Corporate DisclosurePEOPLESINS
PEOPLESINS Corporate Disclosure — 20 July 2020
Announcement summary
- What happened
- PEOPLESINS published a corporate disclosure on 20 July 2020. Read the full announcement for details.
- Company
- Peoples Insurance PLC.
- Announcement published
Original announcement
(Continuation news of PEOPLESINS): In addition, the industry regulator, Insurance Development Regulatory Authority (IDRA) has already remained silent on the adoption of this new accounting standard. Therefore, the Company has not taken IFRS 16 adjustment on the basis of overall materiality as specified in the materiality guidance in the "Conceptual Framework for Financial Reporting" and in IAS 1 "Presentation of Financial Statements".(cont.6)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056aa4
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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