Corporate DisclosurePOWERGRID

POWERGRID Corporate Disclosure — 27 November 2019

Published
Last verified by BullBD

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): 3. Note # 5 to the financial statements includes inter-alia inventory in transit (under capital work in progress) amounting to BDT 2,063,539,050 out of which we have checked, on a sample basis, inventory in transit amounting to BDT 362,696,086 (18% of the total inventory in transit) and found that 3 lots having carrying value of BDT 234,620,563 in total were delivered to respective GMDs during the prior years. One lot for BDT 83,937,832 was delivered (cont. 9)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400580a9
Original publication
Last verified by BullBD
Translation
BullBD
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