Corporate DisclosureFEDERALINS

FEDERALINS Corporate Disclosure — 10 March 2021

Published
Last verified by BullBD

Announcement summary

What happened
FEDERALINS published a corporate disclosure on 10 March 2021. Read the full announcement for details.
Company
Federal Insurance PLC
Announcement published

Original announcement

(Continuation news of FEDERALINS): 3. The company did not made WPPF liability as per Section -232, The Bangladesh Labour Act, 2006 (Amended on 2013), quantitative information has been disclosed by the management in note 2.3.13.3 of the financial statements; 4. Tax assessments of the company were not finalized yet for the financial years 1998 to 2019. Which indicates additional tax liability may arise and it is not practicable to quantify the financial effect in this regard. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b00004005419b
Original publication
Last verified by BullBD
Translation
BullBD
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