Corporate DisclosureNTC
NTC Corporate Disclosure — 19 May 2014
Announcement summary
- What happened
- NTC published a corporate disclosure on 19 May 2014. Read the full announcement for details.
- Company
- National Tea Company Ltd.
- Announcement published
Original announcement
(Basis for Qualified Opinion): The auditor of the company has given the following Basis for Qualified Opinion in the audit report of the company for the year ended on 31 December 2013: "Basis for Qualified Opinion". I. The company has lost physical possession on land area of 6.8 acres in Lackatoorah tea Estate. In this connection, 5 civil suits are pending in various courts to restore the physical possession and other related matters; and II. The ownership of Patiya Tea Estate has not yet been transferred to NTC and legal suit is pending for ownership of Khetland of Parkul Tea Estate.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf6b5a6b000040066096
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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