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
Basis for Qualified Opinion: 1. In note # 2.1 to the financial statements, the Company has reported an amount of BDT 489,606,950 as addition to property, plant and equipment (PPE) resulting from increase in Bangladesh currency equivalent to the foreign currency loan liabilities, relating to acquisition of such PPE, due to change in exchange rates during the year ended on 30 June 2019. Again, the Company capitalized BDT 1,968,449,324 as an addition to capital work in progress (cont. 1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400580b1
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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