B Mirror Desk : Concerns have been raised over the acquisition of fixed assets of Krishibid Feed, which is listed on the stock market’s SME sector. Although they were unable to provide proof, the company’s officials stated that they had acquired fixed assets.
Sources from the Dhaka Stock Exchange (DSE) disclosed this information.
According to the auditor, the corporate authorities had presented financial data indicating that they had spent Tk 1 crore 27 lakh on new fixed assets. They were unable to offer adequate justification or proof for these acquired assets, nevertheless.
It is important to note that Krishibid Feed, which was listed as a SME in 2021, has Tk 49 crore 50 lakh in paid-up capital. Investors from a variety of stock market classes, excluding directors and entrepreneurs, own 69.39 percent of this. On Wednesday, April 23, the share price of the company was Tk 14.50.
