Corporate DisclosurePROGRESLIF

PROGRESLIF Corporate Disclosure — 17 February 2020

Published
Last verified by BullBD

Announcement summary

What happened
PROGRESLIF published a corporate disclosure on 17 February 2020. Read the full announcement for details.
Company
Progressive Life Insurance Co. Ltd.
Announcement published

Original announcement

(Continuation news of PROGRESLIF): as revenue according to IFRS 9. Outstanding premium as at December 31, 2017 has been collected subsequently. Note 18 - Outstanding premium: Balance of Outstanding premium as on 31-12-2017 was Taka 91,482,560 and as on 31-12-2016 was Taka 49,187,192. PLICL disclosed that PLICL recognizes outstanding premium as revenue according to lFRS 9. Outstanding premium as at December 31, 2017 has been collected subsequently. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b00004005769f
Original publication
Last verified by BullBD
Translation
BullBD
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