Corporate DisclosureLEGACYFOOT

LEGACYFOOT Corporate Disclosure — 20 November 2022

Published
Last verified by BullBD

Announcement summary

What happened
LEGACYFOOT published a corporate disclosure on 20 November 2022. Read the full announcement for details.
Company
Legacy Footwear Ltd.
Announcement published

Original announcement

(Continuation news of LEGACYFOOT): credit loss on this financial asset is significantly higher than the impairment recognized by the Company. Therefore, the impairment loss recognized is not in line with Section 5.5.15 of IFRS 9 and the asset is over-stated by BDT 95,604,506.00. (end)

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

(LEGACYFOOT-এর ধারাবাহিক খবর): এই আর্থিক সম্পদের ক্রেডিট ক্ষতি কোম্পানির স্বীকৃত প্রতিবন্ধকতার চেয়ে উল্লেখযোগ্যভাবে বেশি। অতএব, স্বীকৃত প্রতিবন্ধকতা IFRS 9-এর ধারা 5.5.15 এর সাথে সঙ্গতিপূর্ণ নয় এবং সম্পদটি 95,604,506.00 টাকা দ্বারা অতি-বিবৃত হয়েছে। (শেষ)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6379c4f5b2c2584194ee0edd
Original publication
Last verified by BullBD
Translation
BullBD
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