Corporate DisclosureFEDERALINS

FEDERALINS Corporate Disclosure — 15 September 2020

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Last verified by BullBD

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): and Collection Control Account amounting Tk. 30,489,571) which is doubtful of recovery. The company made loss allowance for this expected credit losses of Tk. 1,000,000 and balance of this expected credit loss Tk. 218,276,027. The company will make loss allowance for this expected credit loss in forthcoming years. Note- 20.03 Deposit & Prepayments: (cont. 6)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056238
Original publication
Last verified by BullBD
Translation
BullBD
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