Corporate DisclosurePRIMELIFE
PRIMELIFE Corporate Disclosure — 15 July 2019
Announcement summary
- What happened
- PRIMELIFE published a corporate disclosure on 15 July 2019. Read the full announcement for details.
- Company
- Prime Islami Life Insurance Ltd.
- Announcement published
Original announcement
(Continuation news of PRIMELIFEF): The Company recognizes the Gratuity payment in accordance with cash basis instead of accrual basis which is not compliance of IAS 19 'Employee benefits'. Therefore, the total fund has overstated and liability against gratuity is understated to that extent. (End)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b000040059733
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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