Corporate DisclosureSTANDARINS
STANDARINS Corporate Disclosure — 17 August 2020
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
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