Amata Hotels

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United International Group Limited (“UIG”, the “company” or the “Amata Hotels”), wholly owned by Mr. U Win Aung (the “sponsor”) together with his wife, has 3 operational hotels in Myanmar under the Amata umbrella, including: 92-room Amata Ngapali Beach Resort, http://www.amataresort.com 76-room Amata Garden Resort Inle http://www.amatainleresort.com, and 31-room Amata Boutique House Bagan http://www.amatabtqhouse.com. The sponsor plans to expand his existing operations in Bagan and Inle through the construction of a new 144-room hotel in Bagan in close proximity to the existing Amata Bagan hotel (http://www.google.com.hk/maps/@21.1332103,94.8715459,256m/data=!3m1!1e3); and a new 110-room hotel and 20 villas development on the same site (goo.gl/maps/6C1cDCoqtMR2) as the existing Amata hotel in Inle (together, the “project”). The project will be undertaken in 2 phases, with Phase I comprising of 72 rooms in Bagan, 55 rooms and 20 villas in Inle, and shared facilities such as lobby, restaurant, etc. in both hotels (“Phase I”), and Phase II comprising of 72 rooms in Bagan and 55 rooms in Inle (“Phase II”).IFC is considering to provide a loan of up to US$13.5 million for the proposed project; with US$8.5 million for Phase I and US$5 million for Phase II.