Corporate DisclosureFINEFOODS

FINEFOODS Corporate Disclosure — 31 October 2021

Published
Last verified by BullBD

Announcement summary

What happened
FINEFOODS published a corporate disclosure on 31 October 2021. Read the full announcement for details.
Company
Fine Foods Limited
Announcement published

Original announcement

(Continuation news of FINEFOODS): This is a violation of the Bangladesh Labour Act 2006 Section 234, Subsection 2. Under the act, the company is supposed to pay, within 9 (nine) months of the close of every year, five percent (5%) of the net profit of the previous year at the proportion of 80:10:10 to respectively the Participatory Fund, Welfare Fund and Workers Welfare Foundation Fund established under section 14 of the Bangladesh Workers Welfare Foundation Act, 2006. (cont.4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
617e5b1203147376eae70304
Original publication
Last verified by BullBD
Translation
BullBD
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