THE COMPANIES ACT, 1994
A PRIVATE COMPANY LIMITED BY SHARES
MEMORANDUM OF ASSOCIATION
OF
ARTNATURE BANGLADESH CO., LTD.
The name of the Company is “ARTNATURE BANGLADESH CO., LTD.”
The registered office of the Company shall be situated in Bangladesh.
The Objects for which the company is established are all or any of the following (all the Objects will be implemented after obtaining necessary permission from the Government /concerned authority /competent authority before the commencement of the business):
To engage in, operate, conduct and maintain the business as a manufacturer, processor, exporter, importer, wholesale and otherwise dealing with hairpieces such as toupees, wigs, wiglets, and the like including hair accessories and ornaments, all makes and kinds as well as any and all materials, including human hair and synthetic hair, supplies, machines, tools and equipment products or related to the manufacture of the said products or merchandise and to engage in the manufacture, research and development or modular hair prosthesis of high technology.----------[ ARTNATURE PHILIPPINES]
To purchase, acquire, own, lease, sell and convey real properties such as buildings, factories and warehouses and machineries, equipment and other personal properties as may be necessary or incidental to the conduct of the corporate business, and to pay in cash, shares of the capital stock, debentures and other evidences of indebtedness, or other securities, as may be deemed expedient, for any business or property acquired by the corporation. .----------[ ARTNATURE PHILIPPINES]
To do the business of wigs and hairpieces which includes manufacturing and sale of custom-made wigs and hairpieces as well as hair-care products for men and women. In addition, it also provides hair addition, barber, and beauty services through its saloons as well as to carry on the business domestically and internationally as dealers, agent, supplier and as well as the business of producing, processing, manufacturing, formulating, using, acquiring, storing, refining, packing, transporting, distributing, selling, trading, opening outlets, shops, showroom, importing, exporting and dealing in and to enter into manufacturing contract of every kind and description such as toupees, wigs, wiglets, and the like including hair accessories and ornaments. -------------[TRADING AND DISTRIBUTION]
To set up a factory, mills, and manufacturing plant, for export, deemed export, and domestic sales, and to set up buying house, bonded warehouse in Bangladesh as well as to carry on the business of operating a bonded warehouse facility for as toupees, wigs, wiglets, and the like including hair accessories and ornaments. To provide warehousing services for as toupees, wigs, wiglets, and the like including hair accessories and ornaments, including storage, handling, labeling, and inventory management, in compliance with applicable laws and regulations. To offer value-added services such as blending, repackaging, and quality testing within the bonded warehouse facility. --------------------------[FACTORY AND WAREHOUSING]
To do the business of advisory and consulting for wigs, hairpieces and fashion goods as well to provider comprehensive hair consultancy products and services for women and men; specializing in excellent quality hair replacement wigs (ready-to-wear and custom-made) as well as care products for both lifestyle and medical use. This may involve providing technical support, conducting audits, and recommending improvements as well as consultancy for quality control and testing, ensuring compliance with industry standards, regulatory requirements, and customer specifications. Advisory for conducting various tests, such as color fastness, analysis, physical property evaluations, etc. -------------[ADVISORY]
Conduct research on new and emerging technologies in the field of toupees, wigs, wiglets, hair accessories and ornaments, and all materials, including human hair and synthetic hair, hair care goods, and medicine. Establish research laboratory for R & D and innovation. Develop a new line of fashion product that meet the needs of the global market. -----[R & D ACTIVITIES]
To carry on the business of online shopping, net marketing, marketing of consumer and other goods, online internet advertising and marketing, creating virtual malls, stores, shops, creating shopping catalogs, providing secured payment processing, net commerce solutions for business to business and business to consumers, online trading for toupees, wigs, wiglets, and the like including hair accessories and ornaments, and all materials, including human hair and synthetic hair, all kinds of accessories related to fashion & lifestyle products. ----------[ONLINE BUSINESS]
To attain the business objectives company may enter into Partnership, Joint Venture, take over or Amalgamate/Merger with any other company and also to take Loans from Bank/other Financial Institutions in such a manner as may company thinks fit. ------[RJSC FORMAT]
To mortgage the property and assets of the company as securities for loans and/or any credit facilities to be given to any associate company or companies or third party and also to give guarantee securing liabilities of such associate company or companies and/or third party. ------[RJSC FORMAT]