📈 JAT Holdings Expands Bangladesh Footprint with Strategic Site Acquisition in Singair

• Strategic Expansion: Asia Coatings (Private) Limited (ACL), the Bangladesh subsidiary of JAT Holdings PLC, has acquired a strategic site in Singair (Dhaka Division) to expand future manufacturing and warehousing operations. • Market Impact: Bangladesh is a key regional market for JAT Holdings, driving long-term international expansion and contributing an average of ~30% to total Group revenue. • Industry Positioning: ACL currently holds the No. 1 position in Bangladesh's industrial wood coatings market. The acquisition leverages projected growth in Bangladesh’s construction sector, which is forecasted to expand at an average annual rate of ~6.3% between 2026 and 2029. • Operational Efficiency: Located 35 km from Dhaka, the new site brings operations closer to key industrial clients, optimizing supply chain speed, inventory response, and distribution across key manufacturing hubs.