Corporate DisclosureSONARBAINS

SONARBAINS Corporate Disclosure — 8 July 2021

Published
Last verified by BullBD

Announcement summary

What happened
SONARBAINS published a corporate disclosure on 8 July 2021. Read the full announcement for details.
Company
Sonar Bangla Insurance Ltd.
Announcement published

Original announcement

(Continuation news of SONARBAINS): 2) The Company's subsidiary, Sonar Bangla Capital Management, has equity worth BDT 94,116,000 as Share Money Deposit. The subsidiary has held on to these deposits and not converted them into paid-up share capital within six (6) months of receiving the funds which is a non-compliance of Financial Reporting Council Bangladesh Circular 2020/01 dated 11 February 2020. (cont. 2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040053058
Original publication
Last verified by BullBD
Translation
BullBD
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