Corporate DisclosureVAMLRBBF
VAMLRBBF Corporate Disclosure — 25 March 2019
Announcement summary
- What happened
- VAMLRBBF published a corporate disclosure on 25 March 2019. Read the full announcement for details.
- Company
- Vanguard AML Rupali Bank Balanced Fund
- Announcement published
Original announcement
(Continuation news of VAMLRBBF): unrealized loss amounting to BDT 116,835,924 as provision with "profit before provision". The fund has reported "investment in securities at cost" and "provision for erosion in value of marketable securities" separately in the statement of financial position. In view of the above, in essence, the Fund has measured the equity instruments at cost instead of netting off the value of investment which is a non-compliance of IFRS 9 Financial Instruments. (cont. 2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005a44b
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from VAMLRBBF
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.