Corporate DisclosureSAIFPOWER

SAIFPOWER Corporate Disclosure — 15 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
SAIFPOWER published a corporate disclosure on 15 November 2021. Read the full announcement for details.
Company
SAIF Powertec Limited
Announcement published

Original announcement

(Continuation news of SAIFPOWER): The management of the company tried to disburse the amount to workers through banking channel but in fact, it was very hard to find a separate bank account of all the workers. Considering circumstance and requirement for compliance with chapter-XV section 234 (a) & (b) of Bangladesh Labour Act-2006, the management of the Company decided to pay out the benefit in cash basis. (cont.4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
61920a9903147376eab0eddc
Original publication
Last verified by BullBD
Translation
BullBD
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