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machinery for factories, roadmaking implements,and

general engineering work,as well as all kinds of

manufactured goods.

As a result of energetic management, our

undertaking is already well known and very fimly established in the Colony. We are fully organised

for successful activity on a large scale,and have branches at haiphong,Hanoi and Saigon, with agencies

in Yunnan, Hongkong, and Manilla.

It now only requires the increase of capital

facilities as above in order to enable us to consolidde

our position and to lay further sound foundations for

an undertaking, the importance of which for this

country cannot be over-estimated.

It is not proposed to make a public issue,as

several of our friends who are already interested

in the Company have expressed their willingness to

increase their holdings.

Should any further infomation be desired

one of our Managing Directors would be happy to call

upon you.

Awaiting the favour of your reply.

To remain,dear Sir,

Yours faithfully,

For and on behalf of

(Sed.)

INDO-CHINESE DEVELOPMENT SYNDICATE LED.

C.Andreae.

Managing Director.

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