Corporate DisclosurePADMALIFE
PADMALIFE Corporate Disclosure — 28 December 2016
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
The auditor of the company has given the following 'Emphasis of Matter' paragraph in the audit report of the company prepared for the year ended on 31 December 2015. Emphasis of Matters: 1. As per Fixed Assets schedule of the company, the value of Padma Life Tower was shown including Land & Building value as per agreement which is clear violation of BAS-16 para-58. The value of Land and Building should be shown separately. As result the company understated Life Insurance Fund (cont. 1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b000040060662
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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