Corporate DisclosureSTANDARINS

STANDARINS Corporate Disclosure — 17 August 2020

Published
Last verified by BullBD

Announcement summary

What happened
STANDARINS published a corporate disclosure on 17 August 2020. Read the full announcement for details.
Company
Standard Insurance PLC.
Announcement published

Original announcement

(Continuation news of STANDARINS): It introduces significant changes to lessee accounting by removing the distinction between operating and finance lease and requiring the recognition of a right -of -use asset and a lease liability at commencement for all leases, except for short- term leases and leases of low value assets. However, the management of the company opted not to adopt the new standard (cont. 2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b00004005666d
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.