Corporate DisclosurePRIMETEX

PRIMETEX Corporate Disclosure — 6 January 2020

Published
Last verified by BullBD

Announcement summary

What happened
PRIMETEX published a corporate disclosure on 6 January 2020. Read the full announcement for details.
Company
Prime Textile Spinning Mills Limited
Announcement published

Original announcement

The Company has informed that the Board of Directors has approved the revaluation of the Company's Fixed Assets (Land) conducted by IHS INSPECTION SERVICES (BD) Ltd. As per valuation report, the amount of Fixed Assets (Land) has been increased from Tk. 40,92,00,734.00 (carrying amount as per Audited Accounts for the year ended on June 30, 2019) to Tk. 139,50,00,000.00 which will be accounted in the financial statements for the 2nd Quarter period ended on December 31, 2019.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040057cad
Original publication
Last verified by BullBD
Translation
BullBD
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