Corporate DisclosureDESCO
DESCO Corporate Disclosure — 18 November 2013
Announcement summary
- What happened
- DESCO published a corporate disclosure on 18 November 2013. Read the full announcement for details.
- Company
- Dhaka Electric Supply Company Ltd.
- Announcement published
Original announcement
(Continuation of news of DESCO): 2. 'Reference to Note No 2' "Due to improper maintenance of Fixed Assets Register total value of Property, Plant & Equipment which represents 32% of total assets of the company remain unverified." 3. 'Reference to Note No 1.4.2.3' "DESCO acquired assets from DSEA, for an amount of Tk. 2,793,960,000 but the value of these assets were estimated by DESCO, not by any independent valuation firm."(End)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf6b5a6b00004006719f
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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