Corporate DisclosureISNLTD
ISNLTD Corporate Disclosure — 29 November 2020
Announcement summary
- What happened
- ISNLTD published a corporate disclosure on 29 November 2020. Read the full announcement for details.
- Company
- Information Services Network Ltd.
- Announcement published
Original announcement
(Continuation news of ISNLTD): tax on depreciation on revaluation reserve which is a non-compliance with Paragraph 20 of IAS 12 "Income Taxes". Also deferred tax on revaluation surplus has not been recognized in accordance with IAS-12. The sponsors and directors other than independent directors are holding 21.62% shares of the company and are continuing to hold the position of the directorship of the company ignoring the requirement of holding, (cont.5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055071
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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