Corporate DisclosurePHOENIXFIN

PHOENIXFIN Corporate Disclosure — 1 October 2018

Published
Last verified by BullBD

Announcement summary

What happened
PHOENIXFIN published a corporate disclosure on 1 October 2018. Read the full announcement for details.
Company
Phoenix Finance and Investments Ltd.
Announcement published

Original announcement

The Company has informed that the Board of Directors has approved the revaluation of Company's fixed assets (Land and Land Development) conducted by Malek Siddiqui Wali, Chartered Accountants. As per Revaluation Report, Revaluation Surplus has been increased by Tk. 24,09,02,500.00. Revaluation Surplus will be accounted in the Financial Statements for the third Quarter period ended on September 30, 2018.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005bd0b
Original publication
Last verified by BullBD
Translation
BullBD
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