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): the said amount. 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 the 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 total amount. Also the company is yet to generate any profit from this investment. The company has (cont. 3)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055fc9
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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