New Sample of Memorandum

The Companies Act, 1994

(Act XVIII of 1994)

(A Private Company Limited by Shares)

Memorandum of Association

of

MARKER PROPERTY MANAGEMENT LIMITED

I.       The name of the Company is MARKER PROPERTY MANAGEMENT LIMITED

II.      The registered office of the company shall be situated in Bangladesh.

III.     The Objects for which the company is established are all or any of the following  (all the objects will be implemented after obtaining necessary permission from the Government / concerned authority /competent authority before commencement of the business):

1.       To purchase, take on lease or on  requisition or otherwise acquire any lands from any private party or any government agency or semi government authority and develop them and to construct building thereon and sell,  dispose of, lease out any such lands and buildings, houses for consideration in cash or kinds and to arrange, negotiate or sell buildings, flats for and on behalf or person or organizations by way of receipt of commission, brokerage or service charge.

2.       To carry on all or any of the business of builders, contractors, decorators, importer and dealers of all sorts of construction materials, like stone, sand, cement, lime, bricks, timbers, hardware materials, glass, tiles, marbles, lift, Generator, water supply and sanitary goods.

3.       To construct, develop or otherwise erect building thereon for its sale, hire, lease, exchange or dispose of the same for the benefit of the company and to carry on the business as buyers, sellers, vendors, dealers and agents of any Real Estate.  

4.       To develop and turn to account any hill, land, house or other property acquired by or in  which the company is interested and in particular by preparing building sites, and by constructing, reconstructing, altering, improving decorating, furnishing, and maintaining offices, flats, houses, factories, warehouses, shops, market, wharves, building works and conveniences of all kinds, any by consolidating, or connecting or sub-dividing properties and by leasing and disposing of the same.  

5.       To acquire or purchase low lands ditches or hill   land and to develop or excavate the same and to sell the same in a lot or pieces.  

6.       To carry on all business in collaboration and on joint venture with any firm, company persons in Bangladesh on outside Bangladesh.

7.       To amalgamate with any other company, association or firm carrying on business altogether or in part similar to those of this company and to take over all or any part of its assets, goodwill and liberties conducive to the business of the company.  

8.       To attain the business objectives company may enter into Partnership, Joint – Venture, take over Amalgamate with any other company  and also  to take loans from Bank / other Financial Institutions in such manner as may company thinks fit.  

9.       To mortgage the property and assets of the company as securities for loans and / or any credit facilities to be given to any associate company or companies and / or third party.  

10.     The company can do any lawful business for making profit.

IV      The liability of the members of the company is limited by shares.

V       The Authorized share capital  of the company is Taka 2,00,00,000 (Bangladeshi Taka Two Crore only0 divided in  2,00,000 (Two Lac) ordinary shares of Taka  100 (Bangladeshi Taka One hundred only) each with  power to increase or reduce the capital and to divide the share  capital into different classes and to attach thereto any special right or privilege or condition as regard dividends, repayment of capital, voting or otherwise or to consolidate or sub-divide the shares.