Corporate DisclosureFAREASTLIF

FAREASTLIF Corporate Disclosure — 4 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
FAREASTLIF published a corporate disclosure on 4 November 2021. Read the full announcement for details.
Company
Fareast Islami Life Insurance Co. Ltd.
Announcement published

Original announcement

(Continuation news of FAREASTLIF): as an adjustment of advance to FILIC Cooperative Society made several times since 2013. However, we could not obtain sufficient appropriate audit evidence regarding the purpose of the loan to another entity. In addition, we could not obtain sufficient appropriate audit evidence of BDT 1,069.6 million of the Land and Land Developments. Furthermore, no depreciation has been charged on the revalued amount of buildings. (cont.7)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6183579403147376ea1ba04b
Original publication
Last verified by BullBD
Translation
BullBD
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