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): #1 109/2020 and case #2 164/2020 at High court against PFI Securities Limited for recovery of the said amount. All cases are in hearing process. 2. As disclosed in note #18.1 of the financial statements, there were Investment with 4 concerns of Sterling Group amounting to BDT 150,000,000. As these investment have been outstanding since long and in the absence of any form of agreement with these entities there is significant doubt over the recoverability of the (cont. 3)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b000040053150
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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