Corporate DisclosureSUMITPOWER

SUMITPOWER Corporate Disclosure — 14 October 2019

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Last verified by BullBD

Announcement summary

What happened
SUMITPOWER published a corporate disclosure on 14 October 2019. Read the full announcement for details.
Company
Summit Power Limited
Announcement published

Original announcement

Emphasis of Matter: Auditor draws attention to the following notes to the financial statements: Note 11.1 wherein Management has explained that the receivables from Bangladesh Rural Electrification Board (BREB) is recoverable based on the outcome of writ petition filed in the High Court Division of the Honorable Supreme Court. Note 1.3 wherein the Management has explained that it is currently in negotiations with BREB for amendment of Power Purchase Agreement (PPA), (cont. 1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040058d0c
Original publication
Last verified by BullBD
Translation
BullBD
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