainty regarding their collectivity thus increasing the risk of default at the reporting date. The company has not made any provision against the total overdue of Tk. 10,914,950 against the expected credit losses according to IFRS 9 Financial Instruments. Consequently, net profit and net assets reported in the statement of profit or loss and other (cont.3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040054197
Original publication
Last verified by BullBD
Translation
BullBD
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