The Company has informed that the Board of Directors of the Company has approved the following lease: Bangas Limited has acquired 1.1097 acre (110.97 decimal) land nearby the Dhaka-Mymensingh highway at Mulaid, Sreepur, Gazipur upon signing a long term lease contract of 25 years which is renewable for a further period of 25 years to facilitate its new biscuit manufacturing plant.