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): Out of the said aggregated amount of Tk. 94.44 crore, there is no realization till date. On a query we came to know that the said customers are not interested to pay such penal interest as well as meter rent charges which remain unrealized for long. As a result, there is a substantial doubt as regards realization of the said penal interest and meter rent receivable which require full provision in the accounts. Note: 11: Trade & other receivables: Trade & other (cont. 7)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400580c2
Original publication
Last verified by BullBD
Translation
BullBD
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