Corporate DisclosureTITASGAS

TITASGAS Corporate Disclosure — 27 October 2020

Published
Last verified by BullBD

Announcement summary

What happened
TITASGAS published a corporate disclosure on 27 October 2020. Read the full announcement for details.
Company
Titas Gas Transmission and Distribution PLC.
Announcement published

Original announcement

(Continuation news of TITASGAS): adjustment in the accounts for the said items. Further, the Company conducted physical verification of inventories as on 30 June 2019. It identified huge quantities of dead and obsolete items but could not determine the value of such inventories. As a result, the value of inventories as on 30 June 2020 may include huge quantities of dead and obsolete items which could not be quantified thereof due to lack of information. Thus the (cont.12)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055af6
Original publication
Last verified by BullBD
Translation
BullBD
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