Corporate DisclosurePLFSL

PLFSL Corporate Disclosure — 27 July 2017

Published
Last verified by BullBD

Announcement summary

What happened
PLFSL published a corporate disclosure on 27 July 2017. Read the full announcement for details.
Company
Peoples Leasing and Fin. Services Ltd.
Announcement published

Original announcement

(PLFSL: Basis of Qualification): The auditor of the company has given the following "Basis of Qualification" paragraph in the audit report of the company for the year ended on 31 December 2016: Basis of Qualification: i) The cost value of the subsidiary company PLFS investment was Tk. 160,597,500.00. Total equity of this subsidiary as on 31.12.2016 was Tk. 90,723,534.00 and as a result investment was reduced by Tk. 69,873,966.00. Provision against these investments were not made (cont.1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004005efc7
Original publication
Last verified by BullBD
Translation
BullBD
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