Corporate DisclosureINTRACO
INTRACO Corporate Disclosure — 31 January 2019
Announcement summary
- What happened
- INTRACO published a corporate disclosure on 31 January 2019. Read the full announcement for details.
- Company
- Intraco Refueling Station PLC
- Announcement published
Original announcement
Continuation news of INTRACO): of 5 Subsidiary companies has decided that IRSL will take over all assets and liabilities of 5 subsidiaries companies through merger. As a result, it would be efficient for IRSL by reducing management cost and availing tax benefit i.e. 25% tax rate instead of 35% tax rate for all 5 subsidiaries companies. Moreover, it will also reduce double taxation in case of dividend declared by the subsidiaries companies. (cont. 2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005a8c4
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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