Awaysis Capital acquires Chial Properties in Belize for $5.5M from Chairman Michael Singh

Awaysis Capital, Inc.

Total purchase price $5.5M: $2.4M cash, $1.5M secured promissory note (0% interest, due Feb 2025 or uplisting), $1.6M convertible note (3.5%, due June 2025).
Seller is Chairman/Co-CEO Michael Singh via affiliate; transaction is related party.
Assets include over 63 acres in Cayo District, Belize, with ~35 villas (59,000 sq ft) for Awaysis branded development.
Both promissory notes are secured by first-priority liens on substantially all of Awaysis' assets.

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