Corporate DisclosureRINGSHINE

RINGSHINE Corporate Disclosure — 18 November 2020

Published
Last verified by BullBD

Announcement summary

What happened
RINGSHINE published a corporate disclosure on 18 November 2020. Read the full announcement for details.
Company
Ring Shine Textiles Limited
Announcement published

Original announcement

(Continuation news of RINGSHINE): as operating lease as per IAS - 17 Leases. The company board and management in the current year also decided to recognize the lease as operating lease as per IAS - 17 Leases without considering the lease in the context of the application of IFRS 16, right-of-use assets and lease liabilities. However, the Company board and management decided to consider IFRS-16 while preparing the next year's financial statements. (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b0000400552b1
Original publication
Last verified by BullBD
Translation
BullBD
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