Corporate DisclosurePOWERGRID
POWERGRID Corporate Disclosure — 5 December 2018
Announcement summary
- What happened
- POWERGRID published a corporate disclosure on 5 December 2018. Read the full announcement for details.
- Company
- Power Grid Company of Bangladesh Ltd.
- Announcement published
Original announcement
(Continuation news of POWERGRID): As per Para 28 of BAS 21: Effects of Changes in Foreign Exchange Rates, the said amount should be recognized as a loss in the Statement of Profit or Loss and Other Comprehensive Income. However, this exchange loss is capitalized with the relevant assets in line with the Companies Act, 1994 as the said loan was obtained for those assets. (cont. 8)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005afc8
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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