PHILAND RANCH LIMITED (“PHILAND”, “the Company”, “we”, “the team”), incorporated in June 2009 under the laws of England and Wales, Company No. 6923797, is engaged in the development of master-planned communities, commercial and residential properties, industrial projects, hospitality, and healthcare services in Vietnam and the growing economies of Southeast Asia (www.philandranch.com). The Company’s ordinary stock is listed on the Open Market Segment of the Frankfurt Stock Exchange (Trading symbol: 1P8, WKN A0RPEA) and is in the process of being upgraded to the Entry Standard as well as traded as an ADR (American Depository Receipt) in the US market in the near future.
The Company’s first project is in the central region of Vietnam through its wholly-owned subsidiary PHILand Vietnam Ltd. The PHILand Ranch Master Plan (PRMP) is a multi-million dollar development program encompassing approximately up to 300 acres of land, which incorporates properties located in Chu Lai, in the Quang Nam Province of central Vietnam. Investment license and permits for land usage and construction are registered under PHILand Vietnam Ltd. and granted by the Authority of Chu Lai Open Economic Zone, Quang Nam Province, as authorized by the central government of Vietnam.
The Company has also investigated other development opportunities in Hanoi, Ho Chi Minh City, and other major cities in Vietnam.
The central and provincial governments of Vietnam have demonstrated a series of proactive business investment policies over the last seven years to attract more industry into region. PHILAND has been given the opportunity to implement PHILand Ranch Master Plan (PRMP) to provide the Quang Nam Province with the essential elements for a long-term growth and development plan that will fuel the region for generations to come.
PHI Land Phase Plan
PRMP is an orderly development of the central region of Vietnam, featuring a balance of land to support industrialization and tourism growth for the Quang Nam Province and its neighboring communities.
PRMP features a luxury hotel & resort destination, several planned mixed-residential communities, commercial-retail spaces, recreational and leisure facilities, entertainment venues and industrial parks. The intricate design reflects a reverence for the natural topography of the land, the people and culture of Vietnam, and will increase the growing foreign and domestic interest in the area. PRMP also includes sufficient schools, religious facilities, parks, roads, and utilities to serve the PHILand Ranch Community.
With the government’s favorable policies in place, central Vietnam is positioned to be a strong industrial hub and tourist destination. The area continues to offer favorable tax incentives and a low cost/trainable workforce and has been successful in attracting domestic and manufacturing corporations into the area. In combination with today’s most innovative designs, leading building techniques and eco-friendly materials, PRMP promotes a higher standard of living and expects to create enduring value for all stakeholders.
PRMP commences with Pointe91, a high-end residential and resort community in Bien Rang, Chu Lai, Vietnam. Located on an exclusive and majestic bluff overlooking the South China Sea, with rocky shores that extend to the north, and seemingly endless sandy beaches southward, the 118-acre (41.7 hectare) development is encompassed by a diverse topography, and will grow to an eventual 300 contiguous acres. Pointe91 offers luxury accommodations in an exclusive community, including 227 grand private home residences in seven separate communities, an exclusive Five-Star Riviera Beach Hotel & Spa with 180 rooms, and 30 detached premium residences that will be offered as a Private Residence Club.
Pointe91 also features spectacular attractions like the outdoor 250-seat amphitheatre with the South China Sea backdrop, an International Commercial-Retail Centre, a state-of-the-art Management Executive Education Training Facility, recreational parks, and miles of hiking and jogging trails along the scenic and natural terrain exclusive to Pointe91.
Pointe91 Site Plan Residential Living Community & Amenities at Bien Rang, Chu Lai in Central Vietnam
Pointe91 is strategically located less then ten minutes away from the Chu Lai Airport. In accordance to the government’s plan, the Quang Nam and Chu Lai area will continue to experience an increase in tourism. The Chu Lai Airport is scheduled to be upgraded to meet international standards and will be capable of facilitating upwards of 4 million visitors a year by 2015. Pointe91 is a choice destination to accommodate these guests from Southeast Asia, Europe, Australia, and the US, as well as the fast-growing, local affluent Vietnamese population.
The development of Pointe91 will set a precedent for projects in Vietnam. Pointe91 is an exclusive piece of property, previously occupied by the U.S. Americal Division during the Vietnam War in the 1960s and early 1970s. This premier residential-resort community and the PHILand housing, construction, and industrial components which may be scheduled to be implemented in the adjacent areas to Pointe91 are forecasted to produce hundreds of US$ million in revenues over the next ten years of operation; creating thousands of job opportunities, while yielding attractive profit margins and excellent returns for all participants.
In the first stage, PHILAND will develop Pointe91 to establish the market and create the demand for future PHILAND communities. PHILAND will reach its first milestones in the third quarter of 2011 by ground-breaking ceremony at Pointe91, securing Certificate of Land Use Rights for the prject, completing grading work and starting the construction of the first phase at Pointe91. The Company has adjusted its construction phases for the project, bringing on the most liquidity creation products to be implemented in the first phase. As scheduled, the Company shall fulfill its second landmark at the end of 2012 by launching its products of Pointe91 project and others to the market.
PHILAND plans to use its wholly-owned real estate investment arms in Vietnam, PHILand Vietnam Ltd. and PHILand Investments Ltd., as platforms to take over and mobilize investment capital for residential purpose projects in major cities of Vietnam as Ha Noi, Ho Chi Minh City and some others with the objective of creating liquidity from sales of condominiums and villas.
PHILAND’S wholly-owned subsidiary Hanoi-based PHILand Investments Ltd. has recently advanced discussions with several Vietnam-based developers and conducted due diligence on several potential real estate development projects for hotel-resort, office buildings, and residential properties in Ha Noi and other cities/provinces of Vietnam and has already signed Letter of Intent with some of them to take over, partner, co-develop and/or assist in sourcing capital needed for construction of project. This promises to add more great value to the Company and its shareholders.
Pointe91’s Luxury Living Community and the featured Five-Star Riviera Beach Hotel & Spa are forecasted to produce nearly $490 million in revenues; yielding more than $156 million in EBITDA. In addition, Private Residence Club properties is forecasted to produce over $63 million in total revenues $28 million EBITDA. In addition, the Free Trade Zone and the Open Economic Zone will also produce stable, long-term recurring revenues, thousands of jobs, and economic growth for several decades to come.
With over 100 years of accumulated experience, the PHILAND team is comprised of international real estate marketers, world-class architectural designers and land planners. We have Vietnamese real estate law expertise and a network of infrastructure development and construction companies in Vietnam to help us ensure cost saving benefits through each step of the process. Together, we have developed over 50,000 acres of land all over the world with state-of-the art hospitality, recreational facilities and commercial and residential properties. With our expertise and network of resources, we have the ability to properly brand, market, and merchandise our subject properties successfully thus sustaining long-term growth and creating value for investors and partners as well as for the country of Vietnam.
PHILAND is currently listed on the Open Market Segment of the Frankfurt Stock Exchange. Total authorized capital: 100,000,000 shares. Total issued and outstanding: 24,859,800 shares. PHILAND is currently conducting the financial audit to upgrade its listing to the Entry Standard level on the Frankfurt Stock Exchange and to list its shares as ADRs (American Depository Receipts) in the U.S. stock market in near future. In 2009, an international emerging market fund which manages $3.4 billion in assets, has agreed to provide PHILAND with a 50 million Euro subscription agreement for working capital, acquisition, and general corporate purposes.
