Corporate DisclosureSHARPIND

SHARPIND Corporate Disclosure — 17 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
SHARPIND published a corporate disclosure on 17 November 2021. Read the full announcement for details.
Company
Sharp Industries PLC
Announcement published

Original announcement

(Continuation news of RNSPIN): retained loss BDT 4,466,852,335 as on 30 June 2021, inadequate resources i.e.; NAVPS is BDT 0.15 and uncertain financing arrangement for further start. On the other hand, company management intends to restart its operation and accordingly some machineries L/C opened with SBAC Bank Limited, Principal Branch, Dhaka. These events or conditions, however indicate that a material uncertainty exists that may cast significant doubt on the Company's ability (cont.5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
619481c403147376ead2e103
Original publication
Last verified by BullBD
Translation
BullBD
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