Corporate DisclosureEASTERNINS

EASTERNINS Corporate Disclosure — 19 July 2017

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Last verified by BullBD

Announcement summary

What happened
EASTERNINS published a corporate disclosure on 19 July 2017. Read the full announcement for details.
Company
Eastern Insurance PLC.
Announcement published

Original announcement

Basis for Qualified Opinion:The auditor of the company has given the following "Basis for Qualified Opinion" paragraph in the audit report of the company for the year ended on 31 December 2016: Basis for Qualified Opinion: i. As reported under notes to the financial statements 22, the company has shown stock dividend amounting to Taka 9,202,650.00 as income of Eastern Insurance Company Limited. As a result, the company's profit has been overstated to the same extent. (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004005f0ee
Original publication
Last verified by BullBD
Translation
BullBD
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