Corporate DisclosurePURABIGEN

PURABIGEN Corporate Disclosure — 22 July 2020

Published
Last verified by BullBD

Announcement summary

What happened
PURABIGEN published a corporate disclosure on 22 July 2020. Read the full announcement for details.
Company
Purabi Gen. Insurance Company Ltd.
Announcement published

Original announcement

(Continuation news of PURABIGEN): of VAT on such items. Finally, paragraph 5 of IFRS 16 provide the recognition exemptions to short term leases and leases for which the underlying asset is of low value. Although, paragraphs B3 to B8 of the Application Guidance (Appendix B) of IFRS 16 provide some qualitative guidance on low value asset, but these guidance is focused towards moveable asset. Immovable asset like rental of premises (i.e. real estate) is not covered on those guidance, (cont. 6)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056a2a
Original publication
Last verified by BullBD
Translation
BullBD
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