Corporate DisclosurePRIMELIFE
PRIMELIFE Corporate Disclosure — 18 January 2023
Announcement summary
- What happened
- PRIMELIFE published a corporate disclosure on 18 January 2023. Read the full announcement for details.
- Company
- Prime Islami Life Insurance Ltd.
- Announcement published
Original announcement
(Continuation news of PRIMELIFE): as a result the deficit investment amount arises Tk. 2,353.21 million. h. Company fails to comply with the requirements of SRO 360-Ain 2019, Schedule-Ka, Regulation 3 (6) serial number: 4, Dated 19 November 2019 issued by IDRA where, mentioned that the Life Insurance Company should invest in Immovable assets maximum 20% amount on either Policyholder Liability or Insurer Assets. (cont.11)
Bangla translation
A Bangla translation is under review because critical figures or dates did not match the English disclosure.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 63c777e5b2c25841946556ec
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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