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): As results the company has violated BAS-16 for recognition of Fixed Assets and also the company has understated of life Insurance Fund by taka 8,507,797.00 for charging depreciation on said fixed assets in earlier recognition. During the year the company has rectified said errors by necessary adjustment according to BAS-08. (cont.3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b000040060660
Original publication
Last verified by BullBD
Translation
BullBD
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