Corporate DisclosureBDWELDING

BDWELDING Corporate Disclosure — 7 September 2020

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Last verified by BullBD

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 line with the increase in net loss as occurred during the year. d) The production facilities of the company is not operative. Note 2.04- Going Concern: During the year the company through an agreement of sale and power of attorney dated 13 June 2017 sold land 2.49 Acre and RCC structure of factory building at Tk. 398,465,000. The company received Tk. 321,139,000 against agreed value. Out of the fund, the company paid the bank loan (cont. 7)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b00004005635e
Original publication
Last verified by BullBD
Translation
BullBD
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