WinWin Company Profile

WinWin Group
Corporate Profile
WinWin Group at a Glance
•
•
•
•
The WinWin group of companies (“WinWin” or the “Group”) comprises a series of
established businesses and ventures with focus on real estate investment,
development, advisory, brokerage and travel in Cyprus
WinWin’s activities are undertaken by three main subsidiaries as follows:
– WinWin Estates provides advisory and brokerage services to investors,
property buyers and high net worth individuals interested to invest in real
estate opportunities
– WinWin Developers is a developer and licensed contractor for third party
and/or joint venture projects and also invests/co-invests the proprietary
capital of the Group’s principals
– WinWin Travel is a tour operator and the first of its kind to organise package
tourism from China to Cyprus
The Group was founded by Andreas Findiklis after a successful career of 38 years
as the General Manager of the Leptos group, the largest real estate and
hospitality player in Cyprus
The Group’s headquarters are in Paphos, Cyprus with associated offices and sales
offices in Nicosia, Beijing, Chengdu, Shanghai and Oslo
Our Founding Team
Mr. Andreas Findiklis
is a seasoned real estate and
hospitality executive after a successful career of more than 38 years as the
General Manager of Leptos Estates, the largest real estate developer in Cyprus.
Mr. Findiklis also served as a Non-Executive Director on the board of various
private and public companies including Leptos Calypso Hotels Public Ltd,
Hapides Andreas & Sons Construction Co Ltd, Avax Investments Public Ltd,
Benacon Builders Ltd, Harbour Shore Estates Ltd, Lin-Mar(Paphos)
Developments Public Ltd, Paphos Plantations (S.M.K) Ltd, West Park Ltd.
Mr. Findiklis holds a Bachelor's of Science in Chemical Engineering from the
National Technical University of Athens and is fluent in English and Greek.
Mr. Stephanos Fintiklis
is one of the three partners in
Roussos & Angelides Ltd, a leading valuer and property consultant with offices in
Limassol, Nicosia and Paphos.
Mr. Fintiklis holds a real estate brokerage license and is a member of the Technical
Chamber of Cyprus with a license to conduct property valuations.
Mr. Fintiklis is an elected board member of the Cyprus association of valuers and
property consultants.
Mr. Fintiklis has conducted property valuations on behalf of international and
local clients, including all major Cyprus banking institutions, and has been
involved in the valuations of most of the country’s golf, marina and resort
developments.
Mr. Fintiklis holds a Land Management degree from Reading University (England)
and is fluent in English and Greek.
Our Executive Team
Kyriakos Aristotelous (Sales)
England educated sales executive
Giotis Ignatiou (Engineer &
Project Manager)
Christakis Christodoulou (Project
Manager)
Civil Engineer with 35 years of construction experience
Socratis Protopapas (Architect)
Civil engineer with 15 years of construction experience
Architect with 30 years of design and architecture
experience
Andri Evripidou (Legal &
Human Resources)
Pavlos Pavlaras (Engineer &
Assistant Project Manager)
England educated, Cyprus licensed lawyer with 4
years of experience
Natalia Dubkovskaya
(Administrator & Russian Sales)
Russian educated tourism and hospitality professional
with 5 years of experience
Gordona Banduk (Tour Operator)
Tour operator with 25 years of experience
Maria Avraam (Accounting)
Cyprus educated accountant with 20 years of
experience
England educated Structural engineer
Romeos Kamenides (Architect)
Architect with 4 years of design and architecture
experience
Stavroulla Lambrou (Travel)
Cyprus educated tourism and hospitality
professional with 20 years of experience
Linda Gong (Translation, Sales
& Operations)
Chinese and Cyprus educated administrator
Our Associates & Partners
http://www.ra-valuers.com
http://www.bankofcyprus.com
http://www.ruslantravel.com
http://georgiades-law.com
https://www.hellenicbank.com
http://www.eurobank.com.cy
http://www.alphabank.com.cy
http://www.aeolos.com/en
http://www.easyjet.com/en
Our Strengths
1. Ability to identify undervalued land and development assets through our unique contacts with the
country's main banking institutions and developers
2. Unlike most players in the Cyprus real estate sector that are encumbered by unsustainable debt,
the WinWin Group is virtually debt free with assets having readily available clean title deeds thus
eliminating both credit and ownership risks for clients, investors and co-investors
3. One stop shop, with in-house resources to complete entire process from identification of
investment, legal support, tax structuring to closing of the acquisition
4. For development deals, ability to leverage our in-house architectural and legal teams in order to
quickly design and permit projects
5. For opportunities that require construction, ability to construct with high specifications at a
competitive cost using our internal engineers and project managers
6. Expertise, contacts and in-house legal resources in issuing Cyprus Passports and Permanent
Residence visas in record time
7. Deep understanding of sources of demand and the type of product that currently sells ensuring
optimal project positioning, product type and size
8. Assistance in sales of real estate through our network of sales offices and associates in Cyprus
(Paphos, Limassol and Nicosia), China (Chengdu, Beijing and Shanghai), Russia, Norway, England
and the Middle East
9. After sale service and property management in order to maximize rental income and reduce
operating & maintenance costs
Why Invest in Cyprus
•
•
Are there real estate investment opportunities in Cyprus? Is now the right time to
invest?
Since 2008 the Cyprus economy in general and its real estate sector in particular have
been facing challenges as a result of multiple waves of crisis, starting with the global
financial meltdown in 2008 and followed by the European periphery sovereign debt
crisis in 2010-12 and more recently the Cyprus banking sector restructuring in 2013.
These events have led to steep adjustments in real estate prices in some cases
significantly over 50%. This has created unprecedented buy opportunities.
Why Invest in Cyprus
Despite the recent difficulties, the country retains certain unique features which ensure that
in the medium term and long term, Cyprus real estate has strong growth prospects:
•
Ideally located on the crossroad between 3 continents; Europe, Africa and Asia
•
Beautiful scenery with c. 350 days of sunshine and a mild climate
•
Friendly population and interesting culture with virtually no crime
•
European Union and commonwealth membership
•
Low corporation tax (12.5%) and network of double tax treaties incl. China and Russia
•
English Law based legal system offering transparency and certainty
•
Land registry providing a safe and simple regime for protecting and transferring title
•
High level of education and services. Ninety percent of Cypriots speak English
•
Excellent infrastructure and telecommunications
•
Tourism facilities continues to improve such as recent opening of Limassol mega-yacht
marina with plans for a similar project in Paphos and 5 golf courses
•
Advanced medical care - prospects of becoming a healthcare and centre
WinWin Estates
(www.winwinestates.net)
•
Cyprus company founded in 2007 with a real estate brokerage license
•
Main principals of the company have more than 80 years of combined experience
in real estate development, finance, property valuation and sales & marketing
•
WinWin Estates Ltd provides the following services:
– Identifying compelling investment opportunities and advising investors in all
stages of the investment process
– Real estate brokerage services
– Assistance in obtaining Cyprus Residence or Passport
– Property valuation services
– Support with legal, tax, structuring, financing and administration in executing
and asset managing an investment
•
The company’s philosophy is to assist investors and property buyers in making
secure property acquisitions with high quality specifications and competitive
market pricing
Immigration
Cyprus Residency and Citizenship via Investing
•
•
•
•
•
The immigration laws of the Republic of Cyprus provide investors an inimitable opportunity
to invest in Cyprus economy and gain Permanent Residence (investment of €300K) or
Citizenship (investment of €2.5m). There is high demand from nationals of mostly non-EU
countries to obtain a Cyprus Permanent Residence visa in order to enjoy certain privileges
relating to their stay in Cyprus and/or their movement within the European Union or a
Cyprus passport which grants its holder the full benefits of a European citizen.
New Accelerated Procedure for Permanent Residency
A new and accelerated procedure for granting Immigration Permits according to the
provisions of Regulation 6(2) of the Aliens and Immigration Regulations has been
introduced by the Minister of Interior for applicants that are third country nationals and
invest in the Republic of Cyprus. It is estimated that the application will be examined in no
longer than two months from the date that the application is submitted. Any third country
national that has applied for an Immigration Permit under Category F can submit additional
documents in order to have their application examined according to the provisions of
Regulation 6 (2) of the Aliens and Immigration Regulations on a much faster basis. The
application will be examined on a fast track basis by the Civil Registry and Migration
Department and will be submitted immediately to the Minister of Interior for a decision.
Criteria for accelerated procedure: (Appendix 1.0)
Documents Required for Permanent Residency(Appendix 1.1)
Citizenship (Appendix 1.2)
WinWin Developers
•
WinWin Developers is a developer and licensed contractor for the development of
projects owned by the Group’s principals, third parties or joint venture partnerships
•
WinWin Developers also invests and co-invests the proprietary capital of the Group’s
principals in real estate developments
•
In the past two years WinWin Developers has, among others:
– Completed the largest private residence/mansion in Paphos for a renowned
Beijing entrepreneur (see slides 13 - 15)
– Commenced construction of a 6-unit ultra-luxury complex already sold to
prominent Beijing investors (see slides 16 - 18)
•
Projects of WinWin Developers available for purchase of villas and/or project-level
investment/co-investment:
–
Seafront Heights (See Appendix 1.3)
–
Seafront Heights 2 ( See Appendix 1.4)
–
Sunrise Cliff (See Appendix 1.5)
–
Sunrise Village (See Appendix 1.6)
–
Niki Tala Gardens (See Appendix 1.7)
–
Sea Waves Symphony Villas (See Appendix 1.8)
Great Dragon Mansion
•
Designed, permitted and constructed for an influential Beijing-based
entrepreneur and real estate investor
•
Currently the largest private residence in Paphos
•
Located 100m from the sea with panoramic water views of the open bay in
close vicinity to Paphos harbour, Paphos mall and international school
•
The mansion comprises 2,200 covered m2 and a land plot of 3,720 m2 with the
following components and amenities:
– 4 spacious compartments in two detached buildings
– 20 bedrooms and 22 bathrooms
– Dining, F&B and conference areas
– Pool, 4 Jacuzzis, roof decks and exquisitely landscaped gardens
•
Designed and permitted within 3 months and constructed within 10 months,
testament to local knowhow and expertise of WinWin Developers
Great Dragon Mansion
Great Dragon Mansion
Danaos Gardens
• Designed, permitted and currently under construction in joint venture
with prominent Beijing based import-export group in the fashion industry
• Located 100m from the sea with panoramic water views of the open bay
in close vicinity to Paphos harbour, Paphos mall and international schools
• The project comprises 2,320 covered m2 and a land plot of 3,859m2:
– 6 luxury 4-bedroom villas each with 360m2 of internal covered areas
– Each villa has its own pool, interior gardens, roof decks and amenities
• Contemporary design by renowned Chinese architect, Chai Peigen who
among others has received awards for his design of the Changchun
Broadcasting & TV Centre and Innovation Center of Tsinghua Science Park
• Commenced construction in November 2015 and estimated completion
within 9 months
• WinWin already applied for and obtained Cyprus passports for the Danaos
Gardens investors within 3 months and prior to project completion
Danaos Gardens Renderings
Danaos Gardens Renderings
Danaos Gardens Construction
Seafront Heights
Sunrise Cliff
Available Projects
Seafront Heights 2
Niki Tala Gardens
Universal Gardens
Sea waves Symphony Villas
Sunrise Village
International Villas
Danaos Gardens
WinWin Travel
•
•
•
•
WinWin Travel is a licensed tour operator and the first of its kind to organise and
operate packaged tours from China to Cyprus
The company’s core business benefits from favourable fundamentals:
– Approx. 2.5 million tourists visit Cyprus, c.60% of whom from the UK and Russia
– Since 2012 c. 2,000 Chinese nationals have purchased property in Cyprus with the
view to acquiring permanent residence in the country
– Prior to WinWin Estates opening up this segment of the market, there had not
been any organized attempts of scale to promote package tourism from China
– Chinese worldwide tourists in 2014 reached 117 million, a yearly increase of c.19%
– From a survey conducted by WinWin Travel in China, Cyprus possesses most of the
elements that the Chinese traveller is seeking; pleasant climate, shopping
facilities, modern airports and transportation, cultural and culinary experiences
(including Chinese restaurants), sandy beaches and unspoilt environment
WinWin Travel is a joint venture between WinWin Group and leading Chinese travel
agents
The company has hosted in Cyprus prominent members of travel community of China
including representatives from large private and State tourism organizations of the
country
WinWin Travel Destinations
Immigration
Appendix
Immigration – Residence Criteria
Appendix 1.0
Criteria for accelerated procedure:
•
•
•
•
The applicant must prove that he/ she has at his/ her disposal a secured minimum annual
income of €30,000 from sources other than employment in Cyprus. The necessary minimum
annual income is increased by €5,000 for each dependant person. The required income
could derive from salaries of employment abroad, pensions, rents.
The applicant must also submit a confirmation letter from a Cypriot Bank stating that they
have deposited a minimum capital of €30,000 in an account that will be in a fixed deposit
account for three years.
The applicant must also buy a property in Cyprus for a minimum market value of €300,000
and proof of payment of at least €200,000 or if the property is bought from an off-plan
project the first stage payment must be proved.
The applicant must not engage in any work or business in Cyprus. The applicant must not
constitute in general, a threat against public order or security in Cyprus and must therefore
have a clean criminal record.
Immigration - Documents
Appendix 1.1
Documents Required for Permanent Residency
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Copy of a valid passport
Copy of a valid temporary residence permit
Marriage certificate
Children’s birth certificate
Two passport photos for each member of the family
Recent Curriculum Vitae
Statement of deposits in a Cypriot Bank account
Any bank accounts and their recent balance
Recommendation letter from a bank (certifying that the applicant is a creditworthy client and always meets the
banks requirements)
An income declaration from business etc (original documents are required as well as an affidavit)
Title of ownership or contract of sale of a property in Cyprus, a house, apartment or other building of a minimum
market value of € 300,000 and proof of payment of at least € 200,000. If the property is bought from an off-plan
project then the first stage payment receipt is required. If the title deed is issued then this deed is required. The
contract must also be stamped and deposited at the local Land Registry Office
Health Insurance Policy
Criminal Record Certificate (if the applicant resides abroad, official translation duly validated from the applicants
Country or notarized)
Official statement that the applicant does not intend to work or be engaged in any form of business in Cyprus
All documents must be original, officially translated and properly validated.
What happens next? When the application is successful the client must come to Cyprus at least once every two
years for the Permanent Residence visa not to be cancelled.
Immigration - Documents
Appendix 1.2
Citizenship:
•
•
Cyprus is a member state of the European Union and thus the Cyprus Passport will
entitle the applicant to travel, live and work freely within the entire European Union
and also travel without a tourist visa to more than 140 countries
As per the government announcement of March 28th 2014, the Citizenship by
Investment Program provides as follows:
– A € 2.5 million (plus vat) passport program is available for investors applying after
the 1stof June 2014, subject to complying with the following criteria:
– The applicant owns and retains one property in Cyprus as a primary Cyprus
residence, whose value is equal to or exceeds €500,000; and
– The applicant has investments of at least an additional €2,000,000 in any form of
property in Cyprus, including residential, commercial and/or land.
Citizenship - Conditions
•
•
•
•
•
•
•
The following conditions apply:
The investment properties must be retained for a minimum period of 3 years. During
this time the properties can be rented out or exploited commercially;
If an applicant already owns properties in Cyprus that have been purchased in the last 3
years, then those properties can be included in the calculation of the €2.5 million
amount. If one property is of a minimum value of €500,000, that property can be used
to satisfy the residence requirement;
There is no requirement for applicant to live permanently in Cyprus;
The applicant can expect to receive his/her passport within 2 to 3 months from the
date of application;
The passport program applies for the main applicant, the spouse and any dependent
children (up to the age of 28 at the time of application); and
The applicant has to be a part of a collective investment scheme of €12.5 million (five
applicants for the €2.5million package). Please note that the investment does not need
to be in the same project. WinWin Estates has the ability to put together the other five or
six investors from our extensive pool of applicants to satisfy the collective application
requirements.
Available Projects
Appendix
Appendix 1.3
Seafront Heights
Seafront Heights
A project which consists of 3-4 bedroom detached luxury villas with unobstructed sea views
Seafront Heights
•
In a central location of Chloraka in Paphos:
– 3 minutes from the sea and the English school
– 5 minutes from the Paphos Mall and the Tourist area of Paphos
– 8 minutes from the famous Coral Beach
– 5 minutes from the Centre of the Paphos Town
– 10 minutes from the International School and the Paphos General Hospital
•
All villas will have ample landscaped gardens, balconies and roof gardens with
excellent sea view to the Mediterranean Sea
•
Specifications of each Villa:
– Type A: 180m² Type B:200m² Covered Area
– 300-500m² Plot Area
– 3 - 4 Bedrooms
Seafront Heights
SeaFront Heights
International School
British School
General Hospital
Paphos Mall Centre
Paphos International Airport
Seafront Heights 2
Appendix 1.4
SeaFront Heights 2
A project comprising of 3 large, detached luxury villas and 3 junior detached villas with
impressive sea views
Seafront Heights 2
This wonderful project is located in Chloraka, a tranquil yet easily accessible area of Paphos
within short driving distance from the main attractions and amenities. The design and
scenery combines quality with a modern architectural style. It's consists of 3 mansion villas 2
junior villas and 2 large villas developed on large and spacious plots. The villas are located
within walking distance from the beach.
The views to the ocean are unobstructed and breathtaking. The project is located only 3
minutes away from English School, 5 minutes from Paphos Mall, and 5 minutes away from
tourist area of Paphos as well as 8 minutes from Coral Beach, the most renowned beach of
Paphos. The project is also situated very close to Paphos Town Centre and only ten minutes
away from International school and the General Hospital.
-The 3 Large Villas have 5 bedrooms each as well as a private swimming pool.
The covered area of each villa is 450m² and the land area is approximately 880m² - 1,078m².
-The 2 Junior Villas have 2 bedrooms each and covered area 100m² each. The land area is
200m² on each villa.
-The 2 Large Villas have 4 bedrooms each and covered area 200m² each.The land area is
approximately 317m² - 330m² on each villa.
Seafront Heights 2
SeaFront Heights 2
International School
British School
General Hospital
Paphos Mall Centre
Paphos International Airport
Appendix 1.5
Sunrise Cliff
Sunrise Cliff
Contemporary architecture project with 3 detached luxury villas enjoying open bay views
Sunrise Cliff
•
•
•
•
•
•
•
One of the last home sites within "Kamares Village", an international luxury resort
community with more than 1,000 residents and numerous international awards,
including two by FIABCI
Panoramic sea views, arguably the best in the entire resort
A few kilometers from Paphos downtown, less than 10 minute drive from Coral
Bay, one of the best beaches of the island and 10 minute drive from the
International school of Paphos.
Adjacent to Tala, a picturesque village with local tavernas, restaurants and bars
The project consists of 3 exclusive, detached, luxury villas
Lift to access properties due to spectacular elevation
Each villa has a private swimming pool, large-size landscaped gardens and roof
terraces with excellent sea views
Specifications for each Villa:
– 150m² Covered Area
– 385-403m² Plot Area
– 3 Bedrooms
Sunrise Cliff
Sunrise Cliff
British School
International School
General Hospital
Paphos Mall Centre
Paphos International Airport
Appendix 1.6
Sunrise Village
Sunrise Village
A handful of 7 custom-made, detached villas with contemporary architectural style,
energy-efficient and functional design maximizing sea and mountain views
Sunrise Village
•
A unique project on the last large development plot of "Kamares Village", an
international luxury resort community with more than 1,000 residents and numerous
international awards, including two by FIABCI
•
Panoramic sea views on cliffs overlooking Coral Bay
•
Ideal climate with mild winters and fresh summers.
•
A few kilometers from Paphos downtown and less than 10 minute drive from Coral Bay
•
Adjacent to Tala, a picturesque village with local taverns, restaurants and bars
•
A handful of 18 custom-made, detached villas with contemporary architectural style,
energy-efficient and functional design maximizing sea and mountain views
•
Each villa comes with ample outside space for private garden and, at client's request, a
private swimming pool
•
Communal areas including swimming pool and club areas
•
High-quality construction, compliant with EU specifications
Specifications for each Villa:
– 180-200m² Covered Area
– 500-550m² Plot Area
– 3-4 Bedrooms
Sunrise Village
Sunrise Village
British School
International School
General Hospital
Paphos Mall Centre
Paphos International Airport
Appendix 1.7
Niki Tala Gardens
Niki Tala Gardens
Project on the outskirts of Tala village, the most popular traditional village of Paphos
comprising a total of 14 maisonettes (terrace houses)
Niki Tala Gardens
•
Area affording seclusion and privacy whist being walking distance to the
village square, buzzing with local taverns, restaurants and bars
•
A few kilometers from Paphos downtown, less than 10 minute drive from
Coral Bay, one of the best beaches of the island and 10 minute drive from the
International school of Paphos
•
Total of 14 maisonettes (terrace houses), with common swimming pool and
leisure amenities. Each unit includes a closed garage and utility space at the
lower ground level, living/dining area, kitchen and bathroom on the ground
floor, two bedrooms and full bathroom on the upper floor and a fully-tiled
roof garden
•
Situated on the outskirts of Tala village, the most popular traditional village of
Paphos
•
A Unique living experience; Luxury open plan interiors with panoramic sea
and mountain views
Niki Tala Gardens
Niki Tala Gardens
British School
International School
General Hospital
Paphos Mall Centre
Paphos International Airport
Sea Waves Symphony Villas
Appendix 1.8
Symphony of waves Villas
Project comprises 8 luxury Villas with contemporary design, just 600m from the sea
Sea Waves Symphony Villas
• The project consists of 8 luxury villas designed to meet the requirements
of demanding Chinese buyers by adopting feng shui methods
• Located on the south of Kissonerga village:
– 600m from the sea and the main tourist zone
– 5 minute drive from the famous Coral Bay
– 5 minute drive from the Paphos Mall Centre and the tourist area of
Kato Paphos
• All villas enjoy unobstructed view to the sea and they will have
swimming pool and ample, landscaped gardens
• Design by a joint venture team of Chinese and Cyprus architects
• The area of each unit is 170m² and the land plot varies from 330m² to
500m²
Sea Waves Symphony Villas
Sea Waves Symphony Villas
British School
International School
General Hospital
Paphos Mall Centre
Paphos International Airport
International Villas
Appendix 1.9
International Villas
International Villas
This project consists of 3 Junior Luxury Villas and 2 Large Luxury Villas just a few meters
from the International school located in Anavargos. Each villa will have 4 bedroom and to
be completed to the highest standard within the next 12 months.
The property offers optional garage and central heating provisions. Each unit boasts
covered terraces and sun-filled patios and offering fantastic indoor-outdoor living
experiences. The area has become one of the most exclusive neighbourhoods in the
Paphos District due short walking distance to International school and major city
amenities .
Due to its proximity to the city and its location within an area of natural beauty, the
properties can uniquely be used both as a primary residence and a holiday home.
Junior Villas:
4 bedrooms
3 Bathrooms
200m² covered area
250m² land area
Large Villas:
4 bedrooms
3 Bathrooms
225m² covered area
340m² land area
International Villas
British School
International School
International Villas
General Hospital
Paphos Mall Centre
Paphos International Airport
Universal Gardens
Appendix 1.10
Universal Gardens
Universal Gardens
“Building your dreams a home”
Universal Gardens available in the best location of Universal in Paphos. The villas
area located approximately 1.5km from the beach.
2 Big Luxury Villas or 3 Junior Villas
4 bedrooms each
163m²-220m² covered each
157m²-340m² land area each
Private S.pool, Landscape gardens
Parking Spaces, Storage rooms
International School
British School
General Hospital
Paphos Mall Centre
Universal Gardens
Paphos International Airport
Danaos Gardens
Appendix 1.11
Danaos Gardens
Danaos Gardens
• Danaos Gardens compromise six super luxury villas ideally located
between Paphos Harbour and the sandy beaches of Coral Bay. Is the
perfect place for enjoying the unobstructed sea view and the panoramic
view of Paphos centre. Designed, permitted and currently under
construction for a prominent Beijing based import-export group in the
fashion industry.
• Located 100m from the sea with panoramic water views of the open bay
in close vicinity to Paphos harbour, Paphos mall and international schools
• The project comprises 2,320 covered m2 and a land plot of 3,859m2:
– 6 luxury 4-bedroom villas each with 360m2 of internal covered areas
– Each villa has its own pool, interior gardens, roof decks and amenities
Danaos Gardens
Danaos Gardens
British School
International School
General Hospital
Paphos Mall Centre
Paphos International Airport
Disclaimer
This document has been prepared to provide general information about the business
described herein. It is a confidential communication to, and solely for the use of, the
recipient. It is not addressed to any other person and the recipient may not copy, disclose or
use this document or any part of it for any purpose whatsoever. It expresses no views as to
the suitability of the business described herein to the individual circumstances of any
recipient. The purpose of this document is to give initial detail in to describe the business
and the organisation to a financial institution providing debt financing. The information
contained in this document is subject to updating, completion, modification and
amendment. This document may refer to future events or circumstances which, while
anticipated, have not at the date of this document occurred. This document does not
constitute or form part of any offer to sell or solicitation of an offer to enter into a business
transaction or relationship. Therefore, no person receiving a copy of this document may
treat it as constituting an offer or invitation to him to invest, nor may he copy it for
transmission to another person. This document has been prepared from sources which are
believed to be accurate. However, in producing it, the Principals of WinWin Group, where
indicated, relied on information obtained from third parties and accept no liability for the
accuracy or completeness of such information. It is the responsibility of every person
reading this document to satisfy himself as to the full observance of the laws of any relevant
country, including obtaining any government or other consent which may be required or
observing any other formality which needs to be observed in that country. Past
performance should not be seen as an indication of future performance and will not
necessarily be repeated.