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): with the courts, the loan balance is subject to confirmation. Note No. 14: Long term loan (not due secured) is Tk. 523,858,156 for the year ended on 30 June 2019 and Tk. 520,933,135 for the year ended on 30 June 2018. The Company availed loan from Rupali Bank Limited (RBL) for Unit 3 through mortgage of Company's Fixed Assets and personal guarantee of all sponsor Directors. The bank performed a reschedule for the loan in the current year. The bank charges interest (cont.5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b00004005812c
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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