Message-ID: <29167891.1075860510933.JavaMail.evans@thyme>
Date: Fri, 8 Oct 1999 07:03:00 -0700 (PDT)
From: matthias.lee@enron.com
To: ngregson@wfw.com, sbainbridge@wfw.com
Subject: P/L Impact- Hyundai/ MT Pacific Valour
Cc: anita.fam@enron.com, angeline.poon@enron.com, alan.aronowitz@enron.com, 
	richard.sanders@enron.com
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Neale / Suzanne

Below is Sheila's breakdown of the P&L impact for your reference. 

As spoken with Neale earlier, we have instructed Rajah & Tann to do the 
necessary searches on MTM and EPTS to establish if they have substantial 
assets in Singapore. I will forward the results to you once received on order 
that you may opine fully on the merits of the case and arbitration procedure.

Regards

Matt
---------------------- Forwarded by Matthias Lee/SIN/ECT on 10/08/99 01:55 PM 
---------------------------


Sheila Foo
10/08/99 11:07 AM
To: Matthias Lee/SIN/ECT@ECT
cc: Russell Aeria/SIN/ECT@ECT 

Subject: P/L Impact- Hyundai/ MT Pacific Valour


Hyundai:
Initial Costs  443
Freight    25
   -----
   468

Replace by purchase from (Cost 490 and freight of 54)
Enron Europe 544
   ===
Difference   76
   ===

On 3000MT Paraxylene cargo, P/L impact is -$228,000

