Objective
The company objective is to maintain leadership in most of its business activities and to maintain continuous investments to improve its partnerships with feasibility and transparency.
Investment Strategy
The strategy is:
- to purchase on closing date the initial assets together with the related ancillary rights from the originator as specified and detailed in the bordereau of assets and to purchase additional assets together with the related ancillary rights from or through the originator or any subsequent closing date.
- To issue securitization certificates representing notes. Each note, being a co-ownership in the Fund.
- To pay the originator the price of the purchased initial assets as set in the bordereau of assets.
Description
| Fund Size | Up to $10,000,000 |
| Number of Shares | Up to 10,000 |
| Subscription Price per Share | $10,000 |
| Minimum Initial Subscription | $100,000 |
| Increment Subscription | $50,000 |
| Investment Manager | Lucid Investment Bank,SAL |
| Auditor | Price Waterhouse Coopers |
| Regulator | Capital Market Authority & Caymen Island Monetry Authority |
| Custody & Administration | APEX |
Company Profile
Tamer Freres SAL is a prominent Lebanese Company engaged in the promotion and distribution of:
- Healthcare equipment such as medical and dental product to hospitals, clinics, laboratories, dentists etc.
- Luxury products such as watches for consumers
- Chemical and raw material
- Tobacco products
- Security printing solutions
- Banking and IT solutions
- Airport equipment
The company was incepted in 1945 and has been expanding its operation ever since to reach the regional markets.
Objective
The company objective is to maintain leadership in most of its business activities and to maintain continuous investments to improve its partnerships with feasibility and transparency.
Description
| Fund Size | Up to $10,000,000 |
| Number of Shares | Up to 10,000 |
| Subscription Price per Share | $10,000 |
| Minimum Initial Subscription | $100,000 |
| Increment Subscription | $50,000 |
| Investment Manager | Lucid Investment Bank,SAL |
| Auditor | Price Waterhouse Coopers |
| Regulator | Capital Market Authority & Caymen Island Monetry Authority |
| Custody & Administration | APEX |
Investment Strategy
The strategy is:
- to purchase on closing date the initial assets together with the related ancillary rights from the originator as specified and detailed in the bordereau of assets and to purchase additional assets together with the related ancillary rights from or through the originator or any subsequent closing date.
- To issue securitization certificates representing notes. Each note, being a co-ownership in the Fund.
- To pay the originator the price of the purchased initial assets as set in the bordereau of assets.
Company Profile
Tamer Freres SAL is a prominent Lebanese Company engaged in the promotion and distribution of:
- Healthcare equipment such as medical and dental product to hospitals, clinics, laboratories, dentists etc.
- Luxury products such as watches for consumers
- Chemical and raw material
- Tobacco products
- Security printing solutions
- Banking and IT solutions
- Airport equipment
The company was incepted in 1945 and has been expanding its operation ever since to reach the regional markets.
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 Corporation sal may have any interest in any transaction, securities or commodities referred to in this report. Also Lucid Corporation 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 can not be guaranteed. Investors should read the prospectus before investing.