Corporate DisclosureBDWELDING
BDWELDING Corporate Disclosure — 7 September 2020
Announcement summary
- What happened
- BDWELDING published a corporate disclosure on 7 September 2020. Read the full announcement for details.
- Company
- Bangladesh Welding Electrodes Ltd.
- Announcement published
Original announcement
(Continuation news of BDWELDING): in the absence of getting insurance claim and not being able to adjust the liability of the bank against goods under LTR/pledge. Since the factory shifting continuing, retaining of the damaged goods and carrying the same to the new-factory becoming meaningless. The liability of the bank against damaged goods has been adjusted, hence this provision was made. Note 22.05 - Provision for Bad and Doubtful Debts: Balance of Provision (cont. 8)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b00004005634f
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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