Corporate DisclosurePOWERGRID

POWERGRID Corporate Disclosure — 18 November 2020

Published
Last verified by BullBD

Announcement summary

What happened
POWERGRID published a corporate disclosure on 18 November 2020. Read the full announcement for details.
Company
Power Grid Company of Bangladesh Ltd.
Announcement published

Original announcement

(Continuation news of POWERGRID): BDT 512,798,455 as against BDT 342,990,142 as per the accounts ledger, the difference being BDT 169,808,313. As a result, the physical existence and value of the inventory could not be confirmed. We had no other practical alternative auditing procedure that we could apply to confirm the physical existence as well as the value thereof as on 30 June 2020. 5. As disclosed in note # 8 to the financial statements, the Company (cont.11)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b0000400552c6
Original publication
Last verified by BullBD
Translation
BullBD
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