Corporate DisclosureJUTESPINN

JUTESPINN Corporate Disclosure — 22 November 2020

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Last verified by BullBD

Announcement summary

What happened
JUTESPINN published a corporate disclosure on 22 November 2020. Read the full announcement for details.
Company
Jute Spinners Ltd.
Announcement published

Original announcement

(Continuation news of JUTESPINN): misstatement by quality/nature. Therefore, no interest was charged by the company against the loan amount. II. The company has taken Loan from Mrs. Ayesha Kadir, wife of Director- Muhammad Shams-Ul-Kadir amounting to Tk. 3,500,000 which remained unpaid and no interest has been provided in the accounts resulting understatement of liability. III. Major portion of transaction with directors have been (cont.13)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055215
Original publication
Last verified by BullBD
Translation
BullBD
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