Corporate DisclosureJUTESPINN

JUTESPINN Corporate Disclosure — 16 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
JUTESPINN published a corporate disclosure on 16 November 2021. Read the full announcement for details.
Company
Jute Spinners Ltd.
Announcement published

Original announcement

(Continuation news of JUTESPINN): a) The Company has taken loan total amount Tk. 21,217,041 from the Managing Director. But no agreement was made between the Managing Director and the Company which is a material misstatement by quality/nature. However, in a board meeting, the board approved any transaction with the managing director & CEO and any Directors as and when required for the interest of the company subject to the loan will be refund without any interest when (cont.12)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
61937ce903147376eacac5a8
Original publication
Last verified by BullBD
Translation
BullBD
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