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): been overstated and profit have been overstated by the amount of BDT 49,999,706. However, the company has initiated arbitration process at Arbitral Tribunal, Dhaka dated 03 October, 2020 for recovery of the investment and profit from Banglalion. Emphasis of matter: Without further qualifying our opinion, we draw attention to the following matters: 1. As disclosed in note #4.2 & 4.3 of the financial statements, where the company has presented its (cont. 6)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b00004005314d
Original publication
Last verified by BullBD
Translation
BullBD
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