Date: 15th December 2024
Declaration for Repatriation of Share Money Deposit
(surplus amount of Share Capital Purchase Money).
This is Kotaro Takeuchi, Managing Director of NICCA BANGLADESH CO., LTD. (100% foreign-owned entity; RJSC Reg. No.: Reg. No. C-191386, Reg. Date: 05-OCT-23; BEZA Investment Clearance Ref. No.: PC-20231115034229089484), solemnly declare that,
To establish a Private Limited Company named “NICCA BANGLADESH CO., LTD.” with a total paid-up capital of BDT 540,000,000.00 (BDT 10.00 per share), the shareholders, NICCA CHEMICAL CO., LTD. (holding 53,999,000 shares) and HONG KONG NICCA CHEMICAL CO., LTD. (holding 1,000 shares), have remitted USD 4,935,000.00 and USD 100.00 respectively to purchase the share capital.
After converting the foreign currency into Bangladesh Taka, the amount stands for BDT 540,382,500.00 and BDT 10,950.00.
Please find the following details information:
Sl. No.
Non-resident Shareholders
Amount Receipt
Date of receipt
No. of Shares
Per Shares Price
Total Amount of Share
Surplus Amount
1
NICCA CHEMICAL CO., LTD, JAPAN
USD 4,935,000.00
13 Sep 2023
5,39,99,000
BDT 10.00
53,99,90,000.00
BDT 392,500.00
2
HONG KONG NICCA CHEMICAL LTD, HONG KONG
USD
100.00
13 Sep
2023
1000
10,000.00
BDT 950.00
After the conversion, we have some surplus amount remaining for NICCA CHEMICAL CO., LTD. (BDT 392,500.00) and HONG KONG NICCA CHEMICAL CO., LTD. (BDT 950.00).
As per the approval of Bangladesh Bank (Letter No.: FEID/Investment and Share Transfer Section/701/2 (FDI)/3164/2024-4132), we intend to remit the surplus amount of BDT 392,500.00 to NICCA CHEMICAL CO., LTD, JAPAN.
Sincerely,
🗸
_____________
Kotaro Takeuchi
Managing Director
NICCA BANGLADESH CO., LTD.