The Company has informed that the Board of Directors of the Company has resolved the following decision subject to approval from the Insurance Development & Regulatory Authority: To purchase commercial floor space measuring 8,141.86 sft. (apprx.) at MANs Trade Center (4th floor), Ramjoy Mohajan Lane, Khatungonj, Chittagong at the price of Tk. 7,700.00 per sft. totaling to Tk. 6,26,92,322.00 and 3 parking spaces at a total cost of Tk. 8,25,000.00.