Objective
The Investment objective of the Company is to generate both current income and long-term capital appreciation on the capital invested.
Investment Strategy
The strategy is to invest and acquire 49.95% of a leading Middle Eastern Public Health & Safety services group.
Description
| Fund Status | Open for subscription |
| Fund Size | Up to $31 Million |
| Number of Shares | Up to 31,000 |
| Subscription Price per Share | $1,000 |
| Minimum Initial Subscription | $250,000 |
| Increment Subscription | $50,000 |
| Investment Manager | Lucid Investment Bank,SAL |
| Auditor | Price Waterhouse Coopers |
| Regulator | Capital Markets Authority – Lebanon & Cayman Island Monetary Authority |
| Custody & Administration | Midclear |
Further information would be disclosed upon the signature of an NDA
Financial Indicators
- Group aggregate revenues of $23mm in 2016 (CAGR 2013-2016 19%). Aggregate EBITDA $5.3 million. Aggregate net income of $4.2 million.
- 2016-2022 group projected CAGR of revenues of 22%.
- The company expected to have its first dividend distribution in 2019 (of 2018 profits) with a cash return from dividends of more than 6%.
Objective
The Investment objective of the Company is to generate both current income and long-term capital appreciation on the capital invested.
Description
| Fund Status | Open for subscription |
| Fund Size | Up to $31 Million |
| Number of Shares | Up to 31,000 |
| Subscription Price per Share | $1,000 |
| Minimum Initial Subscription | $250,000 |
| Increment Subscription | $50,000 |
| Investment Manager | Lucid Investment Bank,SAL |
| Auditor | Price Waterhouse Coopers |
| Regulator | Capital Markets Authority – Lebanon & Cayman Island Monetary Authority |
Further information would be disclosed upon the signature of an NDA
Investment Strategy
The strategy is to invest and acquire 49.95% of a leading Middle Eastern Public Health & Safety services group.
Financial Indicators
- Group aggregate revenues of $23mm in 2016 (CAGR 2013-2016 19%). Aggregate EBITDA $5.3 million. Aggregate net income of $4.2 million.
- 2016-2022 group rojected CAGR of revenues of 22%.
- The company expected to have its first dividend distribution in 2019 (of 2018 profits) with a cash return from dividends of more than 6%.
Disclaimer
This report has been prepared by Lucid Investment Bank sal Lebanon for information purpose only. It should be considered as an offer to sell, or a solicitation of an offer to buy. All reasonable care has been taken to ensure that the information contained herein is not untrue or misleading, but no representation is made as to its accuracy or completeness, no reliance should be placed on it and no liability is accepted for any loss arising from reliance on it. From time to time, Lucid Investment Bank may have any interest in any transaction, securities or commodities referred to this report. Also Lucid Investment Bank sal may perform services for, or solicit business from any company referred to in its report. Past performance is not necessarily a guide to future performance, the price of units may go down as well as up and cannot be guaranteed. Investors should read the prospectus before investing.