Corporate DisclosureFEDERALINS
FEDERALINS Corporate Disclosure — 15 September 2020
Announcement summary
- What happened
- FEDERALINS published a corporate disclosure on 15 September 2020. Read the full announcement for details.
- Company
- Federal Insurance PLC
- Announcement published
Original announcement
(Continuation news of FEDERALINS): Note- 2.3.13.3 Worker Profit Participation Fund (WPPF): In the year 2013, an amendment has been made in section-232 of Labour Law-2006. Due to the amendment, the Company requires to maintain Workers Profit Participation Fund (WPPF). However, the company did not make provision for the years 2013 to 2019, amounting to Tk. 29,402,593. The company will make provision in forthcoming years in this regard. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056235
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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