Royal Capital Management Inc Watch

from SB-2/A 3 pages Date : 15th August 1999 Ref. : M/S. City MIX Concrete P.O. Box 47427 Abu Dhabi Attention of Mr. Radulovic Dear Sir, Re : Account No.4202-123043-001 With Reference to Your Letter Dated 5th August, 1999 and Further to Our Discussions, We Are Pleased to Advise You That the Following Facility Has Been Approved in Your Favour. Facility Amount Rate of Interest Loan Aed.3,900,000/- 10.5% P.A. Security • Mortgage of 16 Astra Brand 1999 Model Mixer Trucks With Total Value of Aed.6.5 Million • Assignment of Insurance • Undated Cheque for the Loan Amount the Loan Is to Be Repaid in Full Over a Period of 36 Months in Monthly Instalments of Aed.108,333.33 Plus Accrued Interest With Effect From November, 1999. You Will Be Charged Aed.8,625/- Upfront as Management Fees. Continuation 2 Mts. City MIX Concrete 15/8/99 You Are Kindly Requested to Comply With the Legal and Security Documentation Requirements to Enable US to Release the Loan. Yours Faithfully, 28/6/03 City MIX LLC Pob 47427 Aid- Uae