Corporate DisclosureSAIHAMTEX

SAIHAMTEX Corporate Disclosure — 7 January 2020

Published
Last verified by BullBD

Announcement summary

What happened
SAIHAMTEX published a corporate disclosure on 7 January 2020. Read the full announcement for details.
Company
Saiham Textile Mills Ltd.
Announcement published

Original announcement

(Continuation news of SAIHAMTEX): (i) Inventories are valued at cost price or net realizable value whichever is lower. Net realizable value is based on estimated selling price less any other cost anticipated to be incurred to make the sale. Physical verification of inventories was carried out by the management staff of the company. Inventories were pledged and hypothecated to Eastern Bank Ltd. Gulshan Branch, Dhaka as security of working capital loan. (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040057c91
Original publication
Last verified by BullBD
Translation
BullBD
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