Corporate DisclosureFEDERALINS
FEDERALINS Corporate Disclosure — 10 March 2021
Announcement summary
- What happened
- FEDERALINS published a corporate disclosure on 10 March 2021. Read the full announcement for details.
- Company
- Federal Insurance PLC
- Announcement published
Original announcement
The auditor of Federal Insurance Company Ltd has given the following "Qualified Opinion" paragraph in the audit report of the Company prepared for the year ended on 31 December 2019. Basis for Qualified Opinion: 1. The company did not make loss allowance for expected credit losses as per IFRS-9 against Outstanding premium, Advance against others and deposit & prepayments. Quantitative information has been disclosed by the management in notes 18, 20.02, (cont.1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b00004005419d
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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