Project Sunshine

History of the groupThe propositionUSPPromoters and ManagementGroup StructureFinancial SummaryParticulars of the property development

1, 2 ,3

Contents

History of the groupEstablished in 1980 to provide maintenance

services for air conditioning and refrigeration units also ventured into manufacturing of same in 1985.

The group has been in the business of Bottled Water and Ice for the last 20 years.

The Group owns land of 0.5 Acres in the prestigious Colombo 02 area on which they propose to have a mixed development project.

The proposition

The group needs to raise USD33.7mn :

- for the Mixed Development Property Project

The group wishes to maintain minimum of 51% equity stake.

USPColombo is reaching almost 100% occupancy

in commercial and office space.

Location attracts the highest rental rate for commercial buildings in Colombo.

One of the largest suppliers of air conditioning and specialized refrigeration appliances in Sri Lanka with over 300 Dealers island wide.

One of the leading suppliers of Bottled Water and Ice with a well known brand name.

Promoters and ManagementThe promoters have over 30

years of experience in the air conditioning field and Bottled Water.

The main promoter has extensive experience in banking and power and enjoys a very good business reputation.

Corporate StructureAir Conditioning and Refrigeration

Property Development

Bottled Water and Tube Ice

Particulars of the Property Development (Square metres) Land Area : 2,281 Total Area to be constructed : 31,916 - Retail 1,198 - Office 15,391 - Residential 1,885 - Common Areas 13,440

The Project is Designed by one of the most reputed Sri Lankan Architects with extensive prestigious global projects completed

Project execution period : January 2015 – March 2017

Particulars of the Property Development 2

All regulatory approvals are expected by end of September

100% electricity backup by Diesel generators

Adequate basement parking will be provided

The Residences will be of luxury international standards and will be marketed to expats and non resident Sri Lankans

Particulars of the Property Development 3

The Commercial and Office spaces will be leased and residential apartments will be sold

The Property will be marketed by international and local property consultants

Building maintenance will be up to international standards

Commercial Model Total outlay on the building

project : USD 34 mn Revenue from Advance Payments

of lease rentals and installments for apartment purchases are expected to cover the outlay within 3 years