NAVANA REAL ESTATE LIMITED - Dhaka Stock Exchange

Issuer: Navana Real Estate LimitedIssue Manager: ICB Capital Management LimitedSl.No.Management of the CompanyParticulars of Top Executives & Departmental Heads of the CompanyName of the OfficersPositionEducationalQualificationDate ofJoining in theCompanyLast JobExperience/Last 5 YearsExperienceTotalExperience(Years)1 Engr. Md. Shahidullah Executive B.sc. (Mech) 1-Feb-1996 Director, Islam39DirectorGroup2 Maj Gen (Retd) Mohammad Ali Advisor BA, MDS, NDC 16-Oct-2007 Bangladesh Army 373 Md. Alamgir Hossain, FCA Chief Financial Chartered 25-June-09 Finance Controller, 29OfficerAccountantRangs Group4 Engr. Md. Shakawat Hossain Sr. GeneralManager (ProjectOperation)B.Sc. (Civil) 1-Mar-2010 Vice Precedent,Sanmar PropertiesLtd.245 Mohammed Fasiul Mowla Sr. GeneralManager (Sales &LandDevelopment)6 Md. Wahiduzzaman General Manager(Procurement &Inventory)7 Syed Mobinul Bari General Manager(CustomerService)8 Md. Mazedur Rahman General Manager(Engineering)9 A.S.M. Moin Dy. GeneralManager(Engineering)10 Ezaz Ahmed, ACMA Sr. Manager ( F &A)11 Tareque Enamur Rahim CompanySecretary12 Muhammad Shahidul Islam Khan,ACAHead of InternalAuditM. Com. 18-Sep-2004 D.G.M. (Sales &Marketing),AdvanceDevelopment Ltd.M. Com, CC 3-Sep-2007 G.M.(Procurement),AssetDevelopments Ltd.B.Com. 8-June-2008 G.M. (CustomerService), AssetDevelopments Ltd.B.Sc. (Civil) 15-Sep-2010 G.M.(Engineering),Dom-InnoDevelopments Ltd.B.Sc. (Civil) 3-Jan-1998 Project Engineer,BDC Ltd, IslamGroupCost &ManagementAccountant14-May-2008Manger, PremierLeasing & FinanceLtd.Honors Graduate 1982 Deputy CompanySecretary, AftabAuto MobilesCharteredAccountant01-10-2004 Head of InternalAudit, NavanaCNG Ltd.1717272024103310VAT, income tax, customs duty or other tax liabilityVAT: There is no VAT liability outstanding of the company.Customs duty: There is no outstanding customs duty due to the company.Tax: There is no outstanding tax due to the company and got clearance certificate fromNational Board of Revenue up to Tax Year 2010-2011.Determination of the offering priceNavana Real Estate Limited is one of the leading market participants in the real industry ofBangladesh. The Company is enjoying a high growth in revenue and net profit in the pastcouple of years.Net Asset Value (NAV) gives asset-backing to the shares of the Company. Earnings Per Share(EPS) indicates profitability against shares of the Company. Earnings-based Value and BookValue-based Value have been taken to estimate a theoretical fair price that gives us goodindication of market demand for the shares of the Company. The weighted average pricederived from the four valuation methods, giving equal weight, is the indicative offer price forthe shares of Navana Real Estate Limited to be issued through the IPO under Book BuildingMethod.Page- 17