INVITATION 

ON BEHALF OF PROMOTERS 

TO PARTICIPATE IN EQUITY 

IN 

'ALANZO I' PROJECT

PROJECT: ALANZO I

PROJECT DESCRIPTION: Alanzo I is based on the architecture of a traditional Chinese Junk and a complete wooden ship, being a reproduction of a historic and pirate Chinese junk (hereinafter referred to as the "Chinese Junk"). It is currently under construction at Mumbai, India. - the details (Information Memorandum) of the said project can be download from this page. The estimated project cost is Euro 10.3 million that includes the ship building cost of Alanzo I, and one year administration and operation cost. The Promoters have commenced the project and have already invested Euro 1.3 million in the design and building of the said Chinese Junk. 

PROJECT COST: EURO 10.3 MILLION

INVESTMENT REQUIRED: EURO 9 MILLION 

INVESTORS SHARE: 58% IN THE PROJECT, EQUITY PARTICIPATION FOR INVESTING EURO 9 MILLION

CONTACT PERSON: MS. SHWETA JAIN 
                                       shwetajain@alanzo.de

LAST DATE OF SUBMISSION: SEPTEMBER 20, 2008

GENERAL: The Promoters have conceptualised a business idea of business around heritage replica vessels. The present business is modeled on Alanzo I contemplated to sail as luxury ship. Alanzo I is based on the architecture of a traditional Chinese Junk and a complete wooden ship, being a reproduction of a historic and pirate Chinese junk (hereinafter referred to as the "Chinese Junk"). It is currently under construction at Mumbai, India. - the details of the said project is at Information Memorandum. 

The estimated project cost is Euro 10.3 million that includes the ship building cost of Alanzo I, and one year administration and operation cost. The Promoters have commenced the project and have already invested Euro 1.3 million in the design and building of the said Chinese Junk. 

The Investor will agreed to participate in equity of the said project and invest Euro 9 million being the estimated project cost to fund the project. The original project was conceptualized under 'Club Alanzo VIP Cruises GmBH' a company organised under the laws of Germany, the promoters represent that the title of the said Chinese junk are with the promoters the promoters and /or the above stated Chinese junk 'Alanzo 1' are not bound to work under the said company Club Alanzo VIP Cruises GmBH and are free to take steps to work the project as the market demands.

Mr Alanzo Langeckar has the right, title and interest in the said Chinese Junk, which is presently under construction.

The Investor will agreed to participate in the equity of the said project by its contribution of Euro 9 million and agrees thus to be entitled to an equity of 58 % in the project with rights to management participation.

The Parties will agreed to setup a company with the name of ................................. at British Virgin Island (BVI) or as may be permissible under BVI laws (hereinafter referred to as "the Company") and parties have agreed to subscribe to the shares as shareholder in the ratio described herein.

After incorporation of the said Company and with effect from the first remittance installment of Euro 2500000 from the investor, as per remittance schedule, Mr. Alanzo Langecker will transfer the said Chinese Junk to the said Company at BVI.

The Parties will set out their business and commercial understanding / relationship that would form the basis for the finalisation of definitive agreement(s), which would set out the contractual rights and obligations of the Parties.

Germany based promoters are seeking equity partner to participate in Alanzo I project as per Information Memorandum. 

 

Alanzo I a Chinese junk, a traditional wooden ship based on the fleet of the 15th century Chinese Admiral Zheng He, is a reproduction of a historic and pirate junk ship ˜The Red Dragon", built during 1805-1834. 

The initial ship in the fleet, Alanzo I, the largest junk in the world, is already under construction at shipyard in Mumbai. The ship is being built using timber including Teak, Balau, Sal, Camphor Wood and Babool. Designs for the ship were drawn up by a local company called CyberMarine Knowledge Systems, with interiors by Indian designer Fali Unwalla, at the behest of a Hamburg born conceptualiser, Mr. Alanzo Langecker.

The junk will have a draught of upto 3 m, enabling it to access areas which are inaccessible to larger ships.

Measuring 49.5 m in length and 9.8 m across the beam, the 600 GT Alanzo I will carry 17 crew and 12 passengers in nine cabins. Equipped with two 450 BHP Volvo D16 diesel engines, two propellers and one bow thruster, the new vessel will offer outstanding maneuverability as well as excellent handling. Cabins will include two 540 sq ft owners (royale) suite, and a further seven 320 sq ft cabins, as well as a mess room, a salon and a roof restaurant. Cabins are to be decorated in a variety of styles, ranging from Japanese to Indian, Moroccan and Baroque. Each cabin has its own specialty and different interior design to offer.

A traditional construction techniques are used for construction of this fully air-conditioned wooden cruiseship, treated with fire retardant chemicals to meet International class requirements. The cruiseship is equipped with the latest electronic gadgets and navigation equipments on board. The hull of the ship is built as per standards of the International Maritime Organisation with three masts and a large sail area. Powered by the Volvo engine, ship will sail with a speed of 10 knots per hour and will fly Panamanian flag. 

The ship will be repositioned at Europe and will be based in Barcelona for cruises to Nice, Cannes, Monaco or the Balearic Islands. From January to the end of May, the Alanzo I is mainly to be used in the Caribbean before it moves to the Mediterranean. From October to December, it is expected to be chartered out.

The best ship builder, architect, designer, suppliers etc are working closely together for building of the junk under direct supervision of Mr. Juergen Wolff and their project manager to maintain quality right from inception stage. 

Hotel partners for the project include Dubai's iconic Burj Al Arab and the Sandy Lane hotel in St James, Barbados. The emphasis remains largely on the luxury end of the market.

 

Promoters, at this moment are open to every participation to the project, participation could be a partnership or a joint venture by incorporating a company at British Virgin Island (BVI).