Corporate DisclosureENVOYTEX

ENVOYTEX Corporate Disclosure — 30 October 2019

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Last verified by BullBD

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What happened
ENVOYTEX published a corporate disclosure on 30 October 2019. Read the full announcement for details.
Company
Envoy Textiles Limited
Announcement published

Original announcement

Emphasis of Matter: We draw attention to note 25 to the financial statements. Based on legal advice, the company is confident that no liability will devolve on the company, and accordingly no additional provision for any liability has been made in the accompanying financial statements. Note 25: Provision for Current Tax as on 30 June 2019 was Tk. 94,234,347 & on 30 June 2018 was Tk. 53,581,591. This is litigation regarding current tax which has highly possible to win case no: 596, dated 23.04.2019.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400587ec
Original publication
Last verified by BullBD
Translation
BullBD
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