AlShall’s vast knowledge and experience with various sectors in Kuwait enable it to engage in establishing companies in a multitude of business sectors. Its profound understanding of corporate laws and procedures guides its clients through the maze of bureaucratic requirements, providing them with the timely and reliable results they desire.
Moreover, based on its extensive contacts in Kuwait and the region, AlShall helps its clients access capital from institutions and individuals through Private Placements. One of AlShall’s unique value added services is its attention to maximizing success factors, as it strives to bring about a solid nucleus of executive management alongside creating a harmonious and complementary shareholder mix that could bring benefits from strategic partnerships.
Project Example – Feasibility Study, Strategic Planning, Establishing Companies and Private Equity Placement.
Assignment
Establishing an Islamic Bank – Cham Bank, Damascus, Syria.
Client Name
Promoters of Cham Bank.
Client’s Activities
Islamic commercial, investment and retail operations.
Project Size
USD 105,000,000 (KD 30,000,000).
Assignment Date & Duration
2005, 20 months.
Main Area of Focus
AlShall worked with promoters to envision the concept and take it from idea to reality by introducing the Islamic banking concept to the regulatory authorities in Syria, undertaking the feasibility, preparing the entry strategy, identifying risks, securing the required licenses, setting the legal and financial structure of the new entity, and placing the entire required equity capital through a private placement.
Services Provided
AlShall conducted a comprehensive feasibility study including all sub-components such as market research, industry trends, supply and demand quantification, competitors, customers, legal framework, identification and quantification of revenue streams, operating expenses, capital expenditures, capital structure, required rates of return and associated risks. As part of the feasibility, AlShall developed the bank’s entry strategy to the Syrian market in terms of size of capital to be deployed, customer segments to be targeted, value proposition and operating model. Finally, AlShall raised the required equity capital through a private placement. Two third of the new bank’s capital was allocated to strategic investors and non-strategic investors while the remaining third was allocated to Syrian small investors via an oversubscribed public placement.
Outcome
The capital issue was successfully closed and the bank became operational.
Project Example – Feasibility Study, Strategic Planning, Establishing Companies and Private Equity Placement
Assignment
Establishing a private sector oil and gas company – AlDorra Petroleum Services K.S.C.C.
Client Name
Promoters of AlDorra Petroleum Services Company.
Client’s Activities
Kuwait-based investment holding with operating subsidiaries within the oil services industry across the MENA region.
Project Size
USD 42,000,000 (KD 12,000,000).
Assignment Date & Duration
2006, 13 months.
Main Area of Focus
AlShall worked with promoters to envision the corporate concept and take the concept from idea to reality. Primary tasks included setting the strategy, identifying risks, conducting a feasibility study, acquiring the licenses, preparing the legal and financial structure, and placing 100% of the required equity capital.
Services Provided
AlShall conducted a comprehensive feasibility study including all sub-components such as market research, industry trends, supply and demand quantification, competitors, customers, legal framework, identification and quantification of revenue streams, operating expenses, capital expenditures, capital structure, required rates of return and associated risks. Finally, AlShall raised the required equity capital through a private placement with both strategic and non strategic investors. At a second stage, AlShall successfully negotiated and acquired, on behalf of promoters and the company, four oil services companies that formed the nucleus of the new company.
Outcome
The capital was successfully raised and the company established.
Project Example – Establishing Companies and Private Equity Placement.
Assignment
Establishing, developing corporate strategy, licensing from regulatory authorities, and equity placement of three private sector real estate investment companies.
Client Name
Promoters of the three real estate investment companies.
Client’s Activities
Investment in real estate in Kuwait and MENA region.
Project Size
Collectively exceed USD 250,000,000 (KD 70,000,000).
Assignment Date & Duration
2009, average 6 months per entity.
Main Area of Focus
AlShall worked with the promoters of each entity to devise corporate concepts, setting the strategy and taking the concept for each company from idea to reality. Primary tasks for each company included setting strategy, conducting a feasibility study, acquiring the licenses, setting the legal & financial structure, soft marketing and placement of the full capital.
Services Provided
AlShall worked with the promoters of each entity to develop the company concept and conducted comprehensive feasibility studies including all sub-components such as market research, industry trends, demand quantification, competitors, customers, legal framework; identification and quantification of revenue streams, operating expenses, capital expenditures, capital structure, required rates of return and risks. AlShall built financial models for each entity to incorporate all these elements in pro-forma income statements, balance sheets and cash flows, supported by appropriate scenarios and sensitivity analysis. Furthermore, AlShall acted as the companies’ investment banker by placing all the required capital of each company with strategic and non-strategic investors.
Outcome
The capital for each entity was successfully raised; the companies were established and became operational.