Corporate DisclosureSALAMCRST

SALAMCRST Corporate Disclosure — 14 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
SALAMCRST published a corporate disclosure on 14 November 2021. Read the full announcement for details.
Company
S. Alam Cold Rolled Steels Ltd.
Announcement published

Original announcement

(Continuation news of SALAMCRST): The borrowing cost of the Plant & Machinery were capitalized in accordance with clause 20 to 23 of IAS 23- Borrowing cost. The management at present considering the option to re-start the production with costly fuel in order to meet the power requirement of S. Alam Cold Rolled Steels Limited and another heavy industry being erected nearby and expects that both the industry shall be able to utilize full production of S. Alam Power Generation Ltd. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6190d8f903147376eaa01919
Original publication
Last verified by BullBD
Translation
BullBD
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