Corporate DisclosureALLTEX

ALLTEX Corporate Disclosure — 10 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
ALLTEX published a corporate disclosure on 10 November 2021. Read the full announcement for details.
Company
Alltex Industries Ltd.
Announcement published

Original announcement

The auditor of the Alltex Industries Ltd has given the "Qualified Opinion" & "Emphasis of matters" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: 1. Due to scope limitation, we were unable to verify inventories amounting Tk. 339,453,924. 2. The entity made revaluation of land on 2015, but as per IAS-16, Para 31, 34 revaluations should be made with a frequency of 3 to 5 years, which is non-compliance of the said standards. (cont.1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
618b688d03147376ea6e1702
Original publication
Last verified by BullBD
Translation
BullBD
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