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DIC Resort Private Token Offering

DIC Token The Investment Partner

DIC Trading Limited’s founder Dr. Lubos Riha and his team are planning to raise a total of USD 27,933,500 (Twenty Seven Million Nine Hundred Thousand Five Hundred USD) through a Private Token Offering (PTO) in addition to the US$ 15 million founders and sponsors equity.
DIC Private Token Offering (PTO) is a Restricted Collective Investment Scheme limited to accredited investors and institutions (private placement) with the aim of financing the design, development and construction of our luxury lifestyle beach resorts project on Al Marjan Island in Ras Al Khaimah (United Arab Emirates).
Our offering is backed by REAL ASSETS (hotel + real estate):
* Pre-selected Steigenberger Hotel & Residences (G+12 Resort 575 keys + Service Apartments 384 keys) * Al Mahra Resort (G+12 Hotel Apartments, 548 keys, under construction).

3.3
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Benchy 3.3
KYC
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~$243,000
value of tokens sold in ICO
Ended
Token
DIC
Type
Whitelist/KYC
KYC
Restricted areas
Prohibited Countries
preICO start
17th Apr 2019
preICO end
18th Jul 2019
ICO start
18th Jul 2019
ICO end
31st Dec 2019
Visit ICO website
Report

About DIC Resort Private Token Offering

DIC EAST DMCC FZE a company registered in the Dubai Multi Commodities Center Free Zone is the landowner for the two plots HRL 05 and HRL 06 sites, both dedicated for the development of the pre-selected Steigenberger Hotel & Resort on Al Marjan Island, and has entered into a Joint Venture with FAM HOLDING, a Dubai based prominent real estate developer and contractor, to undertake the development and the construction of this 225 million USD project.

The Directors of DIC EAST DMCC and FAM HOLDING respectively, Dr. Lubos Riha and Dr. Faisal Ali Mousa together with their professional and highly experienced teams, have joint their efforts to ensure that this development and the funds collected for this purpose will be managed properly and diligently.

Under this newly formed equally owned Joint Venture “DIC-FAM”, both founders are set to contribute their respective assets, cash plus lands for DIC and cash plus development cost, including construction for FAM HOLDING. To date both parties have injected into the JV in cash over 15 million USD of their own equity and continue to do so as to such extent that the cash equity founders contribution by the end of 2019 will stand at 25 million USD.

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ICO KYC Report
2 members invited
Lubos Riha
Passed
Cyril Piaia
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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