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): statements, the inventory in transit of BDT 140,227,650 is shown under Capital work-in-progress. Out of this inventory in transit, BDT 118,580,523 has remained unchanged since 2014 without any adjustment. It is very unlikely for any inventory booked in transit account to remain unchanged for such a long period without recognizing it as a part of property, plant & equipment, thus resulting in understatement of property, (cont.8)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b0000400552c9
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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