Dated: 07 February 2017
NOTICE OF THE MEETING OF THE BOARD OF DIRECTORS OF
TS TECH BANGLADESH LIMITED
Notice is hereby given to all members of the Board of Directors of TS Tech Bangladesh Limited that a Meeting of Board of Directors of the Company will be held on 16 February 2017 at 10. A. M. at its registered office at Factory Building-3 (1st, 2nd & 3rd floor), Adamjee EPZ, Siddhirganj, Narayanganj to consider the following agenda:
To confirm the minutes of the last Board Meeting;
To discuss and approve allotment of 27,30,000 ordinary shares of Tk. 100 each raised through Right Issue; and;
Any other matters with the permission of the Chair.
All members of the Board of Directors are requested to attend the meeting.
__________________
Wataru Masuda
Managing Director
Copy to: All members of the Company
MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF
TS TECH BANGLADESH LIMITED
The Board Meeting of TS Tech Bangladesh Limited was held on 16 February 2017 at 10 A. M. at its registered office at Factory Building-3 (1st, 2nd & 3rd floor), Adamjee EPZ, Siddhirganj, Narayanganj.
The following members/Persons were presents:
Sl.
No.
Name
Designation
Signature
01
Hitoshi Yoshida (Nominee director of TS TECH Co., LTD.)
Chairman
02
Wataru Masuda (Nominee director of TS TECH Co., LTD.)
Managing Director
The chairman, Mr. Hitoshi Yoshida, of the Company presided over the meeting.
Being satisfied with the attendance required for quorum for holding of Board Meeting the Chairman called the meeting to order.
Proceeding:
The notice of the meeting was read out and the agenda were taken up for consideration:
Agenda No- 01. To discuss and consider the Minutes of last Board Meeting:
The minutes of the last Board Meeting was read out and approved unanimously.
Agenda No- 02. To discuss and approve allotment of 27,30,000 ordinary shares of Tk. 100 each raised through Right Issue:
The Chairman informed the house about the decision of the meeting of the Board of Directors of the company held on 28/04/2016 regarding increase of paid up capital of Tk. 273,000,000 divided into 27,30,000 ordinary shares of Tk. 100 each of the company.
He also informed that the Rights Offer was made properly to the existing shareholders of the company as under:
Name of shareholder’s
Existing shares
No of shares of Right offer of Taka 100 each
Mr. Daikatsu Sato
260
27,300
TS TECH Co., LTD.
represented by Hitoshi Yoshida
25,99,740
27,02,700
Total
26,00,000
27,30,000
After allotment, the shareholding position will be as follows:
Name of shareholder’s
Total existing shares after allotment
Mr. Daikatsu Sato
260
TS TECH Co., LTD.
represented by Hitoshi Yoshida
53,29,740
The Board further unanimously resolved –
“THAT Return of Allotment for 27,30,000 ordinary shares of Tk 100 each in the Company as approved above to be filed with the Registrar of Joint Stock Companies of Bangladesh within the stipulated time framed by the Companies Act, 1994 and Directors of the Company is duly authorized by the Board to complete the necessary formalities under the companies Act, 1994 and thus to issue the share certificate to the respective shareholders.
The board requested the Director to file necessary documents to RJSCB in this regard.
Agenda No- 05. Any other matters with the permission of the Chair:
There being no other business to transact, the Meeting ended with vote of thanks to the Chair.
_____________________
Wataru Masuda
Managing Director of the Company