Corporate DisclosureTITASGAS

TITASGAS Corporate Disclosure — 27 November 2019

Published
Last verified by BullBD

Announcement summary

What happened
TITASGAS published a corporate disclosure on 27 November 2019. Read the full announcement for details.
Company
Titas Gas Transmission and Distribution PLC.
Announcement published

Original announcement

(Continuation news of TITASGAS): But the Company did not make any adjustment in the accounts for the said items. It indicates that the inventories as on 30 June 2019 may include huge quantities of dead and obsolete items which could not be identified including determination values thereof due to lack of information. Thus the carrying amount of inventories of the Company as on 30 June 2019 appears to overstated. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400580bb
Original publication
Last verified by BullBD
Translation
BullBD
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