Corporate DisclosureDESCO
DESCO Corporate Disclosure — 11 November 2020
Announcement summary
- What happened
- DESCO published a corporate disclosure on 11 November 2020. Read the full announcement for details.
- Company
- Dhaka Electric Supply Company Ltd.
- Announcement published
Original announcement
(Continuation news of DESCO): Workers Profit Participation Fund (WPPF). The company approves the requirement in this year and makes provision for 2017-18 to 2019-20. But the company didn't make provision for the years 2013-14 to 2016-17 which we have calculated amounting Tk. 201,366,278. As a result the company understates its liability by the same amount. (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b00004005557e
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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