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): for the year 2018-19 and 2019-20 respectively. As such, the required provision for pension fund as on 30 June 2020 has stood at Tk. 838.05 crore. But the management of the Company on the ground of inadequacy of fund as well as insufficient yearly profit decided to initially provide Tk. 188.90 crore in three years commencing from 2018-19 and thereafter to review the provision amount for the subsequent years against which the (cont.5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055afd
Original publication
Last verified by BullBD
Translation
BullBD
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