Keenjhar Lake Resort Project - Sindh Board Of Investment ...

1 Disclaimer
This Information Memorandum (“the Memorandum” or “this Document”) has been compiled
by Ernst & Young Ford Rhodes Sidat Hyder (“Transaction Advisors”), on behalf of the
Tourism Department and the PPP Unit, Finance Department, Government of Sindh (“the
Client”), on the Keenjhar Lake Resort Project (“the Project”).
This Memorandum is confidential and is provided solely for the information of the recipients
(“the Recipients”) for providing preliminary information regarding the Project. While the
information contained herein is from sources believed to be reliable, it is not represented to be
accurate or complete and should not be relied upon as such. The information provided is on a
best efforts basis and neither the Transaction Advisors nor the Client have any obligation /
liability of any nature whatsoever relating to the gains and/or losses incurred by the
Recipients based on any information provided.
The information contained in this Memorandum is selective and does not include a description
of any risks. It does not purport to contain all the information that the Recipients may require
and is subject to updates, expansions, revisions and amendments. However, neither the
Client nor its Transaction Advisor, undertake any obligation to update, expand, revise or
amend any information or to correct any inaccuracies contained in this Memorandum or to
provide the Recipients with additional information at any time whatsoever.
Neither the Client, nor its Transaction Advisors, nor affiliated partnerships or bodies
corporate, nor the directors, shareholders, managers, partners, employees or agents of any of
them (“the Parties”), make any undertaking, representation or warranty, express or implied, as
to the accuracy, reasonableness or completeness of the information contained in this
Document. All such Parties expressly disclaim any and all liability for, or based on, or relating
to, any information/ errors/ omissions contained in the Memorandum, or based on or relating
to the Recipient’s use of the Memorandum. Furthermore, the Parties will not have any liability
to any of the Recipients or any other person under law, equity or contract, or otherwise for
any alleged loss, expense or damage of any nature whatsoever which may arise from or be
incurred or suffered in connection with anything contained in this Memorandum or from any
matter deemed to form part of the same.
This Memorandum is not a prospectus and does not constitute or form any part of any offer or
recommendation to invest in the Project nor shall it or any part of it form the basis of, or be
relied upon, in any way in connection with any contract relating to any contractual
arrangements that the Recipient may enter into with the Client or its designated/ nominated
entity (ies). Any interested party (including the Recipients) shall be deemed to acknowledge
that it has not relied on or been induced to enter such arrangements or agreement by any
representations or warranty set out herein or otherwise. The information provided in this
Document does not constitute a personal recommendation nor does it take into account the
particular investment objectives, financial situations and/or needs of individual Recipients.
The Recipients should read and consider all of the information contained in this Memorandum
and should conduct their own independent investigations and analysis in respect of the same.
The contents of this Memorandum are not to be construed as legal, financial, or tax advice.
Before acting on any advice or recommendation contained in this Document, the Recipients
should consider whether it is suitable for their particular circumstances and, are strongly
advised to seek professional advice. Each Recipient should consult his, her or its own legal
advisor, financial advisor and/or tax advisor for legal, financial or tax advice. The Recipients
are required to conduct their own due diligence and seek their own advice prior to making any
investment decision relating to the transaction and the Project.
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Keenjhar Lake Resort Project - Project Information Memorandum