Corporate DisclosureTITASGAS
TITASGAS Corporate Disclosure — 19 October 2021
Announcement summary
- What happened
- TITASGAS published a corporate disclosure on 19 October 2021. Read the full announcement for details.
- Company
- Titas Gas Transmission and Distribution PLC.
- Announcement published
Original announcement
(Continuation news of TITASGAS): as per actuarial valuation done by M/s. AIR CONSULTING. As on the said date the Company's assets for the pension fund was only Tk. 92.00 crore resulting in a shortfall of provision of Tk. 1,000.60 crore for the said fund. The actuary firm, M/S. AIR CONSULTING recommended to make an annual provision of; Option:1- Tk. 200.00 crore immediately and paying Tk. 16.92 crore per month to repair the maintaining deficit in 5 years from the date (cont.3)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616e716503147376ea6a8f9d
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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