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): Foreign currency exchange difference of BDT 489,606,950 arising from foreign currency denominated loans and borrowings taken by the Company for acquisition of property, plant and equipment has been added with the carrying amount of capital works-in-progress and property, plant and equipment as required under the provision of Section 185, read with, Part-1, Schedule XI of the Companies Act 1994 since the loans were used in the projects (cont. 4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400580ae
Original publication
Last verified by BullBD
Translation
BullBD
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