Corporate DisclosureSONARBAINS

SONARBAINS Corporate Disclosure — 27 July 2017

Published
Last verified by BullBD

Announcement summary

What happened
SONARBAINS published a corporate disclosure on 27 July 2017. Read the full announcement for details.
Company
Sonar Bangla Insurance Ltd.
Announcement published

Original announcement

(Continuation news of SONARBAINS): Management should take necessary steps to realize/adjust the balances. ii.The management needs to make arrangement to introduce the Workers Profit Participation Fund (WPPF) in the company with compliance of applicable rules and regulations. iii. As described in the note 9.1 in the financial statements regarding liability for taxation, in this case actual demand of the tax authority is higher than the liability recognized in the financial statements, (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004005efc0
Original publication
Last verified by BullBD
Translation
BullBD
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