Fincorp - Investment Bank - Egypt

CORPORATE PROFILE

Investment banking and strategic advisory services

March 2011

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March 2011

Table of Contents

Page

Overview of FinCorp 2Mission Statement 3

Affiliation 4

Range of Services 5

Experience of FinCorp Professionals 26Experience of FinCorp Professionals 26

Management & Staff 32

Contact us 36

This corporate profile serves as a reference for the investment community and other interested parties.It provides an introduction to FinCorp and offers a simple yet comprehensive handbook of relevant information

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It provides an introduction to FinCorp and offers a simple yet comprehensive handbook of relevant informationto assist anyone wishing to analyze us.

Overview of FinCorp

FinCorp ultimately depends on maintainingl li l i hi h h FinCorp

A fully licensed Investment Banking firm that wasoriginally established in Egypt in 1998 with apaid-up capital of LE 20 million.

long term client relationships throughthese 4 key values that act in a continuous circle

FinCorp

Long TermFinCorp is owned and managed by a groupof highly qualified professionals with excellenttrack record in Corporate Finance and AssetManagement.

Long TermClient Relationships

FinCorp operates on a regional basis through anetwork of sister companies located in thefollowing important locations:

RiyadhCairo

Professionalism

Quality output yDammam Doha

Innovation

Specific Tailoring

We also have strategic alliance with financialadvisory firms in Jordan, Lebanon, Syria, Yemen,Libya, Algeria, Sudan, and France.

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Specific Tailoring y , g , ,

Mission Statement

To provide our clientsin the Middle East with integrated investment banking and g g

strategic advisory servicesthat meet or exceed their expectations

i f li d l dd din terms of quality and value added

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Affiliation

• Egyptian Financial Supervisory Authority (EFSA) www.efsa.gov.eg

FinCorp Investment Holding (S.A.E.) is registered with EFSA and is authorized to provide thefollowing integrated investment banking services:

Financial advisory services;

Promotion and underwriting;Promotion and underwriting;

Portfolio Management;

Venture Capital; and

Establishing new companiesEstablishing new companies

Founded in 1996, the Egyptian Capital Market Association (ECMA) is Egypt’s first non-government,• Egyptian Capital Market Association (ECMA) www.ecma.org.eg

Founded in 1996, the Egyptian Capital Market Association (ECMA) is Egypt s first non government,not-for-profit professional organization in the securities industry. It is dedicated primarily to providinga forum for all capital market participants in their efforts to set high professional standards for theindustry, adhere to the ethical conduct of business and the rules of fair practice, and uphold the integrityof the marketplace.

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Range of Services

I t t B kiInvestment Banking

Financial & Strategic

Business ValuationMergers and Acquisitions

Asset ManagementCorporate Finance

Fairness OpinionsFeasibility StudiesStrategic Business planningFinancial & Corporate

Portfolio Management

g q

Private Placements

Initial Public Offering

Issuance of Corporate Bonds Financial & CorporateRestructuring

Corporate GovernanceInvestor RelationsT M t

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Arranging of Loans

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Treasury Management

Range of Services …g

1. Mergers & Acquisitions

Understand the objectives of their acquisition ordivestment strategy (or can assist with thedevelopment of the strategy);

Manage the acquisition process (including theraising of finance where required);Sell-side Advisory;

We work closely with our clients to:

Establish acquisition or divestment criteria andidentify potential candidates;Initiate discussions and obtain information;Advise on value;

Buy-side Advisory;Mergers/Spin-offs/Sales of Divisions, Departments;Management Buy-Out/ Buy-In;Arranging of cooperating partners;;

Structure and negotiate terms;Co-ordinate due diligence investigations;

Arranging of cooperating partners;Arranging joint-ventures and alliances; andPost Merger Integration.

Through our strong links to FinCorp network in the Middle East, our M&A specialists are capable of identifyingg g p , p p y gopportunities and executing cross-border deals for clients. The M&A team can also provide clients with broaderstrategic advisory services.

Our awareness of the trends and issue within the local and regional industries allow us to advise clients on a range ofstrategic alternatives for improving the performance and value of their company.

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g p g p p y

Mergers & Acquisitions …

Ascertain Client Needs

Target/ BuyerValuation

Idea Generation Post Announcement Positioning

Deal Structuring & Negotiation

Assess Integration Issues

Id tif i E l ti Executing Making deals

Due Diligence

Monitoring Deal Evaluation of Structure & Assess Market

Identifying Deals

Evaluating Deals

ExecutingDeals

Making deals Successful

Monitoring Deal Flow Target/Buyer

Position

Analysis of

Structure & Arrange Financing

Assess Market Reaction

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Synergies

Mergers & Acquisitions …

Thorough analysis of strategic alternativesChoose optimal path or appropriate action to

Carefully selected potential partnersControlled flow of information

ConfidentialityAnalysis

achieve Client’s objectives

Through preparation: no

Fincorp is prepared for immediate

CertaintySpeedValue

Maximizing Strategies

surprises Accurate, regular feedback (communication is key)

for immediate execution Momentum and urgency from engagement to deal

Minimize Management Burden

Market Deal

Develop investment case/ marketing story

key) Achievement of forecasts

closing

Dedicated and focused team of experiencedsenior transaction professionals at every stepConstant communication and effective dissemination P i Fi i

p g yConvey Client’s compelling story Create competitive tension Effective management presentations

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Primary Fincorp access point

Range of Services …

2. Private Placements


Prepare Valuation of company

Assist in preparation of road show presentation

Assist in Preparation of offering memorandum

Transaction closingDevelop marketing strategy to potential

investors

Coordinate all activities required to close

transaction

Contact potential Contact potential investor groups and schedule read show transaction

meeting

Drive negotiation of value and appropriate

Provide follow-up i f ti t i t

Supervise and coordinate investor due

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value and appropriate transaction structure

information to investors as requested

coordinate investor due diligence meetings


3. Initial Public Offerings (Stocks / Bonds)

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Supervise the preparation of necessary financial, marketing, managerial, technical and legal studiesto identify the company’s major areas of strengths and weaknesses as well as the identifying major

3. Initial Public Offerings (Stocks / Bonds)

opportunities and threats.

Conduct necessary financial projections to determine the company’s expected cash flows and todetermine the fair market value of the company and its shares using different valuation methods.

For corporate Bonds: we assess the ability of the company to meet its long-term obligations andensure that it meets the minimum requirements to obtain an acceptable credit rating.

Assess the prevailing economic clients and prevailing market conditions to identify the right timefor the offering.

Assist in finalizing all formal requirements needed for the planned offering and in obtaining allgovernment approvals required.

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Range of Services…

4. Structured Finance

Define the projects' short, medium and long term financing needs.Measure the projects expected level of cash flows under different operational conditions.Determine the most suitable financial instruments that could be used and the financial institutions thatcould be approached in order to raise the finance which conforms to and matches the project’s conditionscould be approached in order to raise the finance which conforms to and matches the project s conditions(In accordance with Islamic Sharia).Identify the guarantees and collaterals that could be submitted to those financial institutions willing tofinance the project.Prepare a complete Credit file (which includes all technical marketing and financial studies in addition toPrepare a complete Credit file (which includes all technical, marketing and financial studies in addition toother documents pertinent to the project) and have it submitted to chosen financial institutions.Approach financial institutions to raise the required finance.Prepare and conduct necessary presentations to selected financial institutions to highlight the project’s

j f t th t iti d i k d th j t’ t d t i dditi tmajor areas of strengths, opportunities and risks and assess the project’s expected returns in addition toproviding necessary clarifications as may be needed.Evaluate offers received from different financial institutions and participate with the client’s managementin the negotiations with them to obtain the best financing terms.P ti i t i i i th t t ith h fi i l i tit ti

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Participate in reviewing the contracts with such financial institutions.


5. Business Valuation

Business sales, purchases, and mergers.Corporate planning and strategic alternative agreements.Cross fund investments for venture capital and private equity investors

FinCorp provides valuation services for a broad range of purposes and including:

Cross-fund investments for venture capital and private equity investors.Dispute resolution, litigation support, and expert opinions and testimony.Equity placements and financings.Intellectual property/intangible asset valuations. Management compensation and stock-option programs.Portfolio valuation and strategic alternative assessment for venture capital and private equity investors.Recapitalizations, restructurings, stock repurchase, and spin-offs.

Valuation services are provided for M&A transactions in which FinCorp has been the investment banker aswell for transactions (both buy-side and sell-side) where we have structured the deal.

FinCorp has extensive experience working with shareholders, stakeholders, boards of directors, and otherinterested parties with valuations appraisals and fairness opinions

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interested parties with valuations, appraisals and fairness opinions.

Range of Services……

6. Feasibility Studies

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Studying different aspects of the project and analyzing its strengths and weaknesses through thefollowing:

Supervise the preparation of detailed marketing studies / market research to identify marketingt iti il bl f th j topportunities available for the project.

Supervise the preparation of technical and engineering studies required to estimate the project’sinvestment cost.

Conduct a financial appraisal for the project to identify its key financial indicators.pp p j y y

Estimate the project’s Internal Rate of Return (IRR).

Conduct necessary sensitivity analyses to assess the project’s sensitivity to changes in keyassumption used for financial projections.

Identify risks associated with the project (whether related to market, operations, management orfinance) in addition to assessing how such risks could be mitigated.

Advise clients on possible methods to finance their projects and estimate the expected returns usingdifferent methods of financing

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different methods of financing.


7. Strategic Business Planning

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Perform diagnostic analysis to identify company’s major areas of strengths and weaknesses especiallywith regard to the organizational, managerial, financial, marketing and technical aspects.Perform external analysis to identify prevailing market conditions projected trends and identify majorPerform external analysis to identify prevailing market conditions, projected trends and identify majoropportunities and threats.Establish the company’s mission statement and corporate values.Identify and agree with the management the company’s strategic objectives and directions over the

i i dcoming period.Identify and evaluate available options to achieve the company’s strategic objectives.Recommend the option which achieve the best results.Prepare an Implementation Action Plan (which includes the steps and procedures that has to bePrepare an Implementation Action Plan (which includes the steps and procedures, that has to befollowed to achieve the company’s strategic goals, in addition to identifying who is responsible forimplementation, target competition date, success criteria and additional human and financial resourcesrequired).Assist in the Implementation of the Action Plan.

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8. Financial & Corporate Restructuring

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Conduct detailed analysis of the different financial, marketing, technical, managerial and legalaspects that led to the company’s delinquency.

E l t th d it l t i i t ti ll i d l ti t d dEvaluate the company and its surplus assets using internationally recognized valuation standards.

Prepare detailed cash flow projections to identify the expected performance of the company.

Identify possible options for restructuring the company.

Negotiate with financial institutions and creditors with the purpose of restructuring the outstandingdebts.

Cooperate with the company’s legal advisor in drafting the restructuring agreement before it isi d b h lisigned by the client.

Provide periodical consultancy to the client and follow-up his performance until full settlement ofthe outstanding liabilities.

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9. Portfolio Management

g

In Egypt, FinCorp is licensed to provide Portfolio Management services. Clients can chose between aDiscretionary or Advisory Portfolio Service:

Discretionary portfolio management – where client wishes to delegate the day to dayDiscretionary portfolio management where client wishes to delegate the day to daymanagement of his portfolio to a professional investment manager. FinCorp’s highly qualified anexperienced investment professionals take full responsibility for all investment and administrativematters relating to client’s portfolio including undertaking the following tasks:

Defining Clients’ Investment Strategy and assess their level of acceptable riskDefining Clients Investment Strategy and assess their level of acceptable risk.Structure the Client’s Portfolio in a way that would conform with agreed upon strategy.Ensure that selected stocks are of the highest quality and have growth potential.Monitor the performance of the portfolio on a timely basis and issue periodic reports to clients.

Advisory portfolio management – where clients wish to retain control over investment decisionsand play an active part in the decision making process. FinCorp’s team of qualified and experiencedinvestment professionals will keep clients informed of market trends and stock movements but the finali t t d i i ill l b d th t l f th li t

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investment decision will always be under the control of the client.


We offer two distinct mandates to clients, both of which benefit from access to research supplied by various

9. Portfolio Management …

securities houses:

Long-Term Portfolio mandate - The Long-Term Portfolio provides exposure to local equity, bondsand cash. This investment approach is best suited to investors seeking performance in the long termthrough a more conservative portfolio management style.g p g yOur investment philosophy focuses on assessing and reassessing recognized market leaders, and identifying thegrowth shares of tomorrow. We encourage open and honest debate throughout the investment process.Diversification in these portfolios helps to reduce the threat of increased volatility seen in the local market andbetter absorbs any shocks that may occur, providing a level of investment consistency.y y p g y

Opportunities Portfolio Mandate - The Opportunities Portfolio provides the opportunity of enhancedreturns by focusing on sectors showing out- performance or turnaround potential and identifying the growthstocks in these sectors. We actively manage portfolios to exploit anomalies and opportunities that exist in themarket. The fundamental attraction of this portfolio is our ability to identify themes in the market and purchasemarket. The fundamental attraction of this portfolio is our ability to identify themes in the market and purchasegrowth stocks to maximize returns. The portfolio is ideally suited for risk tolerant investors looking for enhancedreturns through a highly flexible portfolio.

These mandates are controlled by an investment committee, which focuses on stock selection through the use ofmacro research and fundamental analysis, such as frequent company contact. Our investment process has

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macro research and fundamental analysis, such as frequent company contact. Our investment process hasevolved with the market, enabling us to identify current themes, actively seeking opportunities in the marketwhich allow our portfolios to out-perform over the medium to long term.


10. Treasury Management

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Treasury management is concerned with a company’s liquidity. Our team will assist the managementmonitoring current and projected cash flows and special funding needs, and using this information tocorrectly invest excess funds, as well as being prepared for additional borrowings or capital raises. We willalso guide the management to safeguard existing assets, which calls for the prudent investment of funds,while guarding against excessive losses on interest rates and foreign exchange positions Our team will

Treasury Management

while guarding against excessive losses on interest rates and foreign exchange positions. Our team willassist the management monitoring the internal processes and decisions that cause changes in workingcapital and profitability, while also maintaining key relationships with investors and lenders.

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... Treasury Management

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Ultimately, treasury management ensures that a company has sufficient cash available at all times tomeet the needs of its primary business operations. However, our responsibilities range well beyond thatsingle goal. We also have significant responsibilities in the following areas:

Cash flow forecasting. We compile the accounting information into short-range and long-range cash forecasts. These forecasts are needed for investment purposes, so the treasury staff canplan to use investment vehicles that are of the correct duration to match scheduled cash outflows.The staff also uses the forecasts to determine when more cash is needed, so that it can plan toacquire funds either through the use of debt or equity Cash forecasting is also needed at theacquire funds either through the use of debt or equity. Cash forecasting is also needed at theindividual currency level, which the treasury staff uses to plan its hedging operations.

Working capital management. We keep aware of working capital levels and trends, andadvise management on the impact of proposed policy changes on working capital levels.

Cash management. We use the information we obtained from cash flow forecasting andworking capital management activities to ensure that sufficient cash is available for operationalneeds.

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Investment management. We provide guidance for the proper investment of excess funds. Themaximum return on investment of these funds is rarely the primary goal. Instead, it is much moreimportant to not put funds at risk, and also to match the maturity dates of investments with acompany’s projected cash needs.p y p j

Treasury risk management. The interest rates that a company pays on its debt obligations mayvary directly with market rates, which present a problem if market rates are rising. A company’sforeign exchange positions could also be at risk if exchange rates suddenly worsen. In both cases,we can create risk management strategies and implement hedging tactics to mitigate theg g p g g gcompany’s risk.

Management advice. We monitor market conditions constantly, and therefore are an excellentresource for the management team should they want to know about interest rates that the companyis likely to pay on new debt offerings, the availability of debt, and probable terms that equityis likely to pay on new debt offerings, the availability of debt, and probable terms that equityinvestors will want in exchange for their investment in the company.

Credit rating agency relations. When a company issues marketable debt, it is likely that acredit rating agency will review the company’s financial condition and assign a credit rating to thedebt We assist the company responding to information requests from the credit agency’s review

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debt. We assist the company responding to information requests from the credit agency s reviewteam and providing it with additional information over time.



Bank relationships. We meet with the representatives of any bank that the company uses todiscuss the company’s financial condition, the bank’s fee structure, and other services. We work onbuilding a long-term and open relationship that can lead to some degree of bank cooperation if acompany is having financial difficulties and may sometimes lead to modest reductions in bank feescompany is having financial difficulties, and may sometimes lead to modest reductions in bank fees.

Fund raising. A key function is for us to maintain excellent relations with the investmentcommunity for fund-raising purposes. This community is composed of the sell side, which arethose brokers and investment bankers who sell the company’s debt and equity offerings to the buyid hi h th i t i f d d th f h h b th ’side, which are the investors, pension funds, and other sources of cash, who buy the company’s

debt and equity.

Credit granting. We may guide the company granting credit to its customers. This task is usefulsince it allows some control over the amount of working capital locked up in accounts receivable.g p p

Other activities. If a company engages in mergers and acquisitions on a regular basis, then wehave expertise in integrating the treasury systems of acquires into those of the company. Anotheractivity is the maintenance of all types of insurance on behalf of the company.

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11. Corporate GovernanceDefinitionCorporate governance is the set of processes, customs, policies, laws,and institutions affecting the way a corporation (or company) isdirected, administered or controlled. Corporate governance alsoi l d h l i hi h k h ld i l d d

Definition

includes the relationships among the many stakeholders involved andthe goals for which the corporation is governed. The principalstakeholders are the shareholders, the board of directors, executives,employees, customers, creditors, suppliers, and the community at large.

Our ServicesCorporate governance and compliance reviews;Conducting and facilitating board assessments;Preparation of corporate governance manuals and board policies;Preparation of corporate governance manuals and board policies;Risk assessment and risk management;Audit committee effectiveness assessments;Financial information review procedures;Identification and monitoring procedures to control key risks; and

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Identification and monitoring procedures to control key risks; andTraining courses for managers and directors.


11.1 Benefits of Corporate Governance

Improving access to capital and financial markets.Good corporate governance ensures corporate success and economic growth.Strong corporate governance maintains investors’ confidence, as a result of which, company can raise

it l ffi i tl d ff ti lcapital efficiently and effectively.Empirical evidence and research conducted in recent years supports the proposition that it pays to havegood CG. It was found out that more than 84% of the global institutional investors are willing to pay apremium for the shares of a well-governed company over one considered poorly governed but with a

bl fi i l dcomparable financial record.It lowers the capital cost.There is a positive impact on the share price.It provides proper inducement to the owners as well as managers to achieve objectives that are inp p p g jinterests of the shareholders and the organization.Good corporate governance also minimizes wastages, corruption, risks and mismanagement.It helps in brand formation and development.It ensures organization in managed in a manner that fits the best interests of all

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It ensures organization in managed in a manner that fits the best interests of all.


12. Investor Relations

FinCorp provides a channel through which the investment community, including investors, analysts, orany other interested party can easily access information about an investee. This is particularly importantf i f ti t d f ti f i t it d t t thi th t f thfor information transparency and for promoting a sense of integrity and trustworthiness on the part of theinvestee.

Our IR team is responsible for maintaining the company’s most up-to-date information with regard to itsd t d i It l i t i th l t t i f ti b t th ' ti l dproducts and services. It also maintains the latest information about the company's operational and

financial performance in its quarterly and annual reports, as well as its performance in the securitiesmarkets,

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We can provide a wide array of services, including the following

FinCorp can formulate the entire range of company communication materials including press releases conference call scripts annual

If a company conducts an investor day, where it brings an array of company managers together for

Investor daysCommunication

materials, including press releases, conference call scripts, annual reports, fact sheets, and investor presentations. we can also provide advice regarding the types of communication to use in the event of mergers, restatements, or proxy battles.

brings an array of company managers together for presentations to the investment community, then a FinCorp can assist with invitations to analysts and investors, as well as manage the event logistics.

Investor days

Investor

Communication materials

Board advisor Investor Relations

FinCorp can conduct periodic surveys of selected investors in order to obtain

The board of directors can appoint a FinCorp to be its

feedback

Press releasesValuation analysis

Relations feedback about their perceptions of the company.

appoint a FinCorp to be its investor relations advisor.

FinCorp can writing press releases, or at least reviewing those releases written by company employees. The result should be polished and concise releases.

Supervise the preparation of necessary financial, marketing, managerial, technical and legal studies to identify the company’s major areas of strengths and weaknesses as well as the identifying major opportunities and threats.

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and threats.

Experience of FinCorp Professionalsp p

Our professionals have providedSpecialized Financial advisory servicesto a large number of leading companies

in the Middle East

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Experience of FinCorp Professionals….

Experience in the Manufacturing Sector

p p

Galva MetalValuation study to invite potential investors to participate in the sale of the company’s share capital.

Egyptian Intl. Co. for Aluminum (EIPAL)

Egyptian Italian Paints Co.-EuroquarzoA feasibility study for the tiles production Company to promote a stake of the company’s shares among potential p p p y p

Valuation by Fincorp Investment Holding

Prepared a valuation study and financial restructuring upon the request of the company’s lenders (banks).


p p y g pinvestors and to assist the company in securing necessary bank loans and facilities.

Feasibility study by Fincorp Investment Holding

Metallurgic Industry Holding Co. (MIHC)

Sinai CementA feasibility study to assess the viability of establishing a

International Co. for Refrigeration & Appliances (Iberna)Private placement offering of a capital increase amounting

illi di ib d diProvision of privatization advisory services to SOFRECO.

Prepared by Fincorp Investment Holding

A feasibility study to assess the viability of establishing a new cement production line with a capacity of 10,000 clinker per day. In addition, FinCorp was also requested to assist the company in promoting the stake of the company’s capital increase to potential investors and also to assist in securing the required loans for financing the second production line.

Feasibility Study by

to LE 10.463 million distributed among 208,676 ordinary shares representing 47% of capital with an offering price of LE 50 per share. The proceeds will be used to finance the new expansion facility that will be established in 2001 to penetrate the household appliances market


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y y yFincorp Investment Holding


Experience in the Tourism Sector

p p

Orascom Hotels Holding (OHH)Providing financial advisory services for the issuance of bonds for a total amount of LE 100 million (with a

Oberoi Hurghada Co.

Conducted a valuation study for Oberoi Hurghada Co. in

Akhbar El Youm for Touristic Devpt. (Radisson SAS)Feasibility study to assess the viability of establishing a five star Hotel in Marsa Alam. In addition, FinCorp (

maturity of seven years and a carried interest of 14.25% paid semiannually) to retire a part of the company’s outstanding bank debts and to finance its new touristic projects


Conducted a valuation study for Oberoi Hurghada Co. in order to determine the fair value of its share capital as well as to assist it in promoting the sale of the bank’s stake among potential investors .

Valuation study by Fincorp Investment Holding

was also requested to assist the company in promoting the company’s capital to potential investors and also to assist in securing the required loans.


Tulip Nile & Golf Hotel (Luxor) Bonita for Touristic Invest., Fayed Nile Hiltonp ( )Feasibility study providing prospective investors with anoverview on the investment opportunity in the Golf CityProject. The feasibility study includes the establishment oftwo hotels, shopping complex and other facilities.

Prepared byFincorp Investment Holding

yValuation study to offer share capital for sale to potential investors.

Valuation Study by Fincorp Investment Holding

Valuation study to determine the share value of the hotel.


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Fincorp Investment Holding


Experience in Other Sectors

p p

Advanced Computer Technology (ACT)Valuation study to invite new investors to participate in the company’s share capital

Manara Holding Co.(under formation)

Valuation study to offer new issuance of 117,000 ordinary shares at a fair value of LE 100 per share (the

Thebes Educational GroupInitial offering of up to 40% of Thebes Educational Group total capital. The offered stake value is LE 28 million. the company s share capital.


ordinary shares, at a fair value of LE 100 per share (the securities) for sale. The 117,000 shares will represent 57% of the Company’s shares amounting to LE 20.6 million.


pPrivate placement offering.


Saudi Egyptian Co. (CAT)Commercial Intl Real Estate Co. (CIRD)

German Industry Co. (GIC)

Feasibility study for establishing a trading company in Egyptfor the purpose of importing and selling footwear and otheraccessories mainly under the brand name of CAT.


(CIRD)The offering of a private placement of a capital increase of US$ 14.8 million representing 25% of its share capital to finance the establishment of Nile Gateway Office Complex, CIRD’s first project. In addition to seeking a bank loan of US$ 29.3 million

Valuation by

A feasibility study to raise a long term loan of US$ 2.6 million that will be used to finance part of the construction cost of The German Chamber Tower which would be occupied by the German Arab Chamber of Industry and Commerce (GACIC), selected German, European and Egyptian organizations

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Fincorp Investment Holding Valuation by Fincorp Investment Holding


Experience in the Banking Sector

Commercial International BankTotal Assets Amounted to: L.E. 16633 Million as at Dec. 31st 2000

Misr International BankTotal Assets Amounted to: L.E. 11305 Million as at Dec. 31st 2000

Export Development BankTotal Assets Amounted to: L.E. 6460 Million as at Dec. 31st 20002000

Total Equity Amounted to: L.E. 1463 Million as at Dec. 31st 2000

Bank Valuation by

Fincorp’s professionals

2000


Bank Valuation by Fincorp’s professionals



Egyptian American Bank National Societe General Egyptian Commercial BankgypTotal Assets Amounted to: L.E. 6268 Million as at Dec. 31st 2000



Total Assets Amounted to: L.E. 5474 Million as at Dec. 31st 2000



gypt a Co e c a aTotal Assets Amounted to: L.E. 2058 Million as at Dec. 31st 2000



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p p

FinCorp’s Most Important Asset … Peoplep p p

FinCorp’s Experienced Executives and Staff:

Provide better understanding of current issues and high quality advice.

Single source for integrated advice on a wide range of financial services.

Offer independent advice reinforced by long standing technical experience.

Have strong relationships with numerous leading private & public sector bodies.

Have access to exceptional industry knowledge and business process experience.

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Management & StaffgName : Mohamed Hamdy Salem

Position : Chairman & Managing Director

Name : Mohamed El Sharnouby Abdel Aziz Ahmed

Position : Board MemberPosition : Chairman & Managing Director

Qualifications : Bachelor of Commerce, Accounting, 1967, Cairo University,Post Graduate Studies in Economics, Financial Planning andMgmt Accounting, McGill University, Montreal, CanadaMember of the Institute of Mgmt Consultants, USA

Position : Board Member

Qualifications : Bachelor of Commerce, Alexandria University.

Experience : * General Manager Board Member of Banque Misr 2000/2002.

* Board Member of Cairo and Alexandria Stock Exchange

Experience Mr. Salem joined FinCorp in January 2000 as ManagingDirector and CEO. Previously Mr.. Salem was Head ofKPMG Hazem Hassan’s Corporate Finance practice as wellas coordinator of KPMG’s Corporate Finance network inthe Middle East, and has accumulated over 16 years ofexperience in Senior Corporate Finance positions. Mr..Salem has worked and lived in both Canada and Egypt. He

1997/2000.

* Board Member of Extracted Oils Co. 1998 - to date.

* Board Member of Delta Fertilizers and Chemical Industries Company 1999 – to date.

* Chairman and C.E.O. of Misr Exchange Co. (an affiliate f B Mi )has gained a wide range of financial expertise in mergers

and acquisitions, private placements and fund raising, businessvaluation, financial restructuring, privatisation, feasibility studiesand project appraisal, corporate restructuring and strategic planning.

Mr. Salem directed, coordinated, led and conducted a multitude ofassignments, comprising of multi-disciplinary teams ofprofessionals in many sectors in Egypt several Arab countries and

company of Banque Misr).

* Participated in the privatization of the first company in Egypt in 1993: Misr Chemicals Co.

* Participated in most of the privatization processes of the public sector companies (Food industries – Chemicals – Engineering –Metallurgical).

professionals in many sectors in Egypt, several Arab countries andAfrica such as : banking, capital markets, tourism, manufacturing,real estate and construction.

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Management & StaffName Fahad Abdullah AlKassim

P iti E ti P id t Al K i

Management & StaffName : Dr. Mohsen Salamony

Position : Vice PresidentPosition Executive President, Al Kassim

Qualifications Bachelor of Commerce, Accounting, 1986, King SaudUniversity - RyadahExpert in GCC Commercial Arbitration CenterChairman of Al Nokhba Recruiting

Position : Vice President

Qualifications : Bachelor of Commerce, Major: Accounting, Faculty ofCommerce, Cairo University, Ph.D. in Investment Banking, London.

Experiance Mr. AL-kassim is currently the president of Al-KassimConsultants. Mr. Al-kassim joined Al-kassim Consultants inJanuary 2001 as a senior partner.

Mr. Al-kassim started his professional career in Al-Rashed audit

Experience : Dr. Salamony joined FinCorp in December 2003 as a VicePresident. In addition, Dr. Salamony is currently theManaging Director of IBG International Brokerage Groupin Cairo. He has gained wide experience in the area ofcapital market development, corporate finance, and financialadvisory services through his past work experience thatspans a total of 29 years.He has acted as a Senior Vice

firm, then moved to Al-Grid and partners audit firm (Delloite &Touche).

Mr.Al-Kassim established his own audit firm in 1990, and thenhe became the Managing Director of Dallah hospital. In 1995,he joined KPMG – Ryadah office as a Senior Partner and thenhe joined El Othim Commercial Group in 2000 as the group’s

p yPresident, in the Saudi Finance Banking Corporation inGeneva , and in Chase Manhattan Bank., preceded by hisemployment at the Bank of Oman in the posts of AssistantChief Manger and Deputy General Manager- InvestmentBanking respectively.

j p g pGeneral Manager.

During his career Mr. Al_kassim has acquired a wideexperience in different aspects such as: finance, investment,managerial and financial consultancy in addition to promotionof commercial opportunities.

33

Management & Staffg

Name : Salwa Hassan Mansour Name : Usama Mohamed Abd Alaziz

P iti E ti MPosition : Vice President Deputy Managing Director

Qualifications : Bachelor of Commerce 1968

Banking Diploma 1972

Position: Executive Manager

Qualifications: Bachelor of Commerce, Major: Accounting, Faculty ofCommerce, A Ain Shams University, Egypt.

High Studies in Economics, Ain Shams University, Egypt.

Pre-MBA, University of Dallas, U.S.A.Experience : Mrs. Mansour has over 35 years experience in banking sector

where she held several executive management positions insome international and local banks. She worked with BanqueMisr, CitiBank, Misr America International Bank, andExport Development Bank of Egypt (EDBE). In EDBE sheheld the position of General Manager and Member of theBoard of Directors. Ms. Mansour is a highly qualified experti fi i l t t j t fi d

Experience: Mr.. Usama is currently the Executive Manager of FinCorpFinancial Consulting Qatar. His experience covers overtwenty years when he started as Financial Consultant withArthur Andersen Co. the a Credit Officer with Riyadh Bank,K.S.A..He later joined Deloitte & Touch Co. as SeniorManager for more than ten years where he gainedin financial management, treasury, project finance and

Investment.

g y gdistinguished experience in the field of financial advisoryservices including, feasibility studies, project financing, IPO,financial restructuring and valuation in the various banking,touristic, industrial construction and real estate sectors.

34

Management & StaffgName : Khaled M. El Jaouni

Position : Manager, Corporate Finance

Name : Rania Abdallah Said

Position : Principal Manager

Qualifications : Bachelor of Arts, Major Economics, AmericanUniversity in Cairo, 1993; Higher Diploma in Investment Management, American Universityin Cairo, 1997. Currently enrolled in MBA Programme,Sheffield Hallam University.

Qualifications : Masters in Economics, American University in Cairo, Jan. 1991.Bachelor Degree in Economics & Political Science, Cairo University, 1986

Experience : Senior Consultant at Makary Consulting (March 1999- August 2005) y

Experience : Mr.. Jaouni joined FinCorp in February 2001 in the CorporateFinance department. Previously Mr. Jaouni was employedin KPMG Hazem Hassan Management Consultants in theCorporate Finance department and was involved in a widerange of consulting assignments covering corporate

)Senior Financial and Economic Analyst (Free Lance), Assistant Dr.Samir Makary, Consultant & Professor of Economics at AUC(March 1995-To Feb. 1999)Assistant and fellow at the American University in Cairo (AUC) forgraduate courses in econometrics and mathematical economics(January 1989-January 91) range of consulting assignments covering corporate

valuation, debt and equity finance, financial restructuringand financial feasibility studies. Mr.. Jaouni has over sevenyears experience in the above fields and his area of expertiseextends to different service and industrial sectors, such asfinancial institutions, tourism and hotels, real estate and

i i d i

(January 1989-January 91)Financial and Economic Analyst at the Arab InternationalConsultant (ARICON), (July 1987- August 89)Assistant to Dr. Nader Fergany at the National Population Council(NPC) (July 1986-June 87)Mrs. Said has been involved in the consultation business with

various industries.special reference to market and financial analysis and economicpolicy issues since 1986. During the whole period she handledmore than 150 studies for almost all sectors and sub sectors inEgypt including tourism, textile, processed food, engineering,chemical, pharmaceutical, construction, housing, and agriculture.Mrs. Said has joined FinCorp since Dec. 2005.

35

For any inquiry please contact us:y q y p

DohaDammamRiyadhCairo

Mailing Address:71, Musadak St.,Fifth FloorDokki, GizaE t

Mailing Address:Office No. 408Omam BuilidngSalah Aldeen Alaeoby St.,(Alseten) Al Malaz District

Mailing Address:P. O. Box 47324DohaQatar

Mailing Address:P. O. Box 1927Dammam 31441Saudi Arabia

Egypt

Telephones and FacsimileTel.: 00 202 3749 57 57 (10 lines)Fax.: 00 202 3335 89 78

E-Mail

(Alseten) Al-Malaz DistrictSaudi ArabiaTelephones and FacsimileTel.: 00 966 1 291 – 1000Fax.: 00 966 1 291 – 1110

E-Mail

Telephones and FacsimileTel.: 00 974 431 31 20Fax: 00 974 431 31 80

E-Mail

Telephones and FacsimileTel.: 00 966 3 809 77 99Fax.: 00 966 3 809 11 78

E-Mail

36

[email protected] [email protected] [email protected]@amwal.com.sa

Date post:	18-Dec-2014
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Fincorp - Investment Bank - Egypt

Economy & Finance