Enron Mail

From:matthias.lee@enron.com
To:ngregson@wfw.com, sbainbridge@wfw.com
Subject:P/L Impact- Hyundai/ MT Pacific Valour
Cc:anita.fam@enron.com, angeline.poon@enron.com, alan.aronowitz@enron.com,richard.sanders@enron.com
Bcc:anita.fam@enron.com, angeline.poon@enron.com, alan.aronowitz@enron.com,richard.sanders@enron.com
Date:Fri, 8 Oct 1999 07:03:00 -0700 (PDT)

Neale / Suzanne

Below is Sheila's breakdown of the P&L impact for your reference.

As spoken with Neale earlier, we have instructed Rajah & Tann to do the
necessary searches on MTM and EPTS to establish if they have substantial
assets in Singapore. I will forward the results to you once received on order
that you may opine fully on the merits of the case and arbitration procedure.

Regards

Matt
---------------------- Forwarded by Matthias Lee/SIN/ECT on 10/08/99 01:55 PM
---------------------------


Sheila Foo
10/08/99 11:07 AM
To: Matthias Lee/SIN/ECT@ECT
cc: Russell Aeria/SIN/ECT@ECT

Subject: P/L Impact- Hyundai/ MT Pacific Valour


Hyundai:
Initial Costs 443
Freight 25
-----
468

Replace by purchase from (Cost 490 and freight of 54)
Enron Europe 544
===
Difference 76
===

On 3000MT Paraxylene cargo, P/L impact is -$228,000