Corporate DisclosurePROGRESLIF
PROGRESLIF Corporate Disclosure — 6 December 2020
Announcement summary
- What happened
- PROGRESLIF published a corporate disclosure on 6 December 2020. Read the full announcement for details.
- Company
- Progressive Life Insurance Co. Ltd.
- Announcement published
Original announcement
(Continuation news of PROGRESLIF): non-compliance of the IFRS 15 (Revenue from contract with customers) and the IFRS 4 (Insurance contract), the premium income is not confirmed; 3. The amount of Tk. 59,061,070 (Five crore ninety lac sixty-one thousand and seventy taka only) was shown as outstanding premium in the Balance Sheets (note 18) of the company for the provided renewal premium for the month of November and December of 2019. (cont.4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040054f3e
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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