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): either at the year-end or any time during the year under audit. As such we are unable to confirm the authenticity of the physical existence of PPE as of 30 June 2020. Out of the total assets of the Company, PPE is 48.82% which remains unverified as to its quantity. Moreover, the Company has never performed impairment test of its PPE which is also a non-compliance with IAS 36. 3. As disclosed in note # 5 to the financial (cont.7)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b0000400552ca
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from POWERGRID
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.