Corporate DisclosureFAREASTLIF
FAREASTLIF Corporate Disclosure — 4 November 2021
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): In our opinion, provision should have been recognized in the Balance Sheet as required by IAS-19 Employee Benefits. If the provision had been so recognized the effect would have been to increase the provision for gratuity fund and decrease the Balance of life fund at 31 December 2020. Emphasis of Matters: We draw attention to the note no. 14.01 to the financial statements which describes the recognition of investment in shares at Fair value. (cont.11)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 6183579403147376ea1ba053
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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