Corporate DisclosureTITASGAS
TITASGAS Corporate Disclosure — 27 November 2019
Announcement summary
- What happened
- TITASGAS published a corporate disclosure on 27 November 2019. Read the full announcement for details.
- Company
- Titas Gas Transmission and Distribution PLC.
- Announcement published
Original announcement
(Continuation news of TITASGAS): for the said fund has increased by an amount of Tk. 59.62 crore and an amount of Tk. 51.58 crore has been paid by the Company to the outgoing employees as final settlement. As such, the required provision for pension fund as on 30 June 2019 has stood at Tk. 827.78 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 (cont. 4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400580c5
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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