Corporate DisclosurePREMIERBAN
PREMIERBAN Corporate Disclosure — 7 July 2020
Announcement summary
- What happened
- PREMIERBAN published a corporate disclosure on 7 July 2020. Read the full announcement for details.
- Company
- The Premier Bank PLC.
- Announcement published
Original announcement
(Continuation news of PREMIERBAN): are of no legal effect as being ultravires to the provisions of section 3(1) and Second Schedule of the Value Added Tax Act, 1991. The matter is under adjudication and the outcome is uncertain. The Bank has started to pay VAT at source on office rent from April 2019. b) Rent expense is reduced for the year in compliance with the requirements of IFRS-16 Leases. " (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056bf9
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from PREMIERBAN
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.