Message-ID: <2632754.1075844555195.JavaMail.evans@thyme>
Date: Mon, 12 Jun 2000 03:19:00 -0700 (PDT)
From: sara.shackleton@enron.com
To: samantha.boyd@enron.com
Subject: Goldman Sachs - Enron Distribution Ventures MHC Limited (Mauirius
 based)
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FYI - this may be a duplicate
----- Forwarded by Sara Shackleton/HOU/ECT on 06/12/2000 10:19 AM -----

	Sheila Glover
	06/09/2000 01:30 PM
		 
		 To: Sara Shackleton/HOU/ECT@ECT, Donna Lowry/HOU/ECT@ECT, Lauren 
Hagerty/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John Greene/HOU/ECT@ECT
		 cc: eugenie.sibeud@gs.com
		 Subject: Goldman Sachs - Enron Distribution Ventures MHC Limited (Mauirius 
based)

I spoke with Eugenie Sibeud at Goldman Sachs who is a local market expert.  
She spoke with someone from Hong Kong.

Per Eugenie, We probably do not need an FII (which takes the 9 months to 
obtain) but we will probably need a FDI (Foreign Direct Investment) Form to 
sell the shares.  This form needs to be approved by RBI (Royal Bank of India) 
taking approximately 3 weeks and is good for a specified period of time (e.g. 
3 months). 

She said that we may be able to complete the sale by opening a cash account 
with Standard Charter Bank (GSs agent) or a special purpose account which 
would stay open only for a month.
Eugenie is going to get back to me and forward to me the specifics which I 
have tried to summarize above.
Thanks. Sheila.