Corporate DisclosurePOWERGRID

POWERGRID Corporate Disclosure — 18 November 2020

Published
Last verified by BullBD

Announcement summary

What happened
POWERGRID published a corporate disclosure on 18 November 2020. Read the full announcement for details.
Company
Power Grid Company of Bangladesh Ltd.
Announcement published

Original announcement

(Continuation news of POWERGRID): we could not verify such liabilities' closing balance. On the other hand, in note#21.1 to the financial statements, the Company discloses the provision for Workers' Profit Participation Fund. The Company has stated to have formed a separate Trustand Trust meeting minutes are available, but no Trust Deed was found in this regard. The Company makes full contributions with regard to workers' profit participation, workers' welfare and Bangladesh (cont.22)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b0000400552bb
Original publication
Last verified by BullBD
Translation
BullBD
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