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): Emphasis of Matter: 1. During the year ended 30 June 2020 the company reported closing inventory of BDT 402,863,335 in the financial statements. At the attendance of year end physical inventory count of the company we noted that there were some raw materials which were obsolete and damaged nature held at the premises of the company for a long period of time. Due to non-consideration of writing off required against the cost of those (cont.4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055236
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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