Corporate DisclosureQUEENSOUTH

QUEENSOUTH Corporate Disclosure — 27 November 2019

Published
Last verified by BullBD

Announcement summary

What happened
QUEENSOUTH published a corporate disclosure on 27 November 2019. Read the full announcement for details.
Company
Queen South Textile Mills Limited
Announcement published

Original announcement

Emphasis of Matter: According to the rule no. 212 of the Bangladesh Labour Rules 2015 read with the section no. 232 of the Bangladesh Labour Law 2006 (amended 2013), the Company was supposed to introduce Worker's Profit Participation Fund (WPPF) with effect from 15th March 2016. But no such fund was introduced with retrospective effect from that date on the reason of being an units under EPZ. (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400580b9
Original publication
Last verified by BullBD
Translation
BullBD
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