The Company has informed that, the board of directors of the company has decided to give lease of factory premises with land, buildings, godowns, machinery, equipment, fittings and fixtures of Apex Tannery Limited, Unit-II situated at Shafipur, Gazipur. In this connection, a tenancy agreement has been signed on 05 October, 2021 between Apex Footwear Ltd. and Apex Tannery Ltd. for 20 (Twenty) years with effect from 01 October, 2021 on a monthly rental basis of BDT 2,750,000.00 only for the first 10 years and BDT 3,025,000.00 only for the next 10 years to facilitate the production of the Company.