Corporate DisclosurePRIME1ICBA

PRIME1ICBA Corporate Disclosure — 27 September 2021

Published
Last verified by BullBD

Announcement summary

What happened
PRIME1ICBA published a corporate disclosure on 27 September 2021. Read the full announcement for details.
Company
Prime Bank 1st ICB AMCL Mutual Fund
Announcement published

Original announcement

(Continuation news of PRIME1ICBA): it was revealed that the compliances in this regard were not being followed. 2. According to section 67 of the Securities and Exchange Commission (Mutual Fund) Rules 2001, when the market value of the investment decrease from the cost of the investment, a provision for the fair value losses shall be maintained. However, as the investment was presented at their market value, no provision in this regard was required. As per paragraph 14 of the IAS 37 (cont.3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b0000400525a8
Original publication
Last verified by BullBD
Translation
BullBD
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