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): identification number etc. Valuation and physical verification of plant and machinery transferred from Bangladesh Power Development Board (BPDB) and Dhaka Power Distribution Company (DPDC) was not conducted. No physical verification of PPE was conducted either at the year-end or any time during the period under audit. We are unable to confirm the authenticity as to the physical existence of PPE as on 30 June 2016. The Company has never performed (cont. 2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004006054b
Original publication
Last verified by BullBD
Translation
BullBD
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