Apology Letter for 18B

Date: 26th December 2022 The Director, Foreign Exchange Investment Department,  Head Office, Bangladesh Bank. Dhaka. Through: Eastern Bank Ltd., Gulshan Branch, 100 Gulshan Avenue, Dhaka-1212. Subject: Apology letter for late submission of attached document for “Notification on the opening of Establishment Branch Office under Section – 18B of Foreign Exchange Regulation (Amendment) Act, 2015”. Dear Sir, I would like to inform you that we Sun Co., Ltd. have obtained permission on 12th November 2022 for 3 years from Bangladesh Investment Development Authority (BIDA Ref No: OPN-04Nov2021-00002) in order to set up a Branch Office to undertake the work as mentioned in the BIDA permission document. Due to not having proper knowledge about the Foreign Exchange Regulation (Amendment) Act, 2015.and lack of competent manpower, we have skipped to report Bangladesh Bank regarding the opening of Branch office under Section – 18B of Foreign Exchange Regulation (Amendment) Act, 2015”. I acknowledge that this is a violation rule and I apologize for the mistake. It is a request to accept our apology as well as accept this letter as intimation in your record according to the Foreign Exchange Regulation (Amendment) Act, 2015. Sincerely Yours, 🗸 __________________ Shumpei Nakasone Managing Director Sun Co., Ltd. (Bangladesh Branch Office)