Apology letter for the sales of Assets and BIDA Approval (2026)

MIURA SINGAPORE CO PTE.LTD. Bangladesh Liaison Office Level - 11, Sanmar Tower - 2, Plot # 38A, Road - 35, Gulshan - 2, Dhaka-1212, Bangladesh Phone no: +88 02 48810577 Date: 4 th June 2026 The Director Foreign Exchange Investment Department, Bangladesh Bank, Head Office, Dhaka-1000. Through: Prime Bank PLC, Gulshan Branch. Subject: Explanation and Apology for Receipt of BDT 5,987,903.00 as sales of asset and security deposit without the prior approval of BIDA. Dear Sir, With reference to your letter bearing Ref. No. FEID/Branch/729/4(L-1578)/2026-1247 dated 05.05.2026 regarding the closure of the Liaison Office and repatriation of the residual balance of MIURA SINGAPORE CO. PTE. LTD., we would like to submit the following explanation regarding the receipt of BDT 5,987,903.00 in our bank account. The amount was received through banking channels and arose solely from the closure of the Bangladesh Liaison Office, comprising proceeds from the sale of old and unused office assets and refunds of security deposits. The detailed breakdown is as follows: Particulars Amount (BDT) Fixed Assets Sales 3,784,007 Refund of Security Deposit – House Rent 818,216 Refund of Security Deposit – Office Rent 1,385,680 Total 5,987,903 As part of the closure of the Liaison Office, the Company disposed of its fixed assets and received refunds of security deposits related to office and house rent. These transactions were necessary and incidental to the winding-up of the Liaison Office operations in Bangladesh. We sincerely acknowledge that, due to inadvertence and oversight, prior approval from BIDA for receiving the above- mentioned local credits was not obtained. We deeply regret this unintentional non-compliance and fully accept responsibility for the same. We hereby extend our sincere apology to the Honorable Authority for this oversight and kindly request your understanding and sympathetic consideration of the matter. We respectfully submit that the omission was purely inadvertent and there was no intention of violating any applicable laws, regulations, or guidelines. We therefore humbly request the Honorable Authority to kindly consider our explanation and allow us to proceed with the repatriation of the residual balance. Sincerely Yours,  _______________________________ Mohamad Rizwan Bin Shahabuddin Country Manager MIURA SINGAPORE CO PTE. LTD. (Bangladesh Liaison Office)