Corporate DisclosurePROGRESLIF
PROGRESLIF Corporate Disclosure — 10 February 2020
Announcement summary
- What happened
- PROGRESLIF published a corporate disclosure on 10 February 2020. Read the full announcement for details.
- Company
- Progressive Life Insurance Co. Ltd.
- Announcement published
Original announcement
(Continuation news of PROGRESLIF): a) As disclosed in Annexure A of note 14 of the financial statements, management describes the reason for not charging depreciation on Flats at Eastern Arzoo, 61, Bijoynagar, Dhaka (2nd, 4th, 8th floor (2732 sq.ft.) & 7th floor, (unit 7/1-8, 3777 sq. ft.) Note Annexure-A: Based on the straight-line method of depreciation and annual rate of 2.5% for the building as per the company policy, management has decided not to (cont. 5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b00004005775f
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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