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): that were accounted for in capital works in progress. While IAS 21: The Effects of Changes in Foreign Exchange Rates does not allow capitalization of foreign exchange difference, the company recognized the foreign exchange loss/(gain) as part of its property, plant and equipment as allowed under the Companies Act, 1994. (cont. 5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400580ad
Original publication
Last verified by BullBD
Translation
BullBD
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