Corporate DisclosureECABLES
ECABLES Corporate Disclosure — 17 November 2020
Announcement summary
- What happened
- ECABLES published a corporate disclosure on 17 November 2020. Read the full announcement for details.
- Company
- Eastern Cables Ltd.
- Announcement published
Original announcement
(Continuation news of ECABLES): company revalued its assets in the year of 1987. The Company didn't revalue the asset every three or five years as per IAS-16 para 34 that's why a number of assets lying in WDV, iv. Deferred tax calculated and recognized by the company has not been properly calculated in accordance with 17 of IAS 12, Income Tax. v. Capital work in progress amounting to Tk. 4,780,888 is being carried forward for long time without any movement. (cont.4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055353
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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