Management ChangeDESCO
DESCO Announces Management Change
Announcement summary
- What happened
- DESCO announced a management change.
- Company
- Dhaka Electric Supply Company Ltd.
- Announcement published
Original announcement
(Qualified Opinion): "MABS & J Partners", Auditor of the company, has given the following Qualified Opinion Paragraph in the audit report of the company for the year ended on 30th june, 2014: 'Reference to Note No 1.4.2.3' "DESCO acquired assets from DESA, for an amount of Tk. 2,793,960,000", but the value of these assets were estimated by DESCO, not by any independednt valuation firm. Note No 1.4.2.3' "Independent valuers had been appointed to physically verify and value the assets taken over by the company from DESA. The valuers have submitted their draft report which has been placed by the management before the board for finalization."
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf6b5a6b000040065b6c
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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