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): 3. Proper source documents substantiating the acquisition of certain disposed items of property, plant, and equipment, i.e. Car, Air Condition and Furniture, sold at BDT 2,867,912, BDT 42,000 and BDT 25,000 respectively were not found. No disposal adjustment has been made on the fixed assets schedule (note 20) at the time of de-recognition of such assets. As a result, actual gain/loss arising from the de-recognition (cont. 4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400576bb
Original publication
Last verified by BullBD
Translation
BullBD
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