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 Company has made a preliminary assessment on the impact of the adoption of IFRS 16 on the financial statements. With the adoption of IFRS 16, the Company would recognize a Right-of-Use Asset (i.e. the right to use the office building, branches, service centers etc.) and a corresponding liability. The asset and liability are initially measured at the present value of unavoidable lease payments. (cont.4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056aa6
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from PEOPLESINS
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.