Corporate DisclosureWATACHEM

WATACHEM Corporate Disclosure — 20 March 2016

Published
Last verified by BullBD

Announcement summary

What happened
WATACHEM published a corporate disclosure on 20 March 2016. Read the full announcement for details.
Company
Wata Chemicals Limited
Announcement published

Original announcement

(Continuation news of WATACHEM): revaluation reserve for depreciation adjustment for the year 2012, 2013, 2014 & 2015 as per BAS-16 (Note-21.00). 04. Raw materials stock for value of Tk. 88,100,431, finished goods stock for value of Tk. 98,489,338 and Stores & Spares for value of Tk. 2,300,000 was taken into accounts as certified by management. Inventories include old stock value of Tk. 32,557,959. No provision was made against old stock as legal case against old Directors is reportedly (cont.4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b000040062667
Original publication
Last verified by BullBD
Translation
BullBD
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