Corporate DisclosurePOWERGRID

POWERGRID Corporate Disclosure — 8 January 2017

Published
Last verified by BullBD

Announcement summary

What happened
POWERGRID published a corporate disclosure on 8 January 2017. Read the full announcement for details.
Company
Power Grid Company of Bangladesh Ltd.
Announcement published

Original announcement

(continuation news of POWERGRID): and optical fibercharges. It includes receivable from DPDC and DESCO amounting to BDT 857,867,261.00 and 267,881,465.00 respectively being carried forward since 2008-2016, which includes disputed amounts with the respective companies (disputed amount with DPDC BDT 274,407,626.00 and DESCO BDT 3,106,231.00). As the mentioned disputed amounts, in our opinion, the company is very unlikely to receive the amounts in full. As provisions were not made for the above (cont. 5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b000040060548
Original publication
Last verified by BullBD
Translation
BullBD
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