Corporate DisclosurePRIMELIFE
PRIMELIFE Corporate Disclosure — 29 June 2021
Announcement summary
- What happened
- PRIMELIFE published a corporate disclosure on 29 June 2021. Read the full announcement for details.
- Company
- Prime Islami Life Insurance Ltd.
- Announcement published
Original announcement
(Continuation news of PRIMELIFE): requiring the recognition of a right-of-use asset and a lease liability at commencement for all leases, except for short-term leases and leases of low value assets. However, the management of the company opted not to adopt the new standard in the current financial year leading to understatement of Assets and Liabilities. In addition to above, the Company has not recognized the leases of Right-of-use assets and its Depreciation. (cont. 12)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b000040053147
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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