Corporate DisclosurePRIMELIFE
PRIMELIFE Corporate Disclosure — 4 December 2018
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): IAS 19 'Employee benefits'. Therefore, the total fund has overstated and liability against gratuity is understated to that extent. 2. Advances and Deposits (refer to Note: 16) includes an amount of Tk. 502,823,450 which was paid for acquisition of land as advance payment to the Owner between 2013 to 2016. The said land had been registered in 2016, favoring the company. The concerned accounting policies of the company and (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005b018
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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