Corporate DisclosurePADMALIFE

PADMALIFE Corporate Disclosure — 28 December 2016

Published
Last verified by BullBD

Announcement summary

What happened
PADMALIFE published a corporate disclosure on 28 December 2016. Read the full announcement for details.
Company
Padma Islami Life Insurance Limited
Announcement published

Original announcement

(continuation news of PADMALIFE): The company made an advance for taka 4,438,000.00 in 2014 against floor space (Chandpur Branch) and treated as assets addition during the year of payment instead of treating as Advance against Capital Expenditure which results understatement of life Insurance Fund by taka 221,900.00 due to charging depreciation on said advance.(End)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004006065f
Original publication
Last verified by BullBD
Translation
BullBD
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