Corporate DisclosurePRIMELIFE
PRIMELIFE Corporate Disclosure — 4 October 2020
Announcement summary
- What happened
- PRIMELIFE published a corporate disclosure on 4 October 2020. Read the full announcement for details.
- Company
- Prime Islami Life Insurance Ltd.
- Announcement published
Original announcement
(Continuation news of PRIMELIFE): Section 21 of the Insurance Act 1938 (as amended in 2010), where it is stated that at least 60% of the issued capital shall have to be subscribed by the sponsor shareholders. 2. As disclosed in note #13.9 of the financial statements, there was Short term Investment in Prime Islam Securities Limited (the"Subsidiary") amounting to BDT 825,653,815 including profit charged of BDT 111,494,996. The company has entered into two revised finance (cont. 8)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055fc4
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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