Corporate DisclosurePOPULARLIF
POPULARLIF Corporate Disclosure — 15 July 2019
Announcement summary
- What happened
- POPULARLIF published a corporate disclosure on 15 July 2019. Read the full announcement for details.
- Company
- Popular Life Insurance Co. Ltd.
- Announcement published
Original announcement
The auditor of the company has given the following "Qualified Opinion" paragraph in the audit report of the company prepared for the year ended on 31 December 2018. Basis for Qualified Opinion: As disclosed in the Note 17, the Company has recorded Sundry Debtors worth BDT 91,332,160.00. These represent funds that were embezzled from the Company and which the Company is now in the process of recovering through legal proceedings. (cont. 1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b000040059737
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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