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SBLC

  • UAE UAE  
  • Last Updated:
    Posted on: 31 Jul 2024

Buyer Information

RFQ Details

My client is AE Arma Elektropanc Electromechanical Co LLC based in Dubai Investment Park with major operations and offices in the UK. They�re HQ�ed in Turkey and present in 11 countries. Below are the details for the project facility & account requested through the assignment of receivables from the project. The main contract is for 310M. There's an additional part to the project which has a separate LOI for the SMART aspects of the HQ building. The value for that part for Arma is 117M. The client: DEWA HQ building ( Government entity) Main contractor: Ghantoot Group Subcontractor: Arma Elektropanc Contract Price: 310M AED Second LOI: 117M AED The required facility: Advance bond - 10 %; 31M AED. Performance Bond - 10%; 31M AED. PPC discount � 20M AED L/C facility � 70M AED Attachments: 1. LOA 2. Project brief information 3. 2017/2018/2019 Audited reports I also have the project cash-flow and banking status with FAB. If you think they�re useful to look at. Further information can be found on the web site: www.arma-elektropanc.com Please do not hesitate to contact me should you need any further details. Thanks Tulay Berkpinar Farra Esq. Managing Partner Everquest Ventures Legal Consultancy FZ LLC E-mail: *@********************Tel: +971 56 972 9730


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