Corporate DisclosurePRIMELIFE

PRIMELIFE Corporate Disclosure — 29 June 2021

Published
Last verified by BullBD

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): statements, the Company has recognized provision amounting to BDT 33,701,216 against the gratuity fund for the financial year ended 31 December, 2020. However, during our audit period, we have calculated the required provision against gratuity to be BDT 190,221,146. Hence the required provision is not adequate and under provided by BDT 156,519,930 (BDT 190,221,146-BDT 33,701,216) for the year under audit. (cont.8)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b00004005314b
Original publication
Last verified by BullBD
Translation
BullBD
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