Corporate DisclosureLIBRAINFU

LIBRAINFU Corporate Disclosure — 16 May 2021

Published
Last verified by BullBD

Announcement summary

What happened
LIBRAINFU published a corporate disclosure on 16 May 2021. Read the full announcement for details.
Company
Libra Infusions Limited
Announcement published

Original announcement

(Continuation news of LIBRAINFU): 2. Trade receivables meet the definition of being financial assets and needs impairment as per para 5.5.15 of IFRS 9. But we did not observe any lifetime expected credit loss on trade receivables in the financial statements. 3. Loan liability with Al-Arafah Islami Bank Limited as per outstanding liability position statement stands at Tk. 1,022,405,383 but loan liability recognized in balance sheet at Tk. 839,888,467 resulting a shortfall in liability of (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040053894
Original publication
Last verified by BullBD
Translation
BullBD
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