Corporate DisclosurePOWERGRID
POWERGRID Corporate Disclosure — 8 January 2017
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): impairment test for PPE and no policy regarding impairment was found, which a non-compliance with BAS 16 is : Property, Plant & Equipment (PPE). 2. As disclosed in Note # 7, the Company has reported an amount of BDT 808,254,057 as inventories. We have visited 20 Grid Maintenance Division (GMD) offices involving the inventories value amounting to BDT 608,057,048.00 which is 75% of total inventories. During our visits, we find that inventory register was not (cont. 3)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004006054a
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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