Corporate DisclosurePOWERGRID
POWERGRID Corporate Disclosure — 27 November 2019
Announcement summary
- What happened
- POWERGRID published a corporate disclosure on 27 November 2019. Read the full announcement for details.
- Company
- Power Grid Company of Bangladesh Ltd.
- Announcement published
Original announcement
(Continuation news of POWERGRID): During our visit to 5 GMDs, we observed that the physical store statement showed the inventory of BDT 365,739,960 as against BDT 350,555,591 as per the accounts ledger, the difference being BDT 15,184,369. 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 2019. (cont. 12)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400580a6
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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