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): The depreciation of the leased asset and interest on the lease liability is recognized in the profit or loss account over the lease term replacing the previous heading lease rent expenses. As per preliminary assessment of leases for office premises, the Company has concluded that the potential impact of these lease items on the Balance Sheet and Profit or Loss Account of the Company for the year 2019 is not considered to be material. (cont.5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056aa5
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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