Corporate DisclosureDHAKAINS
DHAKAINS Corporate Disclosure — 17 August 2020
Announcement summary
- What happened
- DHAKAINS published a corporate disclosure on 17 August 2020. Read the full announcement for details.
- Company
- Dhaka Insurance Limited
- Announcement published
Original announcement
We draw attention to Schedule-B (Allocation of Management Expenses), Gross premium income against Marine Insurance was Tk. 200,524,784 during the year under audit and on the basis of IDRA's circular No. 280/Ain/2019 dated 3 February 2019 maximum limit of management expenditure that can be incurred is Tk. 51,631,196.00. The company has made management expenditure of Tk. 57,608,878.07 which is Tk. 5,977,682.07 excess over the allowable limit. Our opinion is not modified in respect of this matter.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b00004005666f
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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