Aurora

Name	Size	Permissions	Actions
..	-	-	-

Envelope-to: mnhgure@homs.co.ke,
 liban@homs.co.ke
Delivery-date: Fri, 08 Mar 2019 00:47:13 -0700
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Date: Fri, 08 Mar 2019 00:47:12 -0700
From: gloria@homs.co.ke
To: "Abdalla Ngovi (Corporate & Investment Banking)"
 <abdalla.ngovi@dibkenya.co.ke>
Cc: mnhgure@homs.co.ke, Ismail Santur <isantur68@gmail.com>,
 liban@homs.co.ke, "Samuel Warui (Corporate & Investment Banking)"
 <samuel.warui@dibkenya.co.ke>
Subject: Re: SALES REPORT NEW 2.xlsx
In-Reply-To: <AM6PR10MB21202ECC0859EA5678EA50BCDF4C0@AM6PR10MB2120.EURPRD10.PROD.OUTLOOK.COM>
References: <AM6PR10MB21202ECC0859EA5678EA50BCDF4C0@AM6PR10MB2120.EURPRD10.PROD.OUTLOOK.COM>
Message-ID: <3b130c81461191e28300e7446a56214d@homs.co.ke>
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On 2019-03-07 08:57, Abdalla Ngovi (Corporate & Investment Banking)
wrote:

> Dear Gloria/ Gureh, 
> 
> I trust you are keeping well. 
> 
> I've discussed with Sheikh Ali on below matters that need to be addressed. A team from the big will conduct a sight visit on the project on Monday 11th March at 1.30 pm, thereafter we shall discuss the below issues and other matter that may arise. 
> 
> * On the attached Sales report: The sale agreements with the offtakes must be in line with the funding concept of the project.
> 
> Please avail a tabulation of the sale agreement, amount paid, pending payments with the expected timelines as per the sale                    agreements. 
> 
> * Bank is proposing to  finance the  project for upto a maximum of Kes. 230Million so as to reduce over reliance on presales as a source of funding for the pending works.
> 
> * Can the bank also finance the outstanding fees of the former contractor?
> 
> * Bank to consider reducing to drawdown tranches to about three so as to have a big impact that will unlock the presales. ( please advise)
> 
> . 
> 
> The table below gives details of the FULL PROJECT COST AND FINANCING SOURCES: 
> 
> PROJECT COSTS 
> 
> DESCRIPTION 
> 
> COST (KES) 
> 
> PERCENTAGE 
> 
> DEVELOPER’S CONTRIBUTION(KES) 
> 
> FUNDS GENERATED FROM PRE SALES 
> 
> BANK FINANCE 
> 
> Land 
> 
> 160,000,000 
> 
> 17.79% 
> 
> 160,000,000 
> 
> - 
> 
> - 
> 
> Finishing 
> 
> 250,000,000 
> 
> 27.80% 
> 
> Kes.439,482,390 _(Kes. 183,663,793 spent so far)_ 
> 
> 150,000,000 
> 
> Builders Works 
> 
> 403,356,000 
> 
> 44.85% 
> 
> Kes.149,785,950      
> 
> Commission Expenses 
> 
> 28,474,719 
> 
> 3.17% 
> 
> Professional Expenses 
> 
> 34,561,254 
> 
> 3.84% 
> 
> Marketing 
> 
> 4,588,000 
> 
> 0.51% 
> 
> Office/ Bank Expense 
> 
> 3,288,140 
> 
> 0.37% 
> 
> Salaries 
> 
> 15,000,227 
> 
> 1.67% 
> 
> 899,263,340  
> 
> 100% 
> 
> 309,785,950 
> 
> 439,482,390 
> 
> 150,000,000 
> 
> PERCENTAGE AS A FACTOR OF TOTAL COST 
> 
> 34.45% 
> 
> 48.87% 
> 
> 16.68% 
> 
> UPDATE OF THE PROJECT CONSTRUCTION COST 
> 
> CONSTRUCTION EXPENSES 
> 
> COST INCURRED TO-DATE (KES) 
> 
> BUDGET AS THE PROJECT COSTING (KES) 
> 
> PERCENTAGE UTILIZATION OF THE ORIGINAL BUDGET 
> 
> COST OF PENDING WORKS (KES) 
> 
> Core and shell Structural building 
> 
> 339,754,028.00 
> 
> 403,356,000 
> 
> 84.23% 
> 
> 63,601,972 
> 
> Finishing 
> 
> - 
> 
> 250,000,000 
> 
> - 
> 
> 250,000,000 
> 
> Commission Expenses 
> 
> 9,914,670.84 
> 
> 28,474,719 
> 
> 34.82% 
> 
> 18,560,048 
> 
> Professional Fees 
> 
> 28,819,254.00 
> 
> 34,561,254 
> 
> 83.39% 
> 
> 5,742,000 
> 
> Marketing 
> 
> 2,938,000.00 
> 
> 4,588,000 
> 
> 64.04% 
> 
> 1,650,000 
> 
> Office/Bank Expense 
> 
> 1,924,140.00 
> 
> 3,288,140 
> 
> 58.52% 
> 
> 1,364,000 
> 
> Salary 
> 
> 11,700,227.00 
> 
> 15,000,227 
> 
> 78.00% 
> 
> 3,300,000 
> 
> TOTAL EXPENSE SO FAR 
> 
> 395,050,319.84 
> 
> 739,268,340 
> 
> 344,218,020 
> 
> CURRENT STATUS: 
> 
> The construction project has been ongoing and is at various stages of completion as broken down below: 
> 
> WORKS DONE ON SITE 
> 
> PENDING WORKS 
> 
> DETAILS 
> 
> PROGRESS STATUS 
> 
> DETAILS 
> 
> Substructure works 
> 
> 85% Done 
> 
> * Internal Wall and Ceiling plaster
> * Doors and Windows 
> * Painting and decoration
> * External works
> * Joinery fixtures
> * Mechanical and electrical installations
> 
> Walling 
> 
> 45%Done 
> 
> All superstructure 
> 
> 65% Done 
> 
> Plaster suspended to soffits 
> 
> 60% Done 
> 
> Plumbing and drainage work 
> 
> 60% Done 
> 
> Electrical Conduit 
> 
> 60% Done 
> 
> Kindly avail photo of the current construction status. 
> 
> CONFIDENTIALITY NOTICE: INFORMATION IN THIS MESSAGE IS INTENDED ONLY FOR THE PERSONAL AND CONFIDENTIAL USE OF THE RECIPIENT (S) NAMED ABOVE. This message is privileged and confidential. If the reader of this message is not an intended recipient or an agent responsible for delivering it to an intended recipient, you are hereby notified that you have received this message in error, and that any review, dissemination, distribution, or copying of this message is strictly prohibited. If you received this message in error, please notify the sender immediately, delete the message and return any hard copy print-outs to the address above. DIB Bank Kenya Limited is neither liable for the proper and complete transmission of the information in this communication nor any delay in its receipt.

Dear Abdalla,

Thanks for your email.

Kindly find attached an updated excel sheet for your action.

Much Regards

Gloria

[1]

Gloria Cheptoo

_Office Administrator_

HOMS GROUP LIMITED

M:
 		0752596321

A:
 		5974-00300, Nairobi

W:
 		www.homs.co.ke [1]  E: gloria@homs.co.ke

[2]   [3]   [4]   [5]

Links:
------
[1] http://www.homs.co.ke/
[2] http://homs.co.ke/logo/dfdf
[3] http://homs.co.ke/logo/fdf
[4] http://homs.co.ke/logo/fd
[5] http://homs.co.ke/logo/dfd
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<html><head><meta http-equiv=3D"Content-Type" content=3D"text/html; charset=
=3DUTF-8" /></head><body style=3D'font-size: 10pt; font-family: Verdana,Gen=
eva,sans-serif'>
On 2019-03-07 08:57, Abdalla Ngovi (Corporate &amp; Investment Banking) =
wrote:
<blockquote type=3D"cite" style=3D"padding: 0 0.4em; border-left: #1010ff 2=
px solid; margin: 0">
<div class=3D"WordSection1">
Dear Gloria/ Gureh,
I trust you are keeping well.
&nbsp;
I&rsquo;ve discussed with Sheikh Ali on below matters that need to be a=
ddressed. A team from the big will conduct a sight visit on the project on =
Monday 11th March at 1.30 pm, thereafter we shall discuss the be=
low issues and other matter that may arise.
&nbsp;
<ul style=3D"margin-top: 0in;" type=3D"disc">
<li class=3D"MsoListParagraphCxSpFirst" style=3D"margin-bottom: .0001pt; ma=
rgin-left: 0in; mso-add-space: auto; text-align: justify; line-height: norm=
al; mso-list: l2 level1 lfo4;">On the attached Sales report: The sale agreements with the offt=
akes must be in line with the funding concept of the project.</li>
</ul>
Please avail a tabulation of the sale agreement, amoun=
t paid, pending payments with the expected timelines as per the sale &nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;agreements.
&nbsp;
<ul style=3D"margin-top: 0in;" type=3D"disc">
<li class=3D"MsoListParagraphCxSpMiddle" style=3D"margin-bottom: .0001pt; m=
argin-left: 0in; mso-add-space: auto; text-align: justify; line-height: nor=
mal; mso-list: l2 level1 lfo4;">Bank is proposing to &nbsp;finance the &nbsp;project for upto =
a maximum of Kes. 230Million so as to reduce over reliance on presales as a=
 source of funding for the pending works.</li>
</ul>
&nbsp;</span=
>
<ul style=3D"margin-top: 0in;" type=3D"disc">
<li class=3D"MsoListParagraphCxSpLast" style=3D"margin-bottom: .0001pt; mar=
gin-left: 0in; mso-add-space: auto; text-align: justify; line-height: norma=
l; mso-list: l2 level1 lfo4;">Can the bank also finance the outstanding fees of the former con=
tractor?</li>
</ul>
&nbsp;
&nbsp;
<ul style=3D"margin-top: 0in;" type=3D"disc">
<li class=3D"MsoListParagraph" style=3D"margin-bottom: .0001pt; margin-left=
: 0in; mso-add-space: auto; text-align: justify; line-height: normal; mso-l=
ist: l2 level1 lfo4;">Bank to consider reducing to drawdown tranches to about three so as to h=
ave a big impact that will unlock the presales. ( please advise)</li>
</ul>
&nbsp;
.
&nbsp;</span=
>
&nbsp;</p=
>
=
The table below giv=
es details of the full project cost and financing sources:=

<table class=3D"MsoNormalTable" style=3D"width: 507.05pt; margin-left: -.25=
pt; background: white; border-collapse: collapse; border: none;" border=3D"=
1" width=3D"676" cellspacing=3D"0" cellpadding=3D"0">
<tbody>
<tr style=3D"height: 13.7pt;">
<td style=3D"width: 507.05pt; border: solid windowtext 1.0pt; background: #=
E2EFD9; padding: 0in 5.4pt 0in 5.4pt; height: 13.7pt;" colspan=3D"6" valign=
=3D"bottom" width=3D"676">
<stro=
ng>PROJECT COSTS
</td>
</tr>
<tr style=3D"height: 33.85pt; mso-height-rule: exactly;">
<td style=3D"width: 115.7pt; border: solid windowtext 1.0pt; border-top: no=
ne; background: #C5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 33.85pt; mso=
-height-rule: exactly;" valign=3D"bottom" width=3D"154">
Description
</td>
<td style=3D"width: 75.15pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; backgro=
und: #C5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 33.85pt; mso-height-rul=
e: exactly;" valign=3D"bottom" width=3D"100">
<strong=
>Cost (Kes)
</td>
<td style=3D"width: 62.8pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; backgrou=
nd: #C5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 33.85pt; mso-height-rule=
: exactly;" valign=3D"bottom" width=3D"84">
<strong=
>Percentage
</td>
<td style=3D"width: 93.65pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; backgro=
und: #C5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 33.85pt; mso-height-rul=
e: exactly;" valign=3D"bottom" width=3D"125">
<stro=
ng>Developer&rsquo;s Contribution(Kes)<=
/span>
</td>
<td style=3D"width: 80.35pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; backgro=
und: #C5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 33.85pt; mso-height-rul=
e: exactly;" valign=3D"bottom" width=3D"107">
Funds generated from Pre s=
ales
</td>
<td style=3D"width: 79.4pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; backgrou=
nd: #C5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 33.85pt; mso-height-rule=
: exactly;" valign=3D"bottom" width=3D"106">
<stro=
ng>Bank Finance
</td>
</tr>
<tr style=3D"height: 17.6pt; mso-height-rule: exactly;">
<td style=3D"width: 115.7pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;=
" valign=3D"bottom" width=3D"154">
Land
</td>
<td style=3D"width: 75.15pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" width=3D"=
100">
160,000,000
</td>
<td style=3D"width: 62.8pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" valign=3D"=
bottom" width=3D"84">
17.79%
</td>
<td style=3D"width: 93.65pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" width=3D"=
125">
160,000,000
</td>
<td style=3D"width: 80.35pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" width=3D"=
107">
<span=
 style=3D"font-size: 9.0pt; line-height: 106%; font-family: 'Neo Sans Std',=
sans-serif;">-
</td>
<td style=3D"width: 79.4pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" width=3D"1=
06">
<span=
 style=3D"font-size: 9.0pt; line-height: 106%; font-family: 'Neo Sans Std',=
sans-serif;">-
</td>
</tr>
<tr style=3D"height: 17.6pt; mso-height-rule: exactly;">
<td style=3D"width: 115.7pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;=
" valign=3D"top" width=3D"154">
Finishing </span=
>
</td>
<td style=3D"width: 75.15pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" valign=3D=
"top" width=3D"100">
250,000,000
</td>
<td style=3D"width: 62.8pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" valign=3D"=
bottom" width=3D"84">
27.80%
</td>
<td style=3D"width: 93.65pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" width=3D"=
125">
&nbsp;
</td>
<td style=3D"width: 80.35pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" rowspan=
=3D"7" width=3D"107">
<img style=3D"width: .177in; height: 1.375in;" src=3D"cid:=
15520312325c821e00a216c451830887@homs.co.ke" width=3D"17" height=3D"132" />=
&nbsp;&nbsp; 
&nbsp;Kes.439,482,390 (Kes. 18=
3,663,793 spent so far)
</td>
<td style=3D"width: 79.4pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" rowspan=3D=
"7" width=3D"106">
<im=
g style=3D"width: .2604in; height: 1.3229in;" src=3D"cid:15520312325c821e00=
a3cae240643240@homs.co.ke" width=3D"25" height=3D"127" />
&nbsp;
150,000,000
</td>
</tr>
<tr style=3D"height: 17.6pt;">
<td style=3D"width: 115.7pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 17.6pt;" valign=3D"bottom" width=
=3D"154">
Builders Works</=
span>
</td>
<td style=3D"width: 75.15pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 17.6pt;" width=3D"100">
403,356,000
</td>
<td style=3D"width: 62.8pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 17.6pt;" valign=3D"bottom" width=3D"84">
44.85%
</td>
<td style=3D"width: 93.65pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 17.6pt;" rowspan=3D"6" width=3D"125">
<im=
g style=3D"width: .2708in; height: 1.2291in;" src=3D"cid:15520312325c821e00=
a4e8d072196842@homs.co.ke" width=3D"26" height=3D"118" />
&nbsp;
Kes.149,785,950&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; =

</td>
</tr>
<tr style=3D"height: 14.0pt; mso-height-rule: exactly;">
<td style=3D"width: 115.7pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 14.0pt; mso-height-rule: exactly;=
" valign=3D"top" width=3D"154">
Commission Expenses
</td>
<td style=3D"width: 75.15pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 14.0pt; mso-height-rule: exactly;" valign=3D=
"top" width=3D"100">
28,474,719
</td>
<td style=3D"width: 62.8pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 14.0pt; mso-height-rule: exactly;" valign=3D"=
bottom" width=3D"84">
3.17%
</td>
</tr>
<tr style=3D"height: 17.6pt; mso-height-rule: exactly;">
<td style=3D"width: 115.7pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;=
" valign=3D"top" width=3D"154">
Professional Expenses 
</td>
<td style=3D"width: 75.15pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" valign=3D=
"top" width=3D"100">
34,561,254
</td>
<td style=3D"width: 62.8pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" valign=3D"=
bottom" width=3D"84">
3.84%
</td>
</tr>
<tr style=3D"height: 17.6pt; mso-height-rule: exactly;">
<td style=3D"width: 115.7pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;=
" valign=3D"top" width=3D"154">
Marketing </span=
>
</td>
<td style=3D"width: 75.15pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" valign=3D=
"top" width=3D"100">
4,588,000
</td>
<td style=3D"width: 62.8pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" valign=3D"=
bottom" width=3D"84">
0.51%
</td>
</tr>
<tr style=3D"height: 14.0pt; mso-height-rule: exactly;">
<td style=3D"width: 115.7pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 14.0pt; mso-height-rule: exactly;=
" valign=3D"top" width=3D"154">
Office/ Bank Expense 
</td>
<td style=3D"width: 75.15pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 14.0pt; mso-height-rule: exactly;" valign=3D=
"top" width=3D"100">
3,288,140
</td>
<td style=3D"width: 62.8pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 14.0pt; mso-height-rule: exactly;" valign=3D"=
bottom" width=3D"84">
0.37%
</td>
</tr>
<tr style=3D"height: 13.7pt; mso-height-rule: exactly;">
<td style=3D"width: 115.7pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 13.7pt; mso-height-rule: exactly;=
" valign=3D"top" width=3D"154">
Salaries<=
/p>
</td>
<td style=3D"width: 75.15pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 13.7pt; mso-height-rule: exactly;" valign=3D=
"top" width=3D"100">
15,000,227
</td>
<td style=3D"width: 62.8pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 13.7pt; mso-height-rule: exactly;" valign=3D"=
bottom" width=3D"84">
1.67%
</td>
</tr>
<tr style=3D"height: 13.7pt; mso-height-rule: exactly;">
<td style=3D"width: 115.7pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 13.7pt; mso-height-rule: exactly;=
" valign=3D"bottom" width=3D"154">
&nbsp;</p=
>
</td>
<td style=3D"width: 75.15pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 13.7pt; mso-height-rule: exactly;" width=3D"=
100">
<strong=
>899,263,340&nbsp; 
</td>
<td style=3D"width: 62.8pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 13.7pt; mso-height-rule: exactly;" width=3D"8=
4">
<strong=
>100%
</td>
<td style=3D"width: 93.65pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 13.7pt; mso-height-rule: exactly;" valign=3D=
"bottom" width=3D"125">
<stro=
ng>309,785,950
</td>
<td style=3D"width: 80.35pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 13.7pt; mso-height-rule: exactly;" valign=3D=
"bottom" width=3D"107">
<stro=
ng>439,482,390
</td>
<td style=3D"width: 79.4pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 13.7pt; mso-height-rule: exactly;" valign=3D"=
bottom" width=3D"106">
<stro=
ng>150,000,000
</td>
</tr>
<tr style=3D"height: 17.6pt; mso-height-rule: exactly;">
<td style=3D"width: 190.85pt; border: solid windowtext 1.0pt; border-top: n=
one; padding: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly=
;" colspan=3D"2" width=3D"254">
Percentage as a factor of =
Total Cost
&nbsp;</p=
>
</td>
<td style=3D"width: 62.8pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" width=3D"8=
4">&nbsp;</td>
<td style=3D"width: 93.65pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" valign=3D=
"bottom" width=3D"125">
<stro=
ng>34.45%
</td>
<td style=3D"width: 80.35pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" valign=3D=
"bottom" width=3D"107">
<stro=
ng>48.87%
</td>
<td style=3D"width: 79.4pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 17.6pt; mso-height-rule: exactly;" valign=3D"=
bottom" width=3D"106">
<stro=
ng>16.68%
<stro=
ng>&nbsp;
</td>
</tr>
</tbody>
</table>
&nbsp;
&nbsp;
=
&=
nbsp;
Update of the Project Construction Cost <!=
-- o ignored -->
<table class=3D"MsoNormalTable" style=3D"width: 496.0pt; margin-left: -.5pt=
; border-collapse: collapse;" border=3D"0" width=3D"661" cellspacing=3D"0" =
cellpadding=3D"0">
<tbody>
<tr style=3D"height: 39.0pt;">
<td style=3D"width: 121.5pt; border: solid windowtext 1.0pt; background: #C=
5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 39.0pt;" valign=3D"top" width=
=3D"162">
Constructio=
n Expenses
</td>
<td style=3D"width: 1.25in; border: solid windowtext 1.0pt; border-left: no=
ne; background: #C5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 39.0pt;" val=
ign=3D"top" width=3D"120">
Cost incurr=
ed to-date (Kes)
</td>
<td style=3D"width: 81.0pt; border: solid windowtext 1.0pt; border-left: no=
ne; background: #C5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 39.0pt;" val=
ign=3D"top" width=3D"108">
<stro=
ng>Budget as the Project Costing (Kes)
</td>
<td style=3D"width: 90.5pt; border: solid windowtext 1.0pt; border-left: no=
ne; background: #C5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 39.0pt;" val=
ign=3D"top" width=3D"121">
<stro=
ng>Percentage Utilization of the Original =
Budget
</td>
<td style=3D"width: 113.0pt; border: solid windowtext 1.0pt; border-left: n=
one; background: #C5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 39.0pt;" va=
lign=3D"top" width=3D"151">
Cost of pen=
ding Works (Kes)
</td>
</tr>
<tr style=3D"height: 15.75pt;">
<td style=3D"width: 121.5pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"162">
Core and shell Stru=
ctural building 
</td>
<td style=3D"width: 1.25in; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"120">
339,754,028.00
</td>
<td style=3D"width: 81.0pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"108">
403,356,000
</td>
<td style=3D"width: 90.5pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"121">
84.23%
</td>
<td style=3D"width: 113.0pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" valign=3D"bottom" width=3D"151">
63,601,972
</td>
</tr>
<tr style=3D"height: 15.75pt;">
<td style=3D"width: 121.5pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"162">
Finishing
</td>
<td style=3D"width: 1.25in; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"120">
-
</td>
<td style=3D"width: 81.0pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"108">
250,000,000
</td>
<td style=3D"width: 90.5pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"121">
-
</td>
<td style=3D"width: 113.0pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" valign=3D"bottom" width=3D"151">
250,000,000
</td>
</tr>
<tr style=3D"height: 15.75pt;">
<td style=3D"width: 121.5pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"162">
Commission Expenses=

</td>
<td style=3D"width: 1.25in; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"120">
9,914,670.84
</td>
<td style=3D"width: 81.0pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"108">
28,474,719
</td>
<td style=3D"width: 90.5pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"121">
34.82%
</td>
<td style=3D"width: 113.0pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" valign=3D"bottom" width=3D"151">
18,560,048
</td>
</tr>
<tr style=3D"height: 15.75pt;">
<td style=3D"width: 121.5pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"162">
Professional Fees<!=
-- o ignored -->
</td>
<td style=3D"width: 1.25in; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"120">
28,819,254.00
</td>
<td style=3D"width: 81.0pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"108">
34,561,254
</td>
<td style=3D"width: 90.5pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"121">
83.39%
</td>
<td style=3D"width: 113.0pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" valign=3D"bottom" width=3D"151">
5,742,000
</td>
</tr>
<tr style=3D"height: 15.75pt;">
<td style=3D"width: 121.5pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"162">
Marketing
</td>
<td style=3D"width: 1.25in; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"120">
2,938,000.00
</td>
<td style=3D"width: 81.0pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"108">
4,588,000
</td>
<td style=3D"width: 90.5pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"121">
64.04%
</td>
<td style=3D"width: 113.0pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" valign=3D"bottom" width=3D"151">
1,650,000
</td>
</tr>
<tr style=3D"height: 15.75pt;">
<td style=3D"width: 121.5pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"162">
Office/Bank Expense=

</td>
<td style=3D"width: 1.25in; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"120">
1,924,140.00
</td>
<td style=3D"width: 81.0pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"108">
3,288,140
</td>
<td style=3D"width: 90.5pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"121">
58.52%
</td>
<td style=3D"width: 113.0pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" valign=3D"bottom" width=3D"151">
1,364,000
</td>
</tr>
<tr style=3D"height: 15.75pt;">
<td style=3D"width: 121.5pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"162">
Salary
</td>
<td style=3D"width: 1.25in; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"120">
11,700,227.00
</td>
<td style=3D"width: 81.0pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"108">
15,000,227
</td>
<td style=3D"width: 90.5pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"121">
78.00%
</td>
<td style=3D"width: 113.0pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" valign=3D"bottom" width=3D"151">
3,300,000
</td>
</tr>
<tr style=3D"height: 15.75pt;">
<td style=3D"width: 121.5pt; border: solid windowtext 1.0pt; border-top: no=
ne; padding: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"162">
&nbsp;Total=
 Expense so far
</td>
<td style=3D"width: 1.25in; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"120">
<strong=
>395,050,319.84</=
strong>
</td>
<td style=3D"width: 81.0pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"108">
<strong=
>739,268,340</str=
ong>
</td>
<td style=3D"width: 90.5pt; border-top: none; border-left: none; border-bot=
tom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding:=
 0in 5.4pt 0in 5.4pt; height: 15.75pt;" width=3D"121">
<strong=
>&nbsp;<=
/p>
</td>
<td style=3D"width: 113.0pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" valign=3D"bottom" width=3D"151">
<strong=
>344,218,020</strong=
>
</td>
</tr>
</tbody>
</table>
&nbsp;
Current status: 
The c=
onstruction project has been ongoing and is at various stages of completion=
 as broken down below: 
<table class=3D"MsoTableGrid" style=3D"width: 490.65pt; border-collapse: co=
llapse; border: none;" border=3D"1" width=3D"654" cellspacing=3D"0" cellpad=
ding=3D"0">
<tbody>
<tr style=3D"height: 19.55pt;">
<td style=3D"width: 265.35pt; border: solid windowtext 1.0pt; background: #=
C5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 19.55pt;" colspan=3D"2" valig=
n=3D"top" width=3D"354">
Works done on site<=
/strong>
</td>
<td style=3D"width: 225.3pt; border: solid windowtext 1.0pt; border-left: n=
one; background: #C5E0B3; padding: 0in 5.4pt 0in 5.4pt; height: 19.55pt;" v=
align=3D"top" width=3D"300">
Pending Works
</td>
</tr>
<tr>
<td style=3D"width: 152.75pt; border: solid windowtext 1.0pt; border-top: n=
one; padding: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"204">
Details
</td>
<td style=3D"width: 112.6pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"150">
Progress St=
atus
</td>
<td style=3D"width: 225.3pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"300">
Details</sp=
an>
</td>
</tr>
<tr>
<td style=3D"width: 152.75pt; border: solid windowtext 1.0pt; border-top: n=
one; padding: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"204">
Substructure works
</td>
<td style=3D"width: 112.6pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"150">
85% Done
</td>
<td style=3D"width: 225.3pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt;" rowspan=3D"6" valign=3D"top" width=3D"300">
<ul style=3D"margin-top: 0in;" type=3D"circle">
<li class=3D"MsoListParagraphCxSpFirst" style=3D"margin-bottom: .0001pt; ma=
rgin-left: 0in; mso-add-space: auto; text-align: justify; line-height: norm=
al; mso-list: l1 level1 lfo2;">Internal Wall and Ceiling plaster</li>
<li class=3D"MsoListParagraphCxSpMiddle" style=3D"margin-bottom: .0001pt; m=
argin-left: 0in; mso-add-space: auto; text-align: justify; line-height: nor=
mal; mso-list: l1 level1 lfo2;">Doors and Windows =
</li>
<li class=3D"MsoListParagraphCxSpMiddle" style=3D"margin-bottom: .0001pt; m=
argin-left: 0in; mso-add-space: auto; text-align: justify; line-height: nor=
mal; mso-list: l1 level1 lfo2;">Painting and decoration</=
span></li>
<li class=3D"MsoListParagraphCxSpMiddle" style=3D"margin-bottom: .0001pt; m=
argin-left: 0in; mso-add-space: auto; text-align: justify; line-height: nor=
mal; mso-list: l1 level1 lfo2;">External works</li=
>
<li class=3D"MsoListParagraphCxSpMiddle" style=3D"margin-bottom: .0001pt; m=
argin-left: 0in; mso-add-space: auto; text-align: justify; line-height: nor=
mal; mso-list: l1 level1 lfo2;">Joinery fixtures</=
li>
<li class=3D"MsoListParagraphCxSpLast" style=3D"margin-bottom: .0001pt; mar=
gin-left: 0in; mso-add-space: auto; text-align: justify; line-height: norma=
l; mso-list: l1 level1 lfo2;">Mechanical and electrical installations</li>
</ul>
</td>
</tr>
<tr>
<td style=3D"width: 152.75pt; border: solid windowtext 1.0pt; border-top: n=
one; padding: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"204">
Walling
</td>
<td style=3D"width: 112.6pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"150">
45%Done
</td>
</tr>
<tr>
<td style=3D"width: 152.75pt; border: solid windowtext 1.0pt; border-top: n=
one; padding: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"204">
All superstructure
</td>
<td style=3D"width: 112.6pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"150">
65% Done
</td>
</tr>
<tr>
<td style=3D"width: 152.75pt; border: solid windowtext 1.0pt; border-top: n=
one; padding: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"204">
Plaster suspended to s=
offits
</td>
<td style=3D"width: 112.6pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"150">
60% Done
</td>
</tr>
<tr>
<td style=3D"width: 152.75pt; border: solid windowtext 1.0pt; border-top: n=
one; padding: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"204">
Plumbing and drainage =
work
</td>
<td style=3D"width: 112.6pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"150">
60% Done
</td>
</tr>
<tr>
<td style=3D"width: 152.75pt; border: solid windowtext 1.0pt; border-top: n=
one; padding: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"204">
Electrical Conduit
</td>
<td style=3D"width: 112.6pt; border-top: none; border-left: none; border-bo=
ttom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding=
: 0in 5.4pt 0in 5.4pt;" valign=3D"top" width=3D"150">
60% Done
</td>
</tr>
</tbody>
</table>
&nbsp;
Kindly avail photo of the current constructi=
on status.
&nbsp;
</div>
CONFIDENTIALITY NOTICE: INFORMATION IN THIS MESSAGE IS INTENDED ONLY FOR TH=
E PERSONAL AND CONFIDENTIAL USE OF THE RECIPIENT (S) NAMED ABOVE. This mess=
age is privileged and confidential. If the reader of this message is not an=
 intended recipient or an agent responsible for delivering it to an intende=
d recipient, you are hereby notified that you have received this message in=
 error, and that any review, dissemination, distribution, or copying of thi=
s message is strictly prohibited. If you received this message in error, pl=
ease notify the sender immediately, delete the message and return any hard =
copy print-outs to the address above. DIB Bank Kenya Limited is neither lia=
ble for the proper and complete transmission of the information in this com=
munication nor any delay in its receipt.</blockquote>
Dear Abdalla,
Thanks for your email.
Kindly find attached an updated excel sheet for your action.
Much Regards
Gloria
<div>-- 
 
<table border=3D"0" cellspacing=3D"0" cellpadding=3D"0">
<tbody>
<tr>
<td><a href=3D"http://www.homs.co.ke/"><img class=3D"m_-6407594035547289506=
gmail-CToWUd CToWUd" src=3D"https://ci4.googleusercontent.com/proxy/BFcZCuf=
3y5x1Knn5dsL7mBVM9E76CYl83XgARNsgoHv7eURZPHpilWwOaZYqYeoh6aqTyrorR5o=3Ds0-d=
-e1-ft#http://homs.co.ke/logo/unnamed.png" /></a></td>
<td>
<table border=3D"0" cellspacing=3D"0" cellpadding=3D"0">
<tbody>
<tr>
<td colspan=3D"2">Gloria Cheptoo</td>
</tr>
<tr>
<td colspan=3D"2">Office Administrator</td>
</tr>
<tr>
<td colspan=3D"2">Homs Group Limited</td>
</tr>
<tr>
<td valign=3D"top" width=3D"20">m:</td>
<td valign=3D"top">0752596321</td>
</tr>
<tr>
<td valign=3D"top" width=3D"20">a:</td>
<td valign=3D"top">5974-00300, Nairobi</td>
</tr>
<tr>
<td valign=3D"top" width=3D"20">w:</td>
<td valign=3D"top"><a href=3D"http://www.homs.co.ke/">www.homs.co.ke</a>&nb=
sp;&nbsp;e:&nbsp;<a href=3D"mailto:gloria@homs.co.ke">glor=
ia@homs.co.ke</a></td>
</tr>
<tr>
<td colspan=3D"2"><a href=3D"http://homs.co.ke/logo/dfdf"><img class=3D"m_-=
6407594035547289506gmail-CToWUd CToWUd" src=3D"https://ci6.googleuserconten=
t.com/proxy/glPAhjMg9VeqZF8F9Wz4ehmPS_vTzsXbItBirCac7XQ4YcrIFHCP-zspweXvT7K=
JCKMLfmSVOkG6JBhUUaptrg3qBZRTraJ7SL4ETtzMKF9D9hghC4GVVjZcevQE_pTOS7OwgA=3Ds=
0-d-e1-ft#http://cdn2.hubspot.net/hubfs/184235/dev_images/signature_app/fac=
ebook_sig.png" width=3D"25" height=3D"25" /></a>&nbsp;&nbsp;<a href=3D"http=
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Cu8kN4No6aBFNQRRWwbS-y0x-cJYk5CGsbb=3Ds0-d-e1-ft#http://cdn2.hubspot.net/hu=
bfs/184235/dev_images/signature_app/twitter_sig.png" width=3D"25" height=3D=
"25" /></a>&nbsp;&nbsp;<a href=3D"http://homs.co.ke/logo/fd"><img class=3D"=
m_-6407594035547289506gmail-CToWUd CToWUd" src=3D"https://ci3.googleusercon=
tent.com/proxy/9AVkwHNHmjaeQmU-a3vjcoAhYjYiewnEcKL3K-xcSFJwbLQdUpW0lhjSQJzP=
LGA9OXlLyV23TwbgoEAo2nFYqpBGv-0Ab-Ev3wbYl5aVsdcei8u_5wlJ2jLNvUbULP2AQtZMcA=
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/linkedin_sig.png" width=3D"25" height=3D"25" /></a>&nbsp;&nbsp;<a href=3D"=
http://homs.co.ke/logo/dfd"><img class=3D"m_-6407594035547289506gmail-CToWU=
d CToWUd" src=3D"https://ci3.googleusercontent.com/proxy/AWaThG2eqxo_5Rk-Kc=
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" height=3D"25" /></a></td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</div>
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