Corporate DisclosureSUMITPOWER
SUMITPOWER Corporate Disclosure — 20 May 2014
Announcement summary
- What happened
- SUMITPOWER published a corporate disclosure on 20 May 2014. Read the full announcement for details.
- Company
- Summit Power Limited
- Announcement published
Original announcement
(Basis of Qualified Opinion): The auditor of the company has given the following Basis of Qualified Opinion in the audit report of the company for the year ended on 31 December 2013: "Basis of Qualified Opinion" The Bangladesh Labour (Amendments) Act 2013 has been enacted in July 2013, which requires 5% of the company's profits to be distributed each year to a workers' profit participation fund (WPPF). The subsidiaries of the company have not made WPPF provisions as per said Labour Act requirements. (cont.-1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf6b5a6b00004006607a
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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