Corporate DisclosurePOWERGRID

POWERGRID Corporate Disclosure — 18 February 2018

Published
Last verified by BullBD

Announcement summary

What happened
POWERGRID published a corporate disclosure on 18 February 2018. Read the full announcement for details.
Company
Power Grid Company of Bangladesh Ltd.
Announcement published

Original announcement

(Continuation news of POWERGRID): However, this exchange loss is capitalized with relevant assets in line with Companies Act 1994 as the said loan was obtain for those assets. 5. As disclosed in Note # 20.4, current account with corporation and other offices includes BDT 114,745,358 and BDT (2,422,567) on account of BPDB and project-1 respectively as on 30 June 2017. Also as per Note # 13.3(A), the Company owes BDT 1,705,943,235 to BPDB. These amounts could neither be confirmed (Cont. 8)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acef05a6b00004005d529
Original publication
Last verified by BullBD
Translation
BullBD
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