Company Identity

Name:

Heng Development Co., Ltd

Nature:

Local Company

Address of Local Office:

#021, Street 104, Sangkat Mittapheap, Krong Takhmao, Kandal Province

Name and Nationality of Director:

Ms. Sieng Chanheng, Khmer

Company Registration:

Registered

Legal Papers and Right for Investment

• Letter 07/03 dated 17 July 2006 by Company requesting for 10,000 hectares of land concession located in Andong Meas District, Rattanakiri Province.
• Letter No. 4879 KSK dated 19 September 2006 by Ministry of Agriculture, Forestry, and Fisheries on the request land concession 10,000 hectares located in Andong Meas District, Rattanakiri Province for investment in agro-industry and other trees.
• Minute dated 27 July 2006 on study and evaluation on 10,000 hectares of land concession located in Andong Meas District, Rattanakiri Province for investment in agro-industry and other trees.
• Report dated 03 August 2006 on the result of study and evaluation on 10,000 hectares of land concession located in Andong Meas District, Rattanakiri Province for investment in agro-industry and other trees.
• Letter No. 1603 SCN dated 28 September 2006 by Council Minister on the principle approval for 8,654 hectares of land concession located in Andong Meas District, Rattanakiri Province for investment in agro-industry and other trees.
• Letter No. 1503/139 KSK.NP.PK dated 22 March 2006 by Ministry of Agriculture, Forestry, and Fisheries on the request of Full Power Delegation for signing contract on 8,654 hectares of land concession.
• Letter No. 33 SBT dated 29 March 2006 by Royal Government on the full power delegation to Minister of Ministry of Agriculture, Forestry, and Forestry to sign the contract with company.
• Minute dated 28 February 2006 on study for identification of boundary, investigate on concerned area in land concession 8,654 hectares located in Andong Meas District, Rattanakiri Province for investment in agro-industry and other trees.
• Report dated 06 March 2006 on the result of study for identification of boundary, investigate on concerned area in land concession 8,654 hectares located in Andong Meas District, Rattanakiri Province for investment in agro-industry and other trees.
• Receipt No. 21069 dated 27 April 2006 by National Bank of Cambodia.
• Signed the contract on 09 June 2006 with Ministry of Agriculture, Forestry, and Fisheries

Land Area

8,654 hectares

Location of Land Site

Andong Meas District, Rattanakiri Province

Coordinates

A:759000-1546000, B:763000-1546000, C:763000-1541000, D:764500-1541000, E:765000-1547000, F:765000-1536000, G:764700-1534000, H:766500-1532600, I:765000-1530000, J:765000-1528750, K:763000-1528600, L:760000-1528600, M:758000-1529000, N:758000-1527250, O:758000-1527700, P:756000-1528650, Q:756500-1531000, R:755000-1532000, S:758000-1533750, T:760400-1532650, U:762000-1535000, V:762400-1537700, W:760800-1538650, X:760150-1541000, Y:759000-1542000

Purpose of Investment

Agro-industry 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 February 2006.
• Ministry of Agriculture, Forestry and Fisheries permitted for clearance along boundary by Letter No. 4003/314 KSK.NP.PK dated 26 July 2006.
• Under process of revision master plan.
• Ministry approved on Master plan by letter 1601/129 KSK dated 22 March 2007.

Measures of Ministry of Agriculture, Forestry and Fisheries

Push company to revise master plan