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): where we found that inventories amounting to BDT 579,682,808 were not recorded in the books of account, which indicated incomplete reporting in the financial statements. We also found that inventory register was not maintained properly. As a result, we are unable to confirm the physical existence of the items of inventories and its value as on 30 June 2018. 3. As disclosed in Note # 8, the Company has reported an amount of BDT 3,235,740,095 as receivable (cont. 4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005afcc
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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