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): While implementing IFRS 16, the Company observed that IFRS 16 is expected to have insignificant impact on assets and liability because the company does not acquired any leased assets except lease rental related to office space. In addition, there are no direction from National Board of Revenue (NBR) regarding treatment of lease rent, depreciation on ROU assets and interest on lease liability for income tax purposes and applicability (cont. 5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056a2b
Original publication
Last verified by BullBD
Translation
BullBD
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