Corporate DisclosureLEGACYFOOT
LEGACYFOOT Corporate Disclosure — 28 November 2019
Announcement summary
- What happened
- LEGACYFOOT published a corporate disclosure on 28 November 2019. Read the full announcement for details.
- Company
- Legacy Footwear Ltd.
- Announcement published
Original announcement
Qualified Opinion: 1. Long term loan, note # 14, discloses a balance of Tk. 235,216,094 against bank loan. But outstanding balance as of 30 June 2019 stands at Tk. 254,056,979 as per loan statements made available to us. The difference of Tk. 18,840,885 has not been recognised as liability in the financial statements. As such, profit for the year has been overstated and conversely, loan liability has been understated to that extent. (cont.1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b00004005805b
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from LEGACYFOOT
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.