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Enron Mail |
Cc: eugenie.sibeud@gs.com
Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: eugenie.sibeud@gs.com X-From: Sheila Glover X-To: Sara Shackleton, Donna Lowry, Lauren Hagerty, John Greene X-cc: eugenie.sibeud@gs.com X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_1\Notes Folders\All documents X-Origin: SHACKLETON-S X-FileName: sshackle.nsf 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.
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