Corporate DisclosureINTECH
INTECH Corporate Disclosure — 1 June 2014
Announcement summary
- What happened
- INTECH published a corporate disclosure on 1 June 2014. Read the full announcement for details.
- Company
- Intech Limited
- Announcement published
Original announcement
(continuation of news of INTECH): 2.0 The company does not maintain Beneficiaries Profit Participation Fund by set a siding net profit year to year as required by Labour Laws of the country. 3.0 The closing balance of cash in hand was Tk. 4,538,053 as on 31 December 2013, which appears to be abnormally high. We were not provided with any cash custody certificate by the management. 4.0 We could not verify quantity, quality and existence of inventory of Tk. 5,524,500 as on 31 December 2013. The provisions for BAS-2 (Inventories) have not been followed for valuation of inventory. (End)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf6b5a6b000040065f72
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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