Corporate DisclosurePRIMELIFE

PRIMELIFE Corporate Disclosure — 4 December 2018

Published
Last verified by BullBD

Announcement summary

What happened
PRIMELIFE published a corporate disclosure on 4 December 2018. Read the full announcement for details.
Company
Prime Islami Life Insurance Ltd.
Announcement published

Original announcement

(Continuation news of PRIMELIFE): However, (Tk. 55,42,24,450 - Tk. 50,28,23,450) Tk. 5,14,01,000, a portion of related advance payment was recognized as cost of said asset and reported against Land under Property Plants & Equipment Tk. 12,02,67,330 reflected in the Statement of Financial Position for the year ended June, 2016, therefore understatement of asset value by Tk. 50,28,23,450. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005b016
Original publication
Last verified by BullBD
Translation
BullBD
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