Corporate DisclosurePURABIGEN
PURABIGEN Corporate Disclosure — 22 July 2020
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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