Company Identity

Name:

Great Asset Agricultural Development (Cambodia) Co., Ltd

Nature:

Foreign Company

Address of Local Office:

#326, Kampuchea Krom Blvd, Sangkat Vealvong, Khan Tuol Kork, Phnom Penh

Name and Nationality of Director:

Mr. Yao Yong Zhong, Chinese

Company Registration:

Registered

Legal Papers and Right for Investment

• Letter dated 17 May 2006 by Company.
• Letter No. 3827 KSK dated 18 July 2006 by Ministry of Agriculture, Forestry, and Fisheries on the request land concession 10,000 hectares located in Sambo district, Kratie Province for investment in plantation of Pistacia Chinasis Bunge.
• Minute dated 08 June 2006 on study and evaluation on 10,000 hectares of land concession located in Sambo district, Kratie Province for investment in plantation of Pistacia Chinasis Bunge.
• Report dated 19 June 2006 on study and evaluation on 10,000 hectares of land concession located in Sambo district, Kratie Province for investment in plantation of Pistacia Chinasis Bunge.
• Letter No. 1132 SCN dated 21 July 2006 by Council Minister on the principle approval for 8,985 hectares of land concession located in Sambo district, Kratie Province for  investment in plantation of Pistacia Chinasis Bunge.
• Letter No. 3919 KSK dated 24 July 2006 by Ministry of Agriculture, Forestry, and Fisheries on the request of Full Power Delegation for signing contract on 8,985 hectares of land concession.
• Letter No. 91 SBT dated 25 July 2006 by Royal Government on the full power delegation to Minister of Ministry of Agriculture, Forestry, and Forestry to sign the contract with company.
• Receipt No. 36296 dated 03 August 2006 by National Bank of Cambodia.
• Signed the contract on 11 August 2006 with Ministry of Agriculture, Forestry, and Fisheries

Land Area

8,985 hectares

Location of Land Site

Sambo District, Kratie Province

Coordinates

A:618607-1476409, B:630997-1477213,  C:630997-1473085, D:629009-1472959, E:628985-1473761, F:627373-1473735, G:627407-1473418, H:626007-1473337, I:626030-1473022, J:625025-1472986, K:625007-1471999, L:623777-1471989, M:622624-1469581, N:623464-1465336, O:626227-14559937, P:627041-1457891, Q:623137-1457891

Purpose of Investment

Pistacia Chinasis Bunge and other trees plantation

Duration of Contract

70 years (Seventy Year)

Land Utilization Plan

Included in master plan

Progress of Implementation after Signing Contract

• Finished the identification of demarcation points and survey on concerned area in August 2006.
• Ministry of Agriculture, Forestry and Fisheries permitted for clearance 50 hectares by Letter No. 5279/412 KSK.NP.PK dated 02 October 2006.
• Constructed 8 Km road.
• Preparing master plan.
• Due to the site exists of good forest, the Ministry ask the company to identify new site.
• The new site have been identified and submitted to Royal Government for approval.

Measures of Ministry of Agriculture, Forestry and Fisheries

Push company to prepare master plan and annual detail plan