Corporate DisclosureFAREASTLIF
FAREASTLIF Corporate Disclosure — 8 November 2020
Announcement summary
- What happened
- FAREASTLIF published a corporate disclosure on 8 November 2020. Read the full announcement for details.
- Company
- Fareast Islami Life Insurance Co. Ltd.
- Announcement published
Original announcement
(Continuation news of FAREASTLIF): as disclosed in note no. 3.11.2 to the financial statements the management has decided to recognize the obligation of benefit plans on cash basis. Emphasis of Matter: We draw attention to the note no. 22.B of the financial statements which describes the recognition of fixed assets on fair value. The company has not recognized any depreciation on the revalued amount of fixed assets. (cont.5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055684
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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