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): Since these investments have remained outstanding since long and the financial condition of PFI Securities Limited being deficient, there is uncertainty over the recoverability of the total amount of these investments. The total assets has thus been overstated by BDT 1,831,777,899 (BDT 1,678,045,201 + BDT 153,732,698). However, the company has filed case #1 109/2020 and case#2 164/2020 at High court for recovery of (cont. 2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055fca
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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