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): physical existence of PPE as of 30 June 2019. Out of the total assets of the Company, PPE is 58.76% which remained 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: Impairment of Assets. Note. 4: The carrying amount of PPE was reported at BDT 144,494,665,501 as on 30 June 2019. (cont. 8)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400580aa
Original publication
Last verified by BullBD
Translation
BullBD
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