Corporate DisclosureBGIC
BGIC Corporate Disclosure — 25 May 2021
Announcement summary
- What happened
- BGIC published a corporate disclosure on 25 May 2021. Read the full announcement for details.
- Company
- Bangladesh General Insurance Company PLC.
- Announcement published
Original announcement
(Continuation news of BGIC): Emphasis of Matter: We draw attention to note 3.23 (d) of the Financial Statements, which describes the reason for net establishing Workers' Profit Participation Fund by the Company according to Bangladesh Labor Act 2006 (as amended in 2013). We refer to note 3.23 (b) of the Financial Statements, which shows that the company has not performed any actuarial valuation on gratuity fund that is a noncompliance as per IAS 19. (cont.3)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b0000400536b8
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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