Corporate DisclosureUSMANIAGL

USMANIAGL Corporate Disclosure — 22 November 2020

Published
Last verified by BullBD

Announcement summary

What happened
USMANIAGL published a corporate disclosure on 22 November 2020. Read the full announcement for details.
Company
Usmania Glass Sheet Factory Limited
Announcement published

Original announcement

(Continuation news of USMANIAGL): loss both in current as well as last few years. However, management has taken an initiative for Market Survey & Economic Feasibility on a new project for production of Container Glass instead of existing outdated Sheet Glass technology but the progress of implementing the decision is carrying significant doubt of the result of the planned project in near future. A disclosure regarding going concern has been made in (cont.4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b00004005522b
Original publication
Last verified by BullBD
Translation
BullBD
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