Corporate DisclosureSONARBAINS
SONARBAINS Corporate Disclosure — 22 May 2019
Announcement summary
- What happened
- SONARBAINS published a corporate disclosure on 22 May 2019. Read the full announcement for details.
- Company
- Sonar Bangla Insurance Ltd.
- Announcement published
Original announcement
(Continuation news of SONARBAINS): and having conformity with the records of the Company. Management should take proper initiative to realize the balance as early as possible. iv. As described in the note 9.1 in the financial statements regarding liability for taxation, in this case actual demand of the tax authority is higher than the liability recognized in the financial statements, so the actual liability is contingent and issue is under process of litigation. (cont.3)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b000040059bbb
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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