EXTRACT FROM THE MINUTES OF A MEETING OF THE BOARD OF DIRECTORS OF SANYO ENGINEERING & CONSTRUCTION INC. DULY CONVENED, HELD AND CONSTITUTED ON 15/02/2016, AT 3-13, Nibancho, Chiyoda-ku, Tokyo.
Directors Present Signature
1. Yoshiya YAHATA __________________
2. Nobutaka YAHATA __________________
3. Takashi KATO __________________
4. Koji YAMANAKA __________________
5. Kunio MARUOKA __________________
6. Masao NAKAO __________________
7. Masaomi SATO __________________
The meeting was presided over by Nobutaka YAHATA, Director of the company and the following issues were resolved:
Resolved that all types of company accounts be opened, whenever necessary, with Prime Bank Gulshan Branch, Bangladesh in the name of SANYO ENGINEERING & CONSTRUCTION INC. Bangladesh Branch for carrying out banking transactions with the Bank.
Resolved that Mr. Yuichi Akagi is hereby authorized to open, modify, update and close bank account and sign singly all banking instruments (checks, pay orders, transfer instructions, etc) to be executed through Prime Bank Gulshan Branch, The signatures are attested.
Resolved that Mr. Yuichi Akagi is empowered and authorized by the Board to sign singly on behalf of the company all such applications, documents, deeds, give certified copies of this resolution to do all such acts, things and deeds as may be required to give effect to this resolution.
Resolved that this Board Resolution shall continue to remain valid and binding on us vis-a-vis the Prime Bank, Bangladesh, and any purported alteration, modification or withdrawal of power conferred by this Resolution to the above mentioned authorized signatories shall not be effective against the Prime Bank, Bangladesh, until such alteration/modification/withdrawal is notified to the Prime Bank, Bangladesh, and it acknowledges receipt of the same in writing; provided that such alteration/modification/withdrawal shall not prejudice any of the rights of the Prime Bank, Bangladesh that have accrued prior to such acknowledgement.
Specimen signature of Mr. Yuichi Akagi, Country Manager of the Branch Office is appended below.
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(Specimen Signature of Yuichi Akagi)
As there was no other matter to be discussed the meeting ended with vote of thanks to the chair.
Certified True Copy
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Director
Nobutaka YAHATA