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PRIVATE FUND ASSISTANCE FOR ROMBLON

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PRIVATE FUND ASSISTANCE FOR ROMBLON Powered By Docstoc
					                ERA INVESTMENTS HK LIMITED
                          Philippine Representative
3F Khairi Building, No 3 Marawi Avenue, Maharlika Village. Tagig Global City
                          abdeldim2007@yahoo.com
                         Cell Phone no. 092-722-42288

                A 10 BILLION EURODOLLAR
        PRIVATE DEVELOPMENT ASSISTANCE FUND
             FOR THE NEW GOVERNMENT OF
           H.E. PRESIDENT BENIGNO AQUINO III

                  THE FUNDERS GROUP:
              ERA INVESTMENT HK LIMITED
           ERA GLOBAL SECURITIES (ESPANA) S.L.
                BARINGS CAPITAL, LONDON

FUND CONVENOR AND PHILIPPINECOORDINATING CENTER
      ISLAMIC BANKING INSTITUTE, INC, MANILA
AUGUST 27, 2010


THE HONORABLE EDUARDO C.FIRMALO
GOVERNOR, PROVINCE OF ROMBLON
CAPITOL BUILDING, CAPACLAN
ROMBLON, ROMBLON

THRU THE COURTESY OF MR ERWIN WILL AND CHRIS BECH
SUNSET VILLAS TABLAS INC




DEAR HONORABLE GOVERNOR EDUARDO FIRMALO:


ON BEHALF OF OUR GROUP OF BANKERS AND INVESTORS, MAY WE EXTEND OUR
HEARTFELT CONGRATULATIONS TO YOUR HONOR FOR HAVING GARNERED A
RESOUNDING MANDATE OF GOVERNORSHIP IN THE PROVINCE OF ROMBLON. IT IS
OUR BELIEF THAT YOU SHALL CONTINUE UPLIFTING A NEW MODERN ROMBLON
WITH IT ITS MULTINATIONAL RESIDENTS AND VISITORS AND THE GROWTH OF ITS
TOURISM AND AGRICULTURE. WE HAVE NOTED IN OUR RSEARCH THE
OVERWHELMING PTENTIAL BUSINESS GROWTH OF YOUR PROVINCE. AND        WE
BELIEVE YOU HAVE THE DESIRE TO DEVELOP THE PROVINCE OF ROMBLON.

IN ALL OF THESE UPLIFTMENT AND DEVELOPMENT, YOU CAN COUNT ON OUR
FINANCING UNDER THE BUILD-OPERATE AND TRANSFER SYSTEM


 IN THIS CONNECTION, WE HEARTILY OFFER 50 MILLION EURODOLLARS
ALLOTMENT OF FUNDS FROM OUR PRIVATE DEVELOPMENT ASSISTANCE KNOWN TO
OUR FUNDERS AS “THE PRESIDENT BENIGNO AQUINO III FUND SOURCE”. JUST CALL
ON US AND WE WILL BE THERE. THE AMOUNT OF THIS ALLOTED FUND COULD BE
MORE. IT MAY BE INCREASED UPON REQUEST BY THE PROVINCIAL GOVERNMENT OF
ROMBLON OR BY ANY QUALIFIED PRIVATE CORPORATION THAT WILL DO BUSINESS
IN THE PROVINCE.

AGAINST OUR FINANCIAL SECURITIES, WE HAVE WELL ESTABLISHED CREDIT LINES
WITH TOP RATED EUROPEAN BANKS INCLUDING THE UNION BANK OF
SWITZERLAND, GENEVA, AND BANK OF CHINA, GENEVA. AND DUETCHE BANK,
ZURICH. WE CAN USE THESE CREDIT LINES TO FINANCE GOVERNMENT PROJECTS
UNDER THE PHILIPPINE BOT SYSTEM OR THE LOCAL GOVERNMENT CODE AS MAYBE
APPROPRIATE



THE ALLOTED AMOUNT SHALL BE AVAILABLE TO THE LOCAL GOVERNMENT OF
THE PROVINCE OF ROMBLON AS WELL AS QUALIFIED PRIVATE CORPORATIONS
UNDER THE LAW ON BUILD-OPERATE AND TRANSFER AS PRESIDENT AQUINO
MENTIONED IN HIS FIRST SONA.



GUIDELINES FOR PRIVATE CORPORATION

PRIVATE CORPORATIONS ARE ELIGIBLE FOR ASSISTANCE ON INSTANCES
MENTIONED UNDER THE BOT LAW. THEY ARE ELIGIBLE FOR ASSISTANCE IN THE
FORM OF EQUITY OR LOAN, OR LOAN GUARANTEE. THE FORM OF SUPPORT FROM
THE LOAN DEPENDS ON THE FINANCIAL AND MANAGEMENT NEED OF THE BUSINESS
FOR THAT TYPE OF SUPORT AS DEMONSTRATED BY AN ANLYSIS OF THEIR BUSINESS
PLAN AND FINANCIAL INFORMATION.

ON EQUITY WE FOLLOW THE LEGAL REQUIREMENT OF 60% FILIPINO AND 40%
FOREIGN INVESTMENTS.
IN THIS CONNECTION, WE ARE CONSIDERING TO INVEST IN CORPORATIONS WHOSE
PROJECTS ARE LOCATED IN YOUR PROVINCE, NAMELY:
1. SUNSET BEACH VILLAS TABLAS, INC.

2. PHILAGRIVEST


AMOUNT

MAXIMUM AMOUNT AVAILABLEFOR THE LOCAL GOVERNMENT OF ROMBLON IF IT
SHOULD AGREE TO BE IN PARTNERSHIP JOINT VENTURE WITH ONE OF OUR
COMPANIES IS USD 100 MILLION AND ALSO 100 MILLION FOR QUALIFIED PRIVATE
CORPORATION AND 4 BILLION USD FOR HUGE NATIONAL GOVERNMENT PROJECTS
AS MAYBE APPROVED BY THE PRESIDENT B. AQUINO OR VICE PRESIDENT JEJOMAR
BINAY SUCH AS NUCLEAR POWER PLANT AND OIL REFINERY.

INTEREST RATE
THE INTEREST RATE FOR ALL OF THE FUNDERS GROUP IS 8.5 % PER ANNUM, WELL
WITHIN THE PRESCRIPTIONS AS DEFINED UNDER THE BOT LAW. THIS COST OF FUND
IS NOT PRESENTED TO BE A LIABILITY OF THE PROJECT PROPONENT BUT OF THE
JOINT VENTURE TO BE FORMED IN PROPORTION TO THEIR EQUITY HOLDINGS IN
SUCH A JOINT VENTURE OR CONSORTIUM. IN THIS REGARD WE HAVE A PORTFOLIO
OF ESTABLISHED LOCAL AND INTERNATIONAL CORPORATIONS THAT ARE LINED UP
AND READY TO TAKE UP AN OPPORTUNITY FOR JOINT VENTURES.

PROCESSING FEE

THE ISLAMIC BANKING INSTITUTE IS A FUND CONVENOR AND COORDINATING
CENTER. IT IS ALSO ACTING AS A FINANCIAL CONSULTANT AND A LIAISON BETWEEN
THE PROJECT PROPONENTS AND THE FUNDERS. FOR ITS SERVICES IT CHARGES 1%
OF TOTAL FINANCIAL EXPOSURE FROM THE FUND. OR THE PROPORTIONATE
PERCENTAGE OF ONE PERCENT IN THE CASE OF CORPORATIONS THAT FORM A
JOINT VENTURE PARTNERSHIP BASED ON EQUITY RATIO

TERM

THETERM OR PERIOD OF INVESTMENTS OR LOAN WILL BE IN REFERENCE TO THE
PROVISION OF THE BOT LAW.
IN REFERENCE TO THE BOT, THE ALLOTED FUNDS MAY BE AVAILED OF UNDER
SECTION 2 OF THE SAID LAW TO WIT:




          Private sector infrastructure or development projects.

The general description of infrastructure or development projects
normally financed and operated by the public sector but which will
now be wholly or partly implemented by the private sector, including
but not limited to, power plants, highways, ports, airports, canals,
dams, hydropower projects, water supply, irrigation,
telecommunications, railroads and railways, transport systems, land
reclamation projects, industrial estates or townships, housing,
government buildings, tourism projects, markets, slaughterhouses,
warehouses, solid waste management, information technology networks
and database infrastructure, education and health facilities,
sewerage, drainage, dredging, and other infrastructure and
development projects as may be authorized by the appropriate agency
pursuant to this Act. Such projects shall be undertaken through
contractual arrangements as defined hereunder and such other
variations as may be approved by the President of the Philippines…
[SECTION 2 A, BOT LAW]


TOGETHER WITH OUR MULTI BILLION FUNDING, WE CAN UNDERTAKE ANY OF THE
FOREGOING INFRASTRUCTURE OR DEVELOPMENT PROJECTS TO IMPROVE PUBLIC
SERVICES OF YOUR LOCAL GOVERNMENT.

TO REITERATE, WE HAVE ALLOTED 50 MILLION EURODOLLARS FROM OUR 10
BILLION EURODOLLAR PRIVATE FUND FOR THE GOVERNMENT OF PRESIDENT
AQUINO FOR THE UPLIFTMENT OF YOUR PROVINCE .

AVAILMENT OF THIS FUND SHALL BE UNDER THE PRINCIPLE OF TRANSPARENCY, IN
ACCORDANCE WITH THE LAW ON BUILD-OPERATE AND TRANSFER AS WELL AS THE
CORPORATE POLICY ISSUED BY THE FUNDING PARTICIPANTS. THE PROVISIONS OF
THE LOCAL GOVERNMENT CODE MAY ALSO APPLY. A POSITIVE REPLY TO THIS
LETTER OFFER/INTENT SHALL CONTINUE THE ALLOTMENT OF FUND FOR YOUR
PROVINCE


WE ARE HOPFUL THAT OUR OFFER FOR DEVELOPMENT ASSISTANCE FUNDING
MERITS THE APPROVAL OF YOUR HONOR:
ANTICIPATING YOUR POSITIVE FAVORABLE REPLY IN ORDER THAT WE MAY
CONTINUE THE ALLOTED FUNDS FOR YOUR PROVINCE.
FOR REFERENCE, WE ATTACHED HEREWITH THE PRESIDENT NOY AQUINO PRIVATE
DEVELOPMENT ASSISTANCE FUNDSOURCE

THANK YOU AND MORE POWER TO YOU

VERY TRULY YOURS

ABDEL AZIZ DIMAPUNONG
FUND CONVENOR AND PROJECT DIRECTOR
PRESIDENT, ISLAMIC BANKING INSTITUTE, MANIL
ABOUT US

WE BELONG TO AN ORGANIZED GROUP OF INTERNATIONAL INVESTMENT BANKERS
THAT INCLUDES ERA INVESTMENT HK LIMITED, ERA GLOBAL SECURITIES (SPAIN)
S.L., AND BARINGS CAPITAL, LONDON, WITH SOME MERCHANT BANKERS OF DUBAI
UNITED ARAB EMIRATES.

AFTER THE INAUGUARATION OF THE NEW PRESIDENT, BENIGNO AQUINO III, WE SAW
A PROMISED OF LEVEL FIELD ON INVESTMENTS AND THE END OF RED TAPE IN
GOVERNMENT DEALINGS. WHEN THE PRESIDENT DELIVERED HIS FIRST SONA THAT
CALLS FOR A PUBLIC- PRIVATE PARTNERSHIP UNDER THE BOT SYSTEM, WE
RESPONDED BY ORGANIZING THE PRESIDENT BENIGNO AQUINO III PRIVATE
DEVELOPMENT ASSISTANCE FUND

THE FUND WAS INITIATED AND CONVENED IN HONG KONG BY THE ISLAMIC
BANKING INSTITUTE, A DULY REGISTERED COMPANY IN THE PHILIPPINES THAT IS
ENGAGED IN FINANCIAL CONSULTANCY ON FINANCIAL SECURITIES. SOON AFTER,
THE ERA INVESTMENTS OF HONG KONG PLEDGED 2 BILLION-EURO DOLLARS TO
START THE FUND DEVELOPMENT. ADDITIONAL 2 BILLION EURODOLLARS
FOLLOWED THIS FROM ERA GLOBAL SECURITIES (SPAIN) S.L.
THE FUND FULLY DEVELOPED INTO A TOTAL OF 10 BILLION EURODOLLARS PRIVATE
FUND WITH THE PARTICIPATION OF BARINGS CAPITAL OF LONDON. A NUMBER OF
PROMINENT INDIVIDUALS ALSO PARTICIPATED. HONORABLE MENTION IS SHIEKH
SAYED HAFIZULLAH OF DUBAI, UAE. THE FUND IS STILL GROWING WITH PLEDGES
FROM GOLD MINING CONCESSIONERS OF SOUTH AMERICA WITH MULTI BILLION
GOLD DEPOSITS IN THE UNION BANK OF SWITZERLAND

THE FUND EMPLOYS A RECENT DEVELOPMENT IN THE WAY OF FINANCING LARGE
CAPITAL INTENSIVE PROJECTS SUCH AS HUGE OIL REFINERIES OF WHICH THE ERA
GROUP IS NOW HEAVILY EXPOSED WITH BILLION DOLLAR INVESTMENTS AS WELL
AS THE REEMERGENCE OF NUCLEAR POWER PLANTS THAT HAS BEEN RECENTLY
CALLED FOR IMPLEMENTATION BY SCIENTISTS OF THIS NEW ERA OF INFORMATION
TECHNOLOGY.

THE GROWTH OF THE FUND IS ALSO BEING PROPELLED BY THE PHENOMENAL RISE
OF FINANCIAL WEALTH IN THE OIL PRODUCING MUSLIM WORLD THROUGH ISLAMIC
BANKING AND THE OPECOF WHICH THE ERA GROUP HAS WELL ESTABLISHED
ALLIANCES


CONTACT US:

Cell Phone direct no. 092-722-42288
Secretarial:092-0515-0390;
Call center 092-8552-5036

abdeldim2007@yahoo.com
WEBSITE: biodix.wordpress.com
REFERENCE DOCUMENTS:
http://www.docstoc.com/profile/dimapunong

				
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Description: PRIVATE FUND ASSISTANCE FOR ROMBLON GOVERNMENT