Corporate DisclosureJUTESPINN

JUTESPINN Corporate Disclosure — 20 November 2014

Published
Last verified by BullBD

Announcement summary

What happened
JUTESPINN published a corporate disclosure on 20 November 2014. Read the full announcement for details.
Company
Jute Spinners Ltd.
Announcement published

Original announcement

(Continuation of News of JUTESPINN):5.During the year the Directors of the Company took loan for various purposes throughout the year which are disclosed in note 5.01 under the head Advance, Deposit and Prepayments, in the Statement of Financial Position. However as on June 30, 2014, the loan of the Directors exceeds their shareholding position, which constitutes a departure from Section 103 of the Companies Act 1994. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf4d5a6b00004006578d
Original publication
Last verified by BullBD
Translation
BullBD
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