Corporate DisclosureBDWELDING
BDWELDING Corporate Disclosure — 3 January 2017
Announcement summary
- What happened
- BDWELDING published a corporate disclosure on 3 January 2017. Read the full announcement for details.
- Company
- Bangladesh Welding Electrodes Ltd.
- Announcement published
Original announcement
(continuation news of BDWELDING): As a result, physical existence of inventory could not be verified. We had no other practical alternative audit procedure that we could not apply to authenticate the physical existence as well as the value thereof as on 30 June 2016. c) The company has reported an amount of Tk. 22,79,54,578 as receivable from customers. During audit we were provided a partial list of receivables and from which ten (10) customers were sent balance confirmation letter (cont. 4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b0000400605b9
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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