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): All cases are in hearing process. 3. As disclosed in note #13.6.1 of the financial statements, there was Investment in Banglalion Zero Coupon Bond amounting to BDT 49,999,706. Since the investment has remained outstanding since long and the financial condition of Banglalion being deficient, there is significant doubt over the recoverability of the total amount. The company has not made any provision against the said amount as a result total assets have (cont. 5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b00004005314e
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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