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): The actuary firm, M/S. Z Halim & Associates recommended to make an annual provision of Tk. 188.90 crore for next five years to make up the said deficit. In addition, the required provision for the said fund for the year 2018-19 and 2019-20 has increased by Tk. 59.62 crore and Tk. 59.55 core respectively. Further Tk. 51.58 crore and Tk. 49.28 crore have been paid by the Company to the outgoing employees as final settlement (cont.4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055afe
Original publication
Last verified by BullBD
Translation
BullBD
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