MIURA SINGAPORE CO PTE.LTD.
Bangladesh Liaison Offic
Level - 11, Sanmar Tower - 2, Plot # 38A, Road - 35, Gulshan - 2,
Dhaka-1212, Bangladesh
Phone no: +88 02 48810577
Date: 2nd March 2026
The Director
Foreign Exchange Investment Department,
Bangladesh Bank, Head Office,
Dhaka-1000.
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 due respect, we would like to submit this explanation regarding the receipt of a total amount of BDT 5,987,903.00 credited to our bank account during the closure process of MIURA SINGAPORE CO PTE. LTD. (Bangladesh Liaison Office).
The said amount was received through bank transfer and represents proceeds arising solely from the closure of the Liaison Office. The breakdown of the amount 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.
However, 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.
Thank you very much for your kind consideration.
Sincerely Yours,
🗸
_______________________________
Mohamad Rizwan Bin Shahabuddin
Country Manager
MIURA SINGAPORE CO PTE. LTD.
(Bangladesh Liaison Office)