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International Silat General Trading & Contracting W.l.l. C.R 94618 – CAP. KD50000

SILATCO Company Profile. International Silat General Trading & Contracting W.l.l. C.R 94618 – CAP. KD50000 P. O . B o x : 22379 S a f a t Z. C . 1 3 0 8 4 , K u w a i t T e l : + 9 6 5 9 6 6 2 8 5 7

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International Silat General Trading & Contracting W.l.l. C.R 94618 – CAP. KD50000

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  1. SILATCO Company Profile InternationalSilat General Trading & Contracting W.l.l. C.R 94618 – CAP. KD50000 P. O . B o x : 22379 S a f a tZ. C . 1 3 0 8 4 , K u w a i t T e l : + 9 6 5 9 6 6 2 8 5 7 T e l : + 9 6 5 2 4 6 6 4 4 6F a x :+ 9 6 5 2 4 6 6 4 4 7E m l : info@silatco.com E m l : billal@silatco.com ___________________ Location: Danat Commercial Centre Abdulla Al-Ahmad St. Sharq Area Kuwait Prepared by: Billal Saoud - General Manager International Silat General Trading & Contracting Co. WLL

  2. Covering Note Dear Sirs: Silatco. have noticed that many foreign entities, of individual or corporate natures, plan to have a "Legal Presence" in Kuwait & when they pursue such endeavor in a new area to them, they come across & encounter unknown hurdles and obstacles such as: The local taxation, Arabic language barrier, follow-up of trade licenses renewal, recruitment and employment license hurdles, management and distribution of monthly financial transfers, shipping, handling, insurance etc. Other foreign entities that do have a "Presence" in Kuwait - through a local representative, "Agent“ or through a JV formed under the corpotate type of, say a WLL (LLC), encounter many obstacles as a result of certain misapplication or misunderstanding of the legal rule pertaining to, e.g., shares’ distribution being 51% to Kuwaiti nationals (as Min) and 49% to foreigner (as max), "Control" powers (voting & management) as well as “Title” (ownership). By properly and duly attending to such sensitive issues, Silatco enables to its associated foreign companies to focus on their main business objectives they came to achieve in the first place, be safe and avoid dragging their legal entities into areas that contravene with their main "business objectives" or impede them in a significant manner. Having noticed such burdens and obstacles, our company came up with two business facility modules which, when fully applied, would enable a foreign entity to evade such obstacles or at least minimize their negative effects significantly. Through entering into an FMA ("Facility Management Agreement") with our company, coupled with the adoption of our suggested LPM ("Legal Presence Module"), a foreign company will enjoy a Safe and Effective business performance.

  3. For additional information on “FMA or LPM” please do not hesitate to contact the GM of Silatco. Mr. Bilal, who will give you an elaborated explanation on those concepts in operation, applicable collaterals and their benefits. The following summarized benefits would serve as an introductory to understanding the merits of the noted LPM: • A foreign entity, under this module, can own up to 49% of the WLL's capital, while have the remaining 51% under its full own control. To secure the foreign Co.’s title and dividends, our company will draw a legal instrument at the Notary Public office (local and/or abraod), in a manner that is compatible with the local laws. Certain other commercial and para-legal arrangements shall be addressed prior to - and after - incorporating the local WLL entity in order to cover issues of, inter-alia, taxation, collaterals, insurance, bank accounts, title, management, voting etc. • Other legal "variations" of the above noted module may be arrived at upon becoming further aware of the foreign company's business plan, business objectives and other issues of relevance. Such variations can be tailored to meet the foreign company's needs through careful analysis by our administrative and legal team together with the foreign company's team. • All Administrative and logistical services which the “ foreign entity” would need in Kuwait, with respect to its activities, employment and staff, can be provided by our company on clear terms to serve the best of the “ foreign entity’s” interests in Kuwait. For example, where the “ foreign entity” would need office space, labor, visas, transportation, residential assistance, insurance, shipping, etc, our company can provide first class transparent and competitive assistance, via the following recommendations, to render our services: • a- Full cover: Under this class of cooperation, a foreign company would be able to utilize all of our company’s logistical services and licenses. • b- Partial cover: Under this class of cooperation, a foreign company would be able to utilize all of our company’s logistical services excluding “Licenses”.  

  4. The Founder: International Silat Co. has been founded in the year 2003, by Billal Saoud “General Manager”, U.S.A. North Carolina A&T State University, graduate class 1986. His aim is to utilize his long professional experience in marketing, sales & logistic services which covered versatile areas, i.e., U.S. Air force, U.S. Marines, U.S. Navy & U.S. Army. Moreover, our company has additional experience in Kuwait local market covering marketing research, representation of several companies specialized in various areas including state-of-the-art integrated Renewable Energy systems. The Company: International Silat Co. had come a long way since 2003 and covered the business areas of : • Shipping assistance, charter flights, door-to-door, air-freight services • W.L.L. incorporations & providing office logistical services • Marketing & Business Development Consultations • Earth Moving Equipment Rentals • Construction Works & Building Materials Supply • Electrical Materials & Equipments Supply & Electrical Works & Maintenance • Representation of Several Local Co. “Sub-Contracting” • Commission agents & Products' import

  5. The Affiliated Company: The partners in our company is a Legal & Para-Legal Services Company which compliments our work and secure the best legal and Para-legal support for us and our clients. Our partner carries-out its legal services with concentration of the following four main areas: • Company structuring, corporate re-structuring, local sponsorship in incorporating L.L.C.s and office operations-related services. • Translation • Collections • Intellectual Property (Trade-Marks, Patents, Industrial Designs & Copy-Rights) registration and protection services. It would be of relevance to note that our partner had developed a group of affiliated companies which, in turn, carry-out their business in many trading and business fields that assist us and our clients, upon agreement, in receiving the best available services, hence enable us to swiftly attend to our various business needs, e.g., man-power (recruitment), shipping, air-freight forwarding, freight forwarding, mail services, transportation, real-estate, food-stuff and catering and training. Such "sister companies" proved to be of grave importance to us and to our clients where they provide their services at competitive rates. Please scroll through our web-sites and those of our sister companies and feel free to contact us any time to discuss or to clarify any issues of relevance. Here is our website:  www.silatco.com

  6. The Company’s Profile: Size: 70 Sq. M. Location: Danat Commercial Bldg., Abdula Ahmad St., Sharq Area. Number of employees: 4 Number of Years in business: 7 Experience in the field of Sponsorship: 7 5-1: Direct Experience: We had participated in rendering partial sponsorship tasks for our sister companies. However, we became acquainted with relevant procedures in connection with this line of business and had familiarized ourselves with the various aspects of relevance to this type of sponsorship. 5-2: Indirect experience: 5-2-1: Staff 's Experience: Mr. Saoud have long-standing personal experience in sponsoring many activities and business concerns of foreign persons and bodies through their previous work posts. 5-2-2: Group Experience: Our sister companies and members of the same corporate group have rendered and are still actively participating in the noted lines of business. Supported by the experience of our sister Para-Legal Services Company, our company's staff had acquired advanced logistical abilities, accordingly

  7. Mr. Billal Saoud

  8. The Staff: Silat Co. is ready and able to provide the requested services to your esteemed Company. Our staff and other employees of the company are well prepared to handle complex and multi-task logistical assignments. Additionally, our staff are very well versed in both English and Arabic languages which paves the way for smooth communications and deliverance of duties. The Company’s Sister Group Co.: We are committed to render our services through our staff and employees on strict high professional level. Even where necessity arises, under exceptional work conditions, our colleagues from sister group companies would assist our staff in completing their missions.

  9. Cont. List of Reference Companies: • Mr. Emain Kadrie (Canadian) – Managing Partner of NGT Group. Phone Number & Address: +965 7888554 – Northern Gulf Trading Co. (KSC), Shuwaikh, Pepsi St., Hyundai Show-Rooms, Next to City Centre, Kuwait. • Mr. Ammar Milhem (Jordanian) – Chairman of Libra Group Phone Number & Address: +965 9331869 – Libra Group, 6th & 4th Floors, Danat Commercial Buldg., Abdulla Ahmad St., Sharq Area, Kuwait. • Mr. Sharif Amara (Egyptian) – Financial Controller at Al Argan Group Phone Number & Address: +965 9683897 – Al Argan Group, Shuwaikh industrial Area, Canadadry St., Sun-city complex, Kuwait.

  10. SILATCO Thanks You InternationalSilat General Trading & Contracting W.l.l. C.R 94618 – CAP. KD50000 P. O . B o x : 22379 S a f a tZ. C . 1 3 0 8 4 , K u w a i t T e l : + 9 6 5 9 6 6 2 8 5 7 T e l : + 9 6 5 2 4 6 6 4 4 6F a x :+ 9 6 5 2 4 6 6 4 4 7E m l : info@silatco.com E m l : billal@silatco.com ___________________ For any further queries please do not hesitate to contact me And Thank You for Interest in Silatco. Location: Danat Commercial Centre Abdulla Al-Ahmad St. Sharq Area Kuwait Prepared by: Billal Saoud 2011

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