Corporate DisclosureUSMANIAGL
USMANIAGL Corporate Disclosure — 26 November 2019
Announcement summary
- What happened
- USMANIAGL published a corporate disclosure on 26 November 2019. Read the full announcement for details.
- Company
- Usmania Glass Sheet Factory Limited
- Announcement published
Original announcement
(Continuation news of USMANIAGL): may cast significant doubt on the ability to continue as a going concern in the foreseeable future, unless the competent authority gives future liquidity support and or install new machinery with latest technology for improving operational efficiency on the certainty of installation of the new technology. Moreover, the company suffers huge liquidity crisis to meet its day to day activities. The company encashed its FDR to meet liquidity crisis without acquisition (cont. 5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400580fb
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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