Corporate DisclosureFEDERALINS
FEDERALINS Corporate Disclosure — 22 June 2021
Announcement summary
- What happened
- FEDERALINS published a corporate disclosure on 22 June 2021. Read the full announcement for details.
- Company
- Federal Insurance PLC
- Announcement published
Original announcement
The auditor of the Federal Insurance Company Ltd. has given the "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Emphasis of Matter: We draw attention to the fact disclosed in note -4.02.04, 07, 39 and annexure -C. Note no. 4.02.04: The sponsor shareholding is 35.72% against 60% as required by insurance act 2010 section 21 (3) and schedule 1. On the other hand, the sponsors and directors of the company are holding more than the 30% shares (cont.1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b00004005327f
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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