Corporate DisclosureSIMTEX
SIMTEX Corporate Disclosure — 22 November 2020
Announcement summary
- What happened
- SIMTEX published a corporate disclosure on 22 November 2020. Read the full announcement for details.
- Company
- Simtex Industries PLC.
- Announcement published
Original announcement
(Continuation news of SIMTEX): items of inventories, closing inventories reported in the financial statements were overstated. 2. As disclosed in Note # 5.00, The company reported trade receivables of BDT 681,752,440 in the statement of financial position as on 30 June 2020. The above balances remained outstanding against letters of credit (LCs) denominated in USD and is subject to realization upon receipt of supporting documents from the banks following (cont.5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055235
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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