Corporate DisclosureSONARGAON
SONARGAON Corporate Disclosure — 17 November 2021
Announcement summary
- What happened
- SONARGAON published a corporate disclosure on 17 November 2021. Read the full announcement for details.
- Company
- Sonargaon Textiles Ltd.
- Announcement published
Original announcement
(Continuation news of SONARGAON): 2. The company have not paid its WPPF contribution for the year 2018-2019 and 2019-2020. This is a violation of the Bangladesh Labour Act 2006 Section 234, Subsection 2. Under the act, the company is supposed to pay, within 9 (nine) months of the close of every year, five percent (5%) of the net profit of the previous year at the proportion of 80:10:10 to respectively the Participatory Fund, (cont.3)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 619482f103147376ead33d31
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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