1. Investment Opportunity
A Truly Hideaway Island Resort Hotel in Phuket
August 2015
Strictly Private & Confidential
Quasar Capital L.P.
View of Actual Resort Site

2.  Potential investors are invited to subscribe unit trusts of Thai SEC-registered Private
Equity Trust (“PE Trust”). The Trustee is the US$ 3-bn asset management firm
based in Thailand having responsibility to oversee the trust assets and manage the
trust as per the investment agreement. The subscription proceeds shall be used to
acquire the existing resort properties located on the island west of Phuket.
 The acquisition price shall be discounted from the fair value as estimated by the
well-known international appraiser. By doing so, this could lock up the profit for PE
trust before selling the properties in the future.
 After the acquisition, the PE Trust shall appoint a hotel chain operator and other
professionals as necessary to revamp the hotel businesses and operations.
 Since the operation and profitability of the resort have been fully optimized, the PE
trust shall exit and capture the investment gain by selling the assets to the newly
established REIT.
 The investment strategy of the investment project could be summarized in the
diagram below:
2
The Investment Opportunity
The 4.5 star resort comprised of 236 pool villas and suites located on the peaceful island 10 minutes away from the Royal Phuket Marina
Exit through REIT
or Private
Transaction
Renovate
/improve
operating
efficiency
PE Trust
acquires the
properties at
discount price
from fair value to
lock up profit
Investment Structure
Location
 The resort is located
on the east side of
Phuket which is fully
protected from
Tsunami
 Access to the resort
via private motor yacht
and boat owned and
operated by the resort
 10-min riding motor
boat from Royal
Phuket Marina to the
resort.
Investment Strategy of the Project
PE Trust
Hotel Assets
Sponsor Investor 1
Trustee
Trust
Manager
Investor 2
Manage/
control
Establish/ invest Co-invest
Property
Manager/
Hotel Chain
Operator
Appoint
Manage/ operate
Own

3. 3
Resort Exterior Photo Gallery
Resort is properly well-maintained and is suitable to various type of visitors. It provides sport activities, spa, and various recreations
Beachfront Pool Villa Jacuzzi Pool & Spa
Suite Private Pool Resort’s Bird-eye View

4. 4
The resort rooms have been uniquely designed and decorated with the aim to provide utmost comfort to the visitors
Resort Interior Photo Gallery
Suite - Master Bedroom Suite - Master Bathroom
Beachfront Villa - Master Bathroom Beachfront Villa – Living room

5. 5
Phuket Hospitality Industry
Tourist arrival, especially from China, continues to be a strong driving force for the Phuket hotels.
Phuket is Thailand’s largest island and one of the most popular tourist destination in Southeast Asia. The island is
enriched with sandy beaches, natural heritages, and diversified local cultures. It is also well-remoted from political
instability occurred in the capital city of Bangkok. Therefore, the island attracts million of visitors to come visit every
year and boost demand for hotel rooms as well as hospitality services.
Market-wide
Occupancy Rate
69%
KEY INDUSTRY STATISTICS (as of 2014):
Average
Room Rate
US$146
Source: C9 Hotelworks 2014 Hotel Market Update
No. of Int’l
Airport Visitors
5.68 mn
No. of Hotel
Key Supply
46.8k
Tourism Demand Supply Outlook
In 2014, Phuket Int’l Airport
welcomed 5.68 mn passengers
which was a marginal increase
over 5.67 in 2013.
Phuket currently has 46,803 keys
as registered accommodation.
The pipeline for 2015-2018 will
see a further 4,727 keys enter the
supply side
Occupancy rate is expected to
rebound once the negative affect
from political turmoil has been
absorbed. This is also supported
by airport expansion which shall
increase passenger handling
capacity from 6.5 mn to 12.5 mn
Mainland China remained the
largest foreign visitors to Phuket
since 2012. Top geographic
markets for YoY growth were HK
(+20%), U.K. (+17%), Japan
(+9%) and Singapore (+5%)

6. 6
This investment overview does not constitute an offer or invitation to persons to subscribe for or purchase any shares or other securities in any company or for
persons to enter or offer to enter into an investment agreement or to exercise any rights conferred by an investment to acquire, dispose of, underwrite or convert an
investment.
The investment overview contains basic information, statements, and estimates provided to Quasar Capital L.P. (“Quasar”) by the Company, its owners and its
management.
Any person including any proposed acquirer of securities of the Company, or any business or assets referred to herein must satisfy himself as to all matters relating
to that Company or such business assets including all the information and statements contained herein.
The investment overview contains certain statements, estimates and projections with respect to the anticipated future performance of the business. Such
statements, estimates and projections reflect various assumptions made by the management and owners of the Company concerning anticipated results, which
assumptions may or may not prove to be correct. No representation is made as to the accuracy of such statements, estimates and projections.
Quasar on behalf of itself, and all partners, staff and agents thereof, does not accept responsibility for any information contained herein and disclaims all liability to
any person or entity arising out of or in connection with such information.
This document is directed only at persons having professional experience in matters relating to investments, high net worth companies, unincorporated
associations, partnerships or trusts or their respective directors, officers or employees.
The opportunity to which this document relates is available only to persons falling within one of the categories above and the controlled investment or controlled
activity to which it relates. Persons of any other description should not make any use of, rely on nor act upon this document
THIS PRESENTATION DOES NOT CONSTITUTE A SOLICITATION OF INVESTMENT AGREEMENT FOR ANY ASPECT OF THE PROJECT. SOLICITATIONS
OF INVESTMENT AGREEMENTS AND GUIDELINES WILL BE DISTRIBUTED AT A LATER DATE.
Next Step
Interested parties could submit their intention to the contact detail provided herein
IMPORTANT NOTICE:
 Upon receipt of expression of interest, the confidentiality agreement shall be executed so that the detailed information of the investment project shall be
provided to the potential investors, including information on the transaction process.
 All inquiries and expression of interest should be directed to:
Quasar Capital L.P. Thitiphat Thaveesin Tel: +662-107-1609
799/53 Rama 3 Road, Managing Partner +6683-189-5599
Bangkok 10120 Thailand thitiphat@quasarpartners.com