Corporate DisclosureJAMUNAOIL

JAMUNAOIL Corporate Disclosure — 28 November 2019

Published
Last verified by BullBD

Announcement summary

What happened
JAMUNAOIL published a corporate disclosure on 28 November 2019. Read the full announcement for details.
Company
Jamuna Oil PLC.
Announcement published

Original announcement

Qualified Opinion: 1) To settle outstanding dues of Bangladesh Petroleum Corporation the Company encashed FDR with various banks prior to maturity incurring Loss of Interest to the tune of Tk. 171,481,506. The principal amount of FDR (encashed) was Tk. 2,100,000,000. Out of total loss of Tk. 171,481,506 an amount of Tk. 4,129,452 was accounted for as accrued interest during the year 2016-17 and Tk.75,625,000 during 2017-18. Balance Tk. 91,727,054 on account of 2018-19 (cont.1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040058067
Original publication
Last verified by BullBD
Translation
BullBD
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