Re: Investment opportunity for 51% ownership in successful operating
company.
Dear
Sir or Madam:
Inpro
Yasa Indonesia is a furniture manufacturer located in Jepara, Central
Java, Indonesia. We fabricate indoor furniture that is sold and exported
in container loads to Europe. At the present time our market does not
include the US, which we see as a potentially lucrative expansion for
our product lines. Our annual sales
volume is approximately US$ 2.5 million. Details regarding our product
lines, facilities, and other relevant manufacturing data can be found on
our website at
www.inproyasa.com.
Two
decades ago the company was founded by a western educated Indonesian
citizen (who speaks a number of European languages fluently) who
propelled the business from a cottage industry enterprise to a fairly
sophisticated, mechanized operation. Mechanized to a degree that it
still supports the national social goal of providing employment to a
significant number of local inhabitants. Growth occurred almost
overnight. At this point in our development cycle, however, we find that
our resources and know-how are no longer sufficient for our increasingly
sophisticated customers. To remain competitive we require additional
capital as well as additional technical expertise in furniture marketing
and manufacturing.
Realizing our current business limitations as well as the substantial
upside in the potential world wide market, the company is engaged in an active
search for a prospective partner who can provide capital and access to
technical marketing and world-class furniture production know-how. While
additional capital - in the order of
US$ 0.5 to US$ 0.75
million - is
important, furniture manufacturing and marketing expertise is equally
important. In return we are prepared to relinquish majority ownership
(51%) of the business. The company's founder will remain as a minority shareholder. Please
be advised that an Indonesian equity owner is not only required under
Indonesian law, but that it is probably also a very good idea. As an individual
with a verifiable business track record, the founder's continued full participation as a
substantial minority shareholder will ensure the maintenance of
relationships with existing customers, vendors, local and national
government officials and so forth.
As
the local representative for various potential foreign investors looking
for investment opportunities in Indonesia we will appreciate it if you introduce us to
individuals or entities who may have an interest. When appropriate, we
are prepared to provide audited financial
statements as well as appraisal documents.
Feel
free to contact the undersigned by telephone or at the e-mail address noted above
should you have any questions or suggestions. Thank you for your
interest and support.
Sincerely yours,
/s/ Fred Leimena
Owner and Director