Corporate DisclosureFEDERALINS
FEDERALINS Corporate Disclosure — 15 September 2020
Announcement summary
- What happened
- FEDERALINS published a corporate disclosure on 15 September 2020. Read the full announcement for details.
- Company
- Federal Insurance PLC
- Announcement published
Original announcement
(Continuation news of FEDERALINS): for this expected credit loss in forthcoming years. Note- 7.00 Gratuity: Balance of Gratuity was Tk. 1,000,000.00 as at 31 December 2019 and was Tk. 0 as at 31 December 2018. Estimated liability for Gratuity is amounting to Tk. 61,916,900 but the company made past service cost for defined employees benefit obligation (gratuity) Tk. 1,000,000 during the year. Rest of the provision Tk. 60,916,900 will be made in forthcoming years. (cont. 8)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056236
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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