Corporate DisclosurePROGRESLIF

PROGRESLIF Corporate Disclosure — 10 February 2020

Published
Last verified by BullBD

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): Note 10.01-Income tax payable: Provision made during the year 31-12-2016 was Tk.10,000,000 and during the year 31-12-2015 was Tk.10,000,000. c) The Company has incurred an excess of 16% management expenses in the year 2016 from allowable limit mentioned in Section 62 of the Insurance Act, 2010. Emphasis of matter: Without further modifying our opinion we draw attention to following notes to the financial statements: (cont. 4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040057760
Original publication
Last verified by BullBD
Translation
BullBD
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