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): total amount. Also the company is yet to generate any profit from these investment but the company has not made any provision against the said amount as a result total assets have been overstated and profit have been overstated by the amount of BDT 150,000,000. However, the company has filed case #1 318/2020 and case #2 319/2020 case #3 320/2020 and case #4 321/2020 at High court against Sterling Group for recovery of the said amount. (cont. 4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b00004005314f
Original publication
Last verified by BullBD
Translation
BullBD
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