DIC Resort Private Token Offering✅ Initial Coin Offering (ICO) information.

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Learn all about DIC Resort Private Token Offering Initial Coin Offering (ICO) start date, end date, financials, whitepaper, team, and other important information. CJsGo Markets: Cryptocurrency, Crypto Exchanges news, and information.

ICO NameDIC Resort Private Token Offering
SymbolDIC
Start DateJuly 18, 2019
End DateDecember 31, 2019
CountryUnited Arab Emirates
PlatformEthereum
Ends
6 Months ago
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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.

FOUNDER AND CHAIRMAN
FOUNDER AND VICE-CHAIRMAN
CHIEF EXECUTIVE OFFICER
PriceN/A Sale29,500,000 Payment ModeETH
Minimum InvestmentN/A DistributionN/A RaisedN/A
Soft Cap3,000,000 USD Hard Cap27,933,500 USD
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