Corporate DisclosureBDWELDING

BDWELDING Corporate Disclosure — 3 January 2017

Published
Last verified by BullBD

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): requires impairment test of property, plant and equipment and necessary disclosure in this regard. The company has no laid down policy and procedure in regard to impairment test, and no such test was carried out. b) The evidence with respect to inventory having a carrying amount of Tk. 21,00,77,780 was limited because we did not observe the counting of physical inventory as of 30 June 2016 as well as no inventory record was provided to us during audit. (cont. 3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b0000400605ba
Original publication
Last verified by BullBD
Translation
BullBD
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