Corporate DisclosureSONARGAON
SONARGAON Corporate Disclosure — 26 November 2019
Announcement summary
- What happened
- SONARGAON published a corporate disclosure on 26 November 2019. Read the full announcement for details.
- Company
- Sonargaon Textiles Ltd.
- Announcement published
Original announcement
(Continuation news of SONARGAON): on the loan facilities @ 13% of CC Hypo & 16% of the Term Loan. In the current year, the bank performed a reschedule for the loan due and the difference between the old and updated loan balance was accrued by the Company as interest expense to ensure the carrying value of the loan matches the amount confirmed by the bank. Long Term Loan includes a classified loan availed from Mutual Trust Bank (MTB) with a loan balance representing taka 29,20,80,230. (cont. 6)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b00004005812b
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from SONARGAON
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.