Corporate DisclosureTITASGAS

TITASGAS Corporate Disclosure — 4 December 2018

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Last verified by BullBD

Announcement summary

What happened
TITASGAS published a corporate disclosure on 4 December 2018. Read the full announcement for details.
Company
Titas Gas Transmission and Distribution PLC.
Announcement published

Original announcement

(Continuation news of TITASGAS): as income in the year under audit on account of realized gain from sale of all assets including land, plants, pipelines, etc. at Brahmanbaria and Ashuganj Area of the Company to Bakhrabad Gas Distribution Co. Ltd (BGDCL). This gain is actually related to the year ended 30.06.2012. As a result, profit for the year ended 30 June 2018 has been overstated by the same extent. d) Due to delay in payment of bills by the bulk customers (Power- PDB) the Company calculates (cont.5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005b00e
Original publication
Last verified by BullBD
Translation
BullBD
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