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): during our audit period, we have calculated the required provision against gratuity to be BDT 183,769,351. Hence the required provision is under provided by BDT 173,769,351 (BDT 183,769,351-BDT 10,000,000) for the year under audit. Therefore, liability against gratuity is understated and the profit has been overstated to that extent. (cont. 6)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055fc6
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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