OPTION 1
1. The CONF Group Company have to loan from CITIC to request amount 1,100 Million Baht to project development by 2 credit
• Fist of credit 400 million baht , The CITIC give to CONF Group for prepare construction in project , such as soil preparation, construction, retaining walls , fences, road servitude , water and electricity supply and design permits etc. To date, the mortgage at the land office. The land plots as collateral and the CONF Group agree to pay interest on a monthly basis according to the CITIC agreed rate.
• Second of credit 700 Million Baht, The CITIC will be main construction example is building , lobby swimming pool, Wastewater Treatment , electricity and water system, air conditioning system and Furniture ..etc
2. The CITIC will be construction in finish within 18 months
3. The CONF Group will be payback loan and construction cost.
• Month in 19-39 by CONF Group will be mortgage Condominium is 5 % of month and loan pay back 5% of the total loan. The total payback duration is 21 months about 84% of the total loan
• Month in 40 is payback of loan 16% of the total loan and the entire loan amount and mortgage all.