Corporate DisclosureMHSML
MHSML Corporate Disclosure — 17 November 2021
Announcement summary
- What happened
- MHSML published a corporate disclosure on 17 November 2021. Read the full announcement for details.
- Company
- Mozaffar Hossain Spinning Mills Ltd.
- Announcement published
Original announcement
(Continuation news of MHSML): The above Inventories are as per physical counting made and valued by a Inventory team comprised of management nominated staff to carry out the Inventory verification except as stated below. Inventories in hand have been valued at lower of cost and net realizable value as per IAS-2. Inventories were hypothecated against working capital facilities availed from the bank (Islami Bank BD Ltd.). Due to fire in the factory on 31.10.2020, 12.02.2021 and 26.02.2021, (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 6194818803147376ead2ce7d
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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