Coconut Beach Resort |Waipouli, Kauai

A Real Estate Development Project by Forefront Capital

EB-5 Offering Summary

2

EB-5 Offering Amount $100,000,000 / 200 Investors

Investor Capital Contribution $500,000

Investor Preferred Return 0.5%

Investment Structure Mezzanine Loan

Initial Investment Term 5 Years

Escrow Release 80% released after the first I-526 is approved: Remaining 20% released after each individuals I-526 is approved

Project Exemplar I-924 Filed September 29, 2015

Investment Highlights

Forefront EB-5 Fund

Forefront Capital recently launched the Forefront EB-5 Fund to support their commercial real estate development goals and allow them to deliver innovative investment solutions to their clients around the world. The fund is focused on EB-5 real estate investments.

Hawaii Advantage The state of Hawaii is a leading tourist destination. Over 8.6 million tourists visited in 2015.; with an average of 214,469 tourists in the state on any given day. Moreover, the total visitor spending was $15.2 billion.

Unbelievable Location

The development site is in Wailua-Waipouli, south of Kapaa, on the eastern “Royal Coconut Coast” of the Garden Island of Kauai, approximately 8 miles north of Lihue, Kauai’s business center and Kauai’s airport. The site comprises of 20 acres of undeveloped land of which approximately 17.3 acres is declared as a Resort District (RR-20) by the County of Kauai. The eastern boundary of this site has more than 1,450 feet of beach frontage.

EB-5 Visa Insurance A Grade A insurance company will prove third-party guarantors during the visa application process to secure all investments.

Development Team

Interval Leisure Group, a leading global provider of non-traditional lodging, encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership, will invest $6 million in the development process as well as handling time share sales, marketing, operations and development.

Partnership Hyatt/Interval Leisure Group and SPD will provide access to unique relationship driven opportunities.

3

Hawaii is not a state of mind, but a state of grace.

- Paul Edward Theroux

4

Hawaii

Hawaii is the 50th and most recent U.S. state to join the United

States, having joined on August 21, 1959. It is the only U.S. state

located in Oceania and is the northernmost island group in

Polynesia.

The state encompasses nearly the entire volcanic Hawaiian

archipelago, which comprises hundreds of islands spread over

1,500 miles (2,400 km). At the southeastern end of the

archipelago, the eight main islands include Niihau, Kauai, Oahu,

Molokai, Lānai, Kahoolawe, Maui and the Island of Hawaii, the

last is the largest island in the group, often called the “Big Island”.

Hawaii's diverse natural scenery, warm tropical climate, abundance

of public beaches, oceanic surroundings, and active volcanoes

make it a popular destination for tourists, surfers, biologists, and

volcanologists and making tourism the most important part of its

economy.

Hawaii 2014 GDP (2009$ millions) $70,532

GDP Growth 0.8%

Hawaii 2014 Population 1,420,000

Per Capita Personal Income $46,034

2015 Total Visitors (millions) 8.6

2015 Visitor Expenditure (billions) $15.2

Hawaii Tourism Market Summary

5

6.3 ; 42%

3.0 ; 20%

2.3 ; 15%

1.3 ; 9%

1.3 ; 9%

0.6 ; 4% 0.1 ; 1%

Lodging

Food and Beverage

Total Shopping

Total Transportation

Entertainment andRecreation

43.3 ; 56%

10.9 ; 14%

10.7 ; 14%

10.8 ; 14%

1.4 ; 2%

Hotel

Condo Hotel

Timeshare

Vacation Rentals

Other

Total Visitor Expenditure ($billions) Total Visitors

Visitor Units by Type – 2015 (000s) Visitor Expenditure Breakup – 2014 ($billions)

12.2

14.4 14.5 14.9 15.2

9.9%

18.2%

1.1% 2.9%

1.7%

0.0%

5.0%

10.0%

15.0%

20.0%

-

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

2011 2012 2013 2014 2015

Total Visitor Expenditure ($billions) Growth

7,174 7,867 8,003 8,160

8,649

3.7%

9.7%

1.7% 2.0%

6.0%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

0

2,000

4,000

6,000

8,000

10,000

2011 2012 2013 2014 2015

Total Visitors (000s) Growth

Source: www.hawaiitourismauthority.org

Chinese Investment Activity

• China Oceanwide Holdings Group Co. Ltd. paid $200 million to purchase the 1 million square-foot property. The company plans to build two new hotels, which will add 400 traditional hotel rooms and 400 residences to Ko Olina Resort

• Marriott Vacations Worldwide Corp. plans to buy 240 rooms at the Waikoloa Beach Marriott Resort & Spa on the Big Island of Hawaii to convert these rooms into 112 time-share units. Having already spent $1.5 million, it has further committed an investment of $38.5 million

• Starwood Vacation Ownership will develop a new 26-acre oceanfront time-share resort on Maui, The Westin Nanea Ocean Villas, scheduled to open in 2017 in Kaanapali.

• Facebook CEO Mark Zuckerberg paid more than $200 million for the hundreds of acres of oceanfront property on Kauai's North Shore. A part of this ($135.5 million) was for a beachfront estate called the ‘Kahuaina Plantation’.

• Billionaire Thai-Chinese businessman Chanchai Ruayrungruang’s Reignwood International has purchased 1,103 acres at the Princeville Resort in Hanalei, including the Prince Golf Course, on the North Shore of Kauai for $343 million

6

Upcoming Projects for Chinese Investment

• Hawaii Timeshare Market has been increasing over the past few years with approximately 1,200 units in the pipeline, and 4,000 units entitled for development as of 2014.

• Part of the reason for recent timeshare gains is the increase in tourists to Hawaii who explore options beyond traditional hotels. Also, unavailability of hotel rooms as well as prices are playing an important role.

• As of 2014, Hawaii had 93 resorts, which made up 6% of the entire U.S. timeshare market. Hawaii also possesses the highest timeshare occupancy in the US with 85.2%

Source: www.staradvertiser.com, www.bizjournals.com

Coconut Beach Resort | Kauai, Hawaii

• Coconut Beach Resort is a Hyatt/Interval Leisure Group operated resort in Walua-Waipouli, Hawaii

• The project will have 3 story building, 47,655 square foot reception area, office area and housing state of the art amenities like an exercise room, owner’s lounge and indoor-outdoor restaurant and lounge

• The project will have 63 one bedroom, 250 two bedroom and 12 three bedroom condominiums, and all condominiums will include an outdoor terrace. The site plan has been designed in order to maximize the number of condominium units having at least a partial ocean view

• The hotel will be operated by Hyatt Vacation Ownership (HVO), the timeshare sales and management division of Interval Leisure Group. HVO is Hyatt Hotels and Resorts’ exclusive, long -term licensee for shared ownership properties. HVO will participate in the development and handle the timeshare and hotel, sales, marketing, management and operations. The quality of the Resort’s finishes will be typical Hyatt high-end standards

7

Coconut Beach Resort | Kauai, Hawaii

Project Type • Beach resort on one of the oldest and most beautiful Hawaiian Islands

Number of Units • 325 units • Finish levels exceeding Marriott, Hilton & Westin timeshare resorts

Unit Breakup

• Hotel units: 6 • Condominium units: 325 (one, two and three bedroom units) • Condominiums in proportion of view categories:

• Garden and mountain views (24%) • Partial ocean views (38%) • Full ocean views (24%)

Attractions

• 1,450 feet of beach frontage • Located within walking distance of numerous amenities, restaurants and

services at three shopping centers

Site Size • ~17.3 acres

Building Size • 523,900 square feet

Construction Commencement • Q1 2016

Construction Completion • Q4 2018

Total Project Cost (millions) • $367.9

8

Project Location - Kauai

9

• The Coconut Beach project site is on the Garden Island of Kauai, approximately 8 miles north of Lihue, Kauai’s business center and Kauai’s airport.

• The site is approximately 17.3 acres located in the Wailua-Waipoili area just south of Kapa’a

• Hawaii consists of six major islands: Kauai, Oahu, Molokai, Lanai, Maui, and Hawaii Island.

• Kauai is Hawaii’s fourth largest island and one of the most popular tourist destinations with numerous existing resorts and condominium communities.

Coconut Beach Resort Location

The site is located in the Wailua-Waipouli area just south of Kapaa, on the eastern

“Royal Coconut Coast” of the Garden Island of Kauai, approximately 8 miles north of

Lihue, Kauai’s business center and the location of Kauai’s airport

The site, which was acquired in December 2004, comprises approximately 20 acres of

previously undeveloped land with more than 1,450 feet of beach frontage

The location of Kapaa easily affords guests with accessibility to both the North and

South coasts as well as the interior Waimea Canyon area, all three of which are major

attractions for visitors to Kauai

10

Proposed Site

Forefront Capital

Forefront Capital is a multi-faceted financial services firm dedicated to providing innovative financing products, solutions and advisory services to our corporate clients and investors

Forefront Capital provides a full service investment banking platform to global emerging growth and middle market companies. We provide financing and advisory solutions for our clients and have successfully raised capital by leveraging our institutional and private client distribution channels. Our senior professionals were drawn to Forefront by the opportunity to bring the best our collective experience has to offer for growth oriented clients.

In addition to capital raising and advisory services to our corporate clientele, Forefront Capital makes principal investments in public and private companies. As early investors in the company's growth process, we invest in opportunities where we can add value beyond capital and forge long-term partnerships.

Community

The foundation of Forefront is its ability to attract highly respected and influential business leaders

Our unique community and relationships provide opportunities typically not available to boutique firms

Investment Products

Forefront has created a variety of public and private investment vehicles to access niche market opportunities

Our uniquely sourced asset management products are structured in an effort to be high yielding, risk mitigated and uncorrelated to the market

Financial Services

Forefront Capital is a global financial services firm and, together with its subsidiaries, provides:

• Alternative investment management

• Investment banking

• Capital markets services

We view our clients as long-term partners and we aim to add value beyond capital raising and advisory services. We often invest proprietary capital to ensure our alignment of interests

11

12

Forefront Team

Bradley Reifler | Chief Executive Officer and Founder

David Wasitowski | Chief Financial Officer and Chief Operating Officer

Christopher Engel | President

Forefront Management

Senior Advisory Robert Wolf | Founder & CEO of 32 Advisors

Nicholas Mitsakos | Chairman & CEO of Matrix Capital

Dr. Vikram Kuriyan | Director of the Investment Laboratory of ISB

Dr. Lawrence Y. Tian | Chairman of CIFCO International

Robert D. Beyer | Chairman of Chaparal Investments LLC

Forefront EB-5 Fund

13

Forefront Capital, in partnership with Symmetry Property Development, recently launched the Forefront EB-5

Fund to support their commercial real estate development goals and allow them to deliver innovative

investment solutions to their clients around the world. The fund is focused on EB-5 real estate investments.

Forefront Capital, in partnership with Symmetry Property Development, sources, designs and finances unique

commercial real estate opportunities in the Untied States. Together, they have developed key partnerships with

Hilton, Hyatt and Fordham allowing them to create superior commercial and residential properties.

Forefront EB-5 Advantage

14

Forefront EB-5 is the first and only EB-5 Sponsor that leverages the capabilities, brand, infrastructure and experience of a full service real estate lender, investor, developer, loan servicer and advisor in structuring, underwriting and servicing all EB-5 offerings.

Certainty of Job Creation

Minimum 30% Job Creation Cushion

Construction Completion Guarantee

Safety of EB-5 Investment

Minimum 15% developer equity investment

Underwriting Focused on Certainty of Repayment

Investor Service

I-526 Denial Guaranty

I-829 Denial Guaranty

EB-5 Real Investment Process

15

Returns from the project are distributed to EB-5 Investors. Investor receives visa after project implementation

Forefront EB-5 Fund invests capital raised from EB-5 Investors directly in real estate developments.

Forefront EB-5

Fund

EB-5 Investor invests in Forefront EB-5 Fund.

Project Developer

EB-5 Investor

Development

Project

Project Developers are partners with Forefront EB-5 Fund.

1

2

3

4

Employment Opportunity

16

3,110 Construction Jobs

614 Operations Jobs

2,000 Construction/ Operations Jobs

Employment Opportunity

3,725

1,725 jobs

created above

requirement

1.87x Requirement

Total Job Requirement

*Each EB-5 investors capital must create/preserve at least 10 jobs for qualified U.S. workers within the United States:

Total Investors = 200, Total Job Creation Requirement = 2,000

Project Team

17

Commercial Partners

Hyatt

Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to full and select service hotels, resorts, and residential and vacation properties worldwide.

Symmetry Property Development

Symmetry Property Development LLC (SPD) is a global development firm which specializes in creating superior life style communities combining culture, entertainment, retail, residential, education and hospitality of the highest quality in a cohesive master planned community setting.

Interval Leisure Group

Interval Leisure Group (ILG) is a leading global provider of non-traditional lodging, encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership. In its exchange and rental segment, Interval International and Trading Places International (TPI) offer vacation exchange and travel-related products to more than 2 million member families worldwide.

18

Financial Partners

Forefront Capital Forefront Capital is a global financial services firm and, together with its subsidiaries, provides alternative investment management, investment banking and capital markets services. The foundation of Forefront is its ability to attract highly respected and influential business leaders. Our unique community and relationships provide opportunities typically not available to boutique firms. We view our clients as long-term partners and aim to add value beyond capital

raising and advisory services. We often invest proprietary capital to ensure our alignment of interests

19

Development Partners

FSC Architects

FSC Architects is a hospitality design firm with an international practice offering planning and architecture services from its headquarters in Honolulu, Hawaii. The founding partners have combined over 45 years experience as hospitality designers and over 85 years of architecture practice with projects spanning the globe in over 24 countries.

WALSH

Walsh Construction Company is a Chicago-based general contracting, construction management, and design-build firm. Walsh is recognized as the largest construction firm in Chicago according to Crain’s Chicago Business, as well as one of the nation’s top 15 contractors according to Engineering News-Record (ENR). The firm has experience with a wide variety of building, civil, and transportation sectors.

Feasibility Partners

Ragatz Associates

Ragatz Associates is an international consulting and market research firm in the resort real estate industry. It was founded in 1974 by Dr. Richard Ragatz. The company provides consulting services for pre development project and post development projects. They even provide financial consulting

Lesher Chee Stadlbauer Inc.

Lesher Chee Stadlbauer, Inc. (LCS) provides real estate valuation and consulting services to Hawaii and the Pacific. The LCS Valuation Practice concentrates principally in commercial, industrial, hospitality, residential development (on an entire project basis), and specialty property types. They also have experience in complex engagements involving partial real estate interests, life estates, leased fee interests and real estate tax credits

21

Legal Counsel

ARNSTEIN & LEHR

Arnstein & Lehr LLP is one of the country’s oldest and most respected law firms. Since its founding in 1893, we have been serving clients – large and small – throughout the United States and in many foreign countries. Arnstein & Lehr today offers clients a sophisticated, full-service practice that addresses their diverse and complex needs with vision, expertise and a

commitment to quality and service.

22

Successful Team Projects

23

Forefront, with its partners, has successfully raised over 2 billion dollars in private and public financing for

various companies. • Forefront and it’s affiliates were involved in the

acquisition of One Court Square for $481M.

• The 52-story, 1.49 million-square-foot, class A

marquee office building was designed by

Skidmore Owning and Merrill.

• Since it opened, the building has been 100%

leased to Citibank on a triple-net lease currently

set to expire in May 2020.

Forefront with strategic joint venture partners has over 3.0

million square feet of assets under management valued at

a market capitalization of over $2.0 billion.

• Forefront and it’s affiliates were involved in the acquisition of North 3rd Street in

Williamsburg for $100M.

• The 110,000 buildable square feet has more

than 50,000 square feet of residential space

Successful Team Projects

24

• Forefront and it’s affiliates were involved in the acquisition of North

3rd Street in Williamsburg for $100M.

• The 110,000 buildable square feet has

more than 50,000 square feet of

residential space

Forefront with strategic joint venture partners has over 3.0 million square feet of assets under management valued at a market capitalization of over $2.0 billion.

Support Documents

Insurance Agreement Proposed insurance agreement

25

Investment Structure

26

Total Investment 367,905,000

Equity – Symmetry 73,581,000 – 20.00%

Construction Loan 188,324,000– 51.19%

EB-5 Investment 100,000,000 – 27.18%

New Hyatt Money 6,000,000 – 1.63%

*

20.00%

51.19%

27.18% 1.63%

Equity – Symmetry

368M

691M

323 Million

Surplus

Total Investment Gross Profit

Proforma Income Statement

$1,054.0

$691.9

$294.3 $42.2 $14.9 $6.8 $4.0

Gross TimeshareSales

ConstructionCosts

Land FF&E Costs Developer's Fee Developer'sExpense

Gross Profit

*Cost of Goods Sold $362.1

Construction Costs $294.3

Land $42.1

FF&E Costs $14.8

Developer’s Fee & Expense $10.7

Amounts in $ M

Gross Timeshare Sales $1,054.0

Cost of Goods Sold* $362.1

Gross Profit $691.9

Cost of Goods Sold

($362.1)

Fund Supervision & Exit Strategy

28

Fund

Supervision

Investment bank supervision: As registered at SEC and FINRA, Forefront Capital is a member of NASD, representing the benefits of 90 EB-5 investors. It will supervise the fund during the operations and managing of the project. It also promises to have top

accountant to audit financial statements every quarter as well as report project’s status to SEC, FINRA and USCIS.

Construction loan supervision department of credit and loan risk management from the bank will supervise on the loan to mitigate the risk for EB-5 investors.

Exit

Strategy

It is projected that by the end of year 5, or beginning of year six, the development team will evaluate various exit strategies that result in EB-5 investor payback including but not limited to: sale of the remaining asset, recapitalization or permanent financing to replace construction and EB-5 debt, and/or conversion of the EB-5 funds into an equity position in the project at the discretion of the General Partner.

In no event shall the repayment of EB-5 investor capital occur prior to their receipt of their 826 designation. Currently, EB-5 investor payback is anticipated by year-end 2020.

Contact Us

New York Headquarters

Times Square Tower, 7 Times

Square, 37th Floor,

New York, NY 10036

forefrontgroup.com

Beijing

10th Floor IFC East Tower,

8 Jianguomenwai Ave,

Chaoyang District, Beijing

Hong Kong

Suite 3201, Jardine House,

1 Connaught Pl,

Central, Hong Kong

+91-9825060895

info@sihl.in

www.sihl.in

SIHL House, opp Ambawadi Jain Temple,

Nehrunagar Crossroads, Ahmedbad- 380015

Member: NSE BSE MCX* NSDL CDSL