Summary of report is
based on the annual general meeting announcement of the company with the
appreciation and welcoming all the members in 53rd annual General
Meeting of the company that is attended on the behalf of Chairman of the
company and according to the Compliances and regulations of Companies Act,
Bangladesh. All the financial statements are being examined by independent
external auditors for the period of 2018 to 2019. The report is based on the
operation management activities and all the actions of the management and
affairs of the company from management to their employees all the data are based
on the performance screening of the company. The financial statement of company
and operations of the company give a true picture of investment and growth in
the company as the employees are contributing their part of efforts to gain
their success in the market. In this meeting, it is addressed by the chairman
of company Samuel S. Chowdhury to dream that the entire shareholder and other
employees of the company will continue to contribute their effort to gain the
success of the company. All will work will continue to done according to the
rules and regulations that are implemented by founder and Chairman of company
Samson Edge Chowdary, who is not here between the people who are working for
the company and employees, will contribute according to his instructions to
gain the investment in the company.
The director report of
the company shows that the member of company is incorporated with the companies
at 2015 of Kenya as private limited company and the shares of company is based
on the capital of 8 billion. The director’s report shows that there are
different investment officer holders such as Ketengala, Machakoas County,
Nairobi, Kenya. Principal activity of company shows that the manufacturing and
selling of pharmaceutical company is based on the East African Community and
the people living in this region are using these medicines.
The plant that is
implemented to produce 2 billion tablets and capsules for 3 millions of liquid
is estimated that would be revenue generated from this project is 4 million and
the cost required is actively underway that is enough to invest in the plant.
The project is listed as equity investment will be 8 million and 9 million will
be loan financing. Management is appreciating workers and employees to work
whole heartedly in this project to gain success.