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): 30 June 2018 was Tk. 819.74 crore as per actuarial valuation done by M/S Z Halim & Associates. As on the said date the Company's provision for the pension fund was only Tk.30.00 crore resulting in a shortfall of provision of Tk. 789.74 crore for the said fund. 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. Further, for the year under audit the required provision(cont.3)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400580c6
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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