Vietnam Sealand City Project

Vietnam Sealand City Project

LAND AREA: 3,284,446m2

Location: Tan Thang Commune, Ham Tan District, Binh Thuan Province, Vietnam. (Length of the beach: 3 km)

The company is going to develop the first world-class resort city on the Southern coastline of Vietnam near Ho Chi Minh City. It will transfer 50% of company shares and 50% of the project shares to those companies who are willing to invest USD 500,000 of joint venture capital and USD 30,000,000 of loan amount in the company.

We would like to offer you our Joint Venture Proposal as below:

1. Conditions of Joint Venture:

-Join Venture Amount: USD 500,000 (to be invested upon signing Joint Venture Agreement Contract)
-Loan Amount: USD30,000,000 (1st time: USD 15,000,000 / 2nd time: USD15,000,000)

Conditions of Lending:

– Loan Term: 5 years
– Interest Rate: less 15%/ year (to be paid yearly)
– Conditions of principal repayment: pay in installments or in a lump sum.

2. It will give the following benefits to Joint Venture Company:

1) In case Joint Venture Company is a construction or a development company:

– Holding 50% of our company shares and 50% of the project shares.
– Being paid a maximum commission fee of 10% of total loan amount.
– Repaying the principal and paying the interest yearly.
– Having the right of choosing a construction contractor (total construction cost: USD217,546,235).
– Being paid development profit:USD115,329,082 (cash) + USD102,743,825 (real estate assets) = USD218,072,907

2) In case Joint Venture Company is an investment or a lending company:

– Holding 50% of our company shares and 50% of the project shares.
– Being paid a maximum commission fee of 10% of total loan amount.
– Repaying the principal and paying the interest yearly.
– Being paid development profit: (Profit upon principal repayment)
(USD115,329,082 (cash) + USD102,743,825 (real estate assets) = USD218,072,907)

CAPITAL.MY