Corporate DisclosureTITASGAS

TITASGAS Corporate Disclosure — 27 October 2020

Published
Last verified by BullBD

Announcement summary

What happened
TITASGAS published a corporate disclosure on 27 October 2020. Read the full announcement for details.
Company
Titas Gas Transmission and Distribution PLC.
Announcement published

Original announcement

(Continuation news of TITASGAS): Company has made provision of Tk. 124 crore only till 30 June 2020. A further provision of Tk. 24.84 crore for the year 2018-19 and Tk. 24.00 crore for the year 2019-20 has been kept in the accounts. As a result, the provision for pension fund has remained short by Tk. 736.08 crore in the accounts as on 30 June 2020. c. Due to delay in payment of bills by the bulk customers (Power- PDB) the Company calculates and charges penal interest (cont.6)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055afc
Original publication
Last verified by BullBD
Translation
BullBD
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