SA Paulownia Investment Co. (Pty) Ltd

P O Box 586

Gallo Manor, 2052

Tel : (011) 802-1167

Fax : (011) 802-7060

Fax to email: 0866 724 456 (confidential)

 

SUMMARY OF SA PAULOWNIA INVESTMENT COMPANY (PTY) LTD FRACTIONAL FORESTRY INVESTMENT OPPORTUNITY: 

o    As an investor in the Honeylane Trading (Pty) Ltd Fractional Forestry Investment Opportunity I acknowledge that the Fractional Forestry Investment Opportunity has been explained to me and that the following information (listed below) has been disclosed and explained to me.

 

1.         INVESTMENT                                                                                                                 

1.1        The Investors’ funds are paid directly into S A Paulownia Investment Co.(Pty) Ltd Trust Account administrated by Tayfin Auditors.

1.2        A letter of receipt is then issued to the investor.

1.3        Approximately a month after receipt of the investment amount, SA Paulownia Investments Company (Pty) Ltd will issue the investor with the original investment contract and share certificatein the name o fhon .

1.4        Payments not made in compliance with FICA requirements, will be deemed not made until the FICA requirements are met.

 

2.         STRUCTURE OF THE INVESTMENT

2.1        A separate South African Holding Company is set up for each Fractional Forestry Investment Block.

2.2        The investors will hold 100% of the shareholding in the South African Holding Company.

2.3        The investment amount is allocated to purchase shares in the South African Holding Company.

 

3.         ANNUAL GENERAL MEETINGS

3.1        The investors will be notified in writing before the compulsory Annual General Meeting.

            3.2        At these meetings, the audited financial statements will be discussed with the investors.

3.3       

 

4.         RESALE OF SHARES

4.1        The process of resale of shares is facilitated by SA Paulownia Investment Company (Pty) Ltd after written notice hereof by investor to SA Paulownia Investment Company.

4.2        In conjunction with the seller and with the 30 day right of refusal adhered to by co-shareholders, SA Paulownia Investment Company (Pty) Ltd will determine a market related sales price.

4.3        Should the offer not be accepted by co-shareholders, costs will be payable due to charges incurred.

4.4        The whole process could take between 1 and 4 months.

 

5.         AUDITING OF ANNUAL FINANCIAL STATEMENTS

Annual audits of the Holding Companies are signed off by Tayfin Auditors.

 

6.         I read  and have perused these documents and understand them and I am willing to associate myself with the risks set out therein.

 ACKNOWLEDGEMENT OF INFORMATION DISCLOSURE: 

Investor / Shareholder:

 

 

Residential Address:

 

 

 

 

 

                                                       Postal Code:

Identity number:

 

 

Telephone number:

 

 

Cell No.:

 

 

e-mail :

 

 

Signature (Investor):

 

 

 IN TERMS OF FICA REQUIREMENT PLEASE FAX A COPY OF YOUR UTILITY BILL WITH THIS APPLICATION TO 0866 724 456