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): doubt over the recoverability of the total amount. The company has not made any provision against the said amount. However, the company has initiated arbitration process to recovery of the investment and profit from Banglalion. 4. As disclosed in note #9 of the financial statements, the Company has recognized provision amounting to BDT 10,000,000 against the gratuity fund for the financial year ended 31 December, 2019. However, (cont. 5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055fc7
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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