Corporate DisclosureJUTESPINN
JUTESPINN Corporate Disclosure — 22 November 2020
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): liabilities stood Tk. 615,721,258 which exceeded its total assets of Tk. 291,990,067 by Tk. 323,731,191. We also draw attention to the labor difficulties, inability to pay creditors on due dates, adverse key financial ratios, discontinuance of dividends, inability to obtain financing for essential new product development, dis-continue existing production or other essential investments, inability to comply with terms of loan agreements, (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055220
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from JUTESPINN
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.