From: Mohamed Waheed Hassan • To: "Jeffrey E." <[email protected]> Subject: Re: Hi Date: Tue, 27 May 2014 00:49:59 +0000 Budget for the (Project 1) Private Island Retreat is 25 million. Preferably for one investor. ( you will have a small stunningly beautiful island with about 10 villas, each with three or four bedrooms. Retreat will be fully contained with its own electricity, water and F and B services.) Budget for the (Project 2) Innareha 5 Island Cluster is about 400 million. It is the next big thing that is happening in Maldives. It will be an international story for the industry to talk about. Let me know if you think we can work on any of this. I will send you more information. We can get our people to work together on details. Let me know how you would like us to proceed. When you come you will be hosted by Didi and me. As I mentioned Didi is my partner and very good friend of Sol and Sultan. You will enjoy meeting him and to be entertained. Thanks Waheed Sent from President Waheed's iPad On May 26, 2014, at 7:22 PM, "jeffrey E." <[email protected]> wrote: budget for each, ? and yes I would like to viist On Sun, May 25, 2014 at 11:00 PM, Mohamed Waheed Hassan > wrote: Hi, How are you. Hope all's well. Did you have a chance to reflect on the two projects I mentioned. Any chance that you could help find investors. project 1: Fuggiri. I am thinking that I want to develop the little island as a private retreat for VVIPs. We could build a few villas in a short time and market the whole island instead of rooms. We have one such island now in Maldives and they are charging 35k per night. I believe we can do better with Middle Eastern royal families and our rich Russian clients. We have the capacity locally to design and build, and manage such an island. I hope you got the additional pictures I sent. Project 2: Innareha Cluster Singaporian party currently talking but offer is only 10 percent for local party, and 10 million for acquis