Corporate DisclosureJUTESPINN
JUTESPINN Corporate Disclosure — 22 November 2020
Announcement summary
- What happened
- JUTESPINN published a corporate disclosure on 22 November 2020. Read the full announcement for details.
- Company
- Jute Spinners Ltd.
- Announcement published
Original announcement
(Continuation news of JUTESPINN): shall be distributed in equal proportion to all beneficiaries in cash and one-third shall be invested in accordance with the provisions to all beneficiaries". But It appears that the Company has not distributed and utilised Workers' profit participation Fund Tk. 13,744,387 of WPPF for a long period of time violating the Bangladesh Labour Act, 2006 as amended 2013. iii.Non-Formation of Gratuity Fund & Provident Fund: The company (cont.17)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055211
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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