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Public Disclosure Form18 December 2017
Privatization by way of merger by absorption
Disclosure of dealings in the shares of China National Building Material Company Limited
The Executive received
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What is balance?
Balance refers to the financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.
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Companies, organizations, and businesses are required to file a balance sheet as part of their financial reporting obligations.
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The purpose of a balance sheet is to provide an overview of a company's financial position and help stakeholders assess its liquidity, solvency, and overall financial health.
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A balance sheet must report all current and non-current assets, current and non-current liabilities, and shareholders' equity of a company.
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