Corporate DisclosureTITASGAS

TITASGAS Corporate Disclosure — 4 December 2018

Published
Last verified by BullBD

Announcement summary

What happened
TITASGAS published a corporate disclosure on 4 December 2018. Read the full announcement for details.
Company
Titas Gas Transmission and Distribution PLC.
Announcement published

Original announcement

(Continuation news of TITASGAS): an actuarial valuation at Tk. 160 crore. Out of which only an amount of Tk. 50 crore was provided for till the year 2014 - 15. As a result, an amount of Tk. 110 crore remained short in provision for Pension Fund up to the year 2009 - 2010. In addition, provision @ 12.5% of the basic salary has been made from January 2012 to 30 June 2018. No further actuarial valuation has been done by Company to determine the exact amount of required provision for (cont.3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005b010
Original publication
Last verified by BullBD
Translation
BullBD
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