Corporate DisclosureITC
ITC Corporate Disclosure — 28 October 2019
Announcement summary
- What happened
- ITC published a corporate disclosure on 28 October 2019. Read the full announcement for details.
- Company
- IT Consultants PLC.
- Announcement published
Original announcement
(Continuation news of ITC): gradation of the intangible assets. So the amortization of intangibles is the process of expensing the cost of an intangible asset over the projected life of the assets. The Management of the Company has considered to the estimated useful life of the intangible assets 20-40 years based on existing and future consistency of the Technological Infrastructure with its business arena and consequently the amortization rates have applied as per following manner: (cont. 6)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b000040058936
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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