Fenaka decides to withhold Ramadan gifts promised to employees
12 ފެބުރުއަރީ 2026 | ބުރާސްފަތި 15:54Fenaka Corporation management has reportedly canceled its initial decision to provide STO shopping vouchers to all employees as a Ramadan gift this year. Although staff were previously informed that the vouchers would be issued on March 11th for use at STO outlets, a memo was released on March 10th nullifying the decision without providing an official reason for the withdrawal of the gift.
Fenaka employees at work. | Mohamed Shifau | Mohamed Shifau
Fenaka Corporation Limited has decided to cancel the distribution of Ramadan gifts previously promised to its employees.
Fenaka Corporation issued an internal memo on the 10th of this month to inform its employees of the decision. RaajjeMV has obtained a copy of this memo.
The memo stated that management had initially decided to provide an STO voucher to every employee as a gift for this year's Ramadan. However, that decision has now been rescinded.
A Fenaka employee stated that the company has not traditionally provided special gifts for Ramadan in previous years, and the reason for introducing the initiative this year remains unclear. The employee further noted that the vouchers can be redeemed for goods at STO outlets and confirmed they were informed that the distribution of these vouchers would begin on the 11th of this month.
Furthermore, he stated that the decision to cancel the initiative was reportedly only communicated after employees began inquiring about the status of the vouchers.
Fenaka has not disclosed the reason behind its decision to withhold the Ramadan gifts previously promised to its employees. Furthermore, the company has yet to provide an official comment regarding the matter.
