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Date: 4th September 2023
The Director,
Foreign Exchange Investment Department,
Head Office, Bangladesh Bank.
Dhaka-1000.
Through: Standard Chartered Bank, 67, Gulshan Avenue, Dhaka-1212.
Subject: Intimation (3rd Time) of Branch Office Permission of Nippon Signal Company Limited under section 18B of Foreign Exchange Regulation (Amendment) Act- 2015 from Bangladesh Bank.
Dear Sir,
We, Nippon Signal Company Limited a Japan-based company is continuing a Branch office in Bangladesh by obtaining the 1st extension of BIDA Branch Office Permission for 2 (Two) years effect from 15 August 2025.
The Ref No. of Extension of Branch office Permission is OPE-20Jul2023-00001.
Now, we cordially request you to accept our intimation (3rd Time) under Section 18 (B) of the Foreign Exchange Regulation (Amendment) Act- 2015 for continuing the Branch Office. As per BIDA approval, the activities of the Branch office shall remain unchanged and we are maintaining a Bank Account with Standard Chartered Bank, Gulshan Branch, by the Name of Nippon Signal Company Limited; Account No. 01 1308916 01.
We have attached herewith the relevant documents of the Extension of Branch Office Permission.
We would really appreciate it if you kindly accept our intimation/report under Section 18 (B) of the Foreign Exchange Regulation (Amendment) Act- 2015 and inform us of your kind acceptance through the Bank above.
Sincerely Yours,
🗸
____________________
TAKUYA WAKUTSU
General Manager
Nippon Signal Company Limited
(Bangladesh Branch Office)
Enclosed:1. Copy of Latest BIDA Office Permission Extension;
2. Copy of BIDA Office Permission;
3. Copy of 2nd Intimation of Bangladesh Bank;
4. Copy of Board Resolution;
5. Acknowledgment receipt of Tax AY 2022-2023.