Corporate DisclosurePOWERGRID
POWERGRID Corporate Disclosure — 18 November 2020
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): plant & equipment and overstatement of capital work-in-progress. Also, Note-7 to the financial statements discloses inventories BDT 2,069,593,343 out of which BDT 19,748,332 has been delivered to the project named, "National Power Transmission Network Development (NPTND) " in 2018-19, but no accounting entry for this delivery has been given, thus resulting in overstatement of inventory with corresponding (cont.9)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b0000400552c8
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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