Corporate DisclosureCITYGENINS

CITYGENINS Corporate Disclosure — 22 July 2020

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Last verified by BullBD

Announcement summary

What happened
CITYGENINS published a corporate disclosure on 22 July 2020. Read the full announcement for details.
Company
City Insurance PLC.
Announcement published

Original announcement

The auditor of City General Insurance Company Limited has given the following "Qualified Opinion " in the audit report of the company prepared for the year ended on 31 December 2019. Qualified Opinion: In note 8, 'Amount due from other persons or bodies carrying on insurance business', BDT. 12,14,73,852 is shown as due from Shadharon Bima Corporation (SBC). Upon inquiry, the aging schedule, reconciliation of the figure with SBC and claim (cont. 1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056a23
Original publication
Last verified by BullBD
Translation
BullBD
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