Corporate DisclosurePHENIXINS

PHENIXINS Corporate Disclosure — 30 June 2021

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Last verified by BullBD

Announcement summary

What happened
PHENIXINS published a corporate disclosure on 30 June 2021. Read the full announcement for details.
Company
Phoenix Insurance PLC.
Announcement published

Original announcement

The auditor of the Phoenix Insurance Company Ltd. has given the "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Emphasis of Matter: In line with Bangladesh Labour Law 2006 u/s 232 & 234 the company has yet to incorporate Workers' Profit Participation Fund (WPPF) and gratuity fund. The entity has reported an amount of Tk. 493,837,027 as sundry debtor which constitutes of: Agent balance of Tk. 3,249,853, (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b00004005311d
Original publication
Last verified by BullBD
Translation
BullBD
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