Pak-Kuwait Investment Company

pvt ltd . March 17,1979.

VISION
Be the financial house of excellence
facilitating the expansion and
modernization of industries in Pakistan.
 Mission
• Play a key role in the development of industrial
and economic infrastructure of Pakistan
• Develop a team of quality professionals with a
wide spectrum of expertise
• Maintain high standards of Corporate
Governance
• Provide value and optimize returns for all our
stakeholders
• Pursue our corporate values
 Corporate values
• Maintain highest standards of integrity and
professionalism in all business transactions.
• Provide innovative business solutions
• Attract, motivate and retain highly skilled
professionals
• Strive for continuous quality improvement
• Continue to be a social responsible corporate
citizen
 Introduction
• A joint venture between Govt of Pakistan and
Kuwait.
• Agreement of the joint venture is signed by
sectary finance on behalf of Pakistan and
Deputy MD of (KFTCIC) Kuwait foreign Trading,
contracting and investment company.
• Head office at Karachi.
 Capital
• Company’s initial capital was Rs: 250 million
equally contributed by both the parties.
• Pakistan contributed in Pakistan rupees while
Kuwait in US $.
• KFTCIC will take the return in US $ and
Pakistan in pakistani rupees as contributed.
 Capital
• Dec 31,2016 (PKR in millions)
• Paid up capital 6000
• Reserves 16822
• Total assets 28941
• Profit before tax 4128
 Tax Exemption
• The company enjoyed tax exemption for first
15 years from all kind of federal taxes.
• The company was free to move capital inside
and outside Pakistan.
• It also enjoyed exemption and priviliges under
the foreign private investments(promotion
and protection) act, 1976.
 Management
Board of Directors
• Mr. Abdullah Abdulwahab Al-Ramadhan
• Chairman
• On the Board of PKIC since May 12 2012
Nominated by Kuwait Investment Authority on
behalf of Government of Kuwait
He is a seasoned professional and has
experience in the field of banking, finance and
investment
 Board of Directors
• Mr. Mansur Khan
• Managing Director
• On the Board of PKIC since February 17, 2014
Nominated by Ministry of Finance on behalf of
Government of Pakistan
He has over 25 years of diversified experience,
and a proven track record in Development /
Commercial / Investment Banking…
 BODs
• Mr. Mohamed Al-Mutawa
• Director
• On the Board of PKIC since August 17 2009
Nominated by Kuwait Investment Authority on
behalf of Government of Kuwait
He is serving as senior investment analyst in
equity sectors department at Kuwait
Investment Authority (KIA)…
• Mr. Naveed Alauddin
• Director
• On the Board of PKIC since February 17, 2012
Nominated by Ministry of Finance on behalf of
Government of Pakistan
He is serving as Additional Secretary, Ministry
of Finance – Government of Pakistan…
• Mr. Faisal Adnan Al-Hunaif
• Director
• On the Board of PKIC since July 03, 2015
Nominated by Kuwait Investment Authority on
behalf of Government of Kuwait
He has the enriched experience in the field of
Private Equity Investment…
• Mr. Rana Assad Amin
• Director
• On the Board of PKIC since August 24, 2017
Nominated by Ministry of Finance on behalf of
Government of Pakistan
He has served as Special Secretary Ministry of
Finance, Adviser to the Minister of Finance,
Auditor-General of Pakistan…
•
 Activities
Investment Banking
• PKIC’s Investment Banking (IB) offers financial
advisory and capital-raising services to corporate,
government and high net worth individuals. IB
leverages its experience and expertise to help
clients achieve their financial objectives IB
originates, structure and execute public and
private placement of a variety of securities:
equities, debt and related products. IB endeavors
to work diligently towards providing value added
service to its clients.
 CORPORATE FINANCE

• Corporate Finance Department’s (CFD) aim is

to fulfill the financing needs of corporate
customers while ensuring their satisfaction
through reliable and trusted service. Amongst
other DFIs, PKIC’s CFD is recognized as a
business partner to a diverse customer base
keeping in view its primary objective of
assisting in infrastructure development and
economic growth of Pakistan.
 CORPORATE FINANCE

• CFD Relationship Management team

comprises of qualified and experienced
personnel focusing on expanding the portfolio
of satisfied customers and developing long
term and fruitful relationships with
corporates. Our financing product range
includes both funded and non-funded
products with capabilities to tailor the
products according to customer needs.
 TREASURY

• PKIC Treasury undertakes the following

activities to provide stimulus in the Interbank
Market.
• A. Investment in Fixed Income Securities
1. Pakistan Investment Bonds (PIBs)
2. Treasury Bills
3. Term Finance Certificates (TFCs)
•
• A fixed-income security is a debt instrument
issued by a government, corporation or other
entity to finance and expand their
operations. Fixed-income securities provide
investors a return in the form of fixed periodic
payments and eventual return of principal at
maturity.
 Treasury bills
• Short-term (usually less than one year, typically three
months) maturity promissory note issued by a national
(federal) government as a primary instrument for
regulating money supply and raising funds via open
market operations. Issued through the country's
central bank, T-bills commonly pay no explicit interest
but are sold at a discount. T-bills are very popular with
institutional investors because, being backed by the
government's full faith and credit, they come closest to
a risk free investment.
Issued first time in 1877 in the UK and in 1929 in the
US.
• term finance certificate (TFC)
• A debt instrument issued by
a corporation to raise funds. TFCs
typically offer higher rates of return than bank
deposits and government bonds.
Unlike bonds, TFCs
offer investors the option to redeem a portion
of the principal during the term of
the instrument.
 CAPITAL MARKET

•
PKIC Capital Markets manages equity portfolio of the
company and ensures effective channeling of its resources
towards productive investments. It brings about an optimal
utilization of all regulatory and internal policy guidelines to
evaluate, analyze and recommend opportunities for
following activities to improve the bottom line of the
company:
• Available for Sale
• Held for Trading portfolios
• Futures
• Participation in IPOs (initial public offering) in liaison with
Investment Banking
• What is an 'Available-For-Sale Security'
• An available-for-sale security is a debt or
equity security purchased with the intent of
selling before it reaches maturity, or selling
prior to a lengthy time period .
• Held-for-trading securities are purchased
and held primarily for sale in the short term.
The purpose is to make a profit from the
quick trade rather than the long-term
investment. ... It is inclusive of securities, both
debt and equity, the company plans on
holding for a long period of time but could
also be sold.
• What are 'Futures'
• Futures are financial contracts obligating the buyer to
purchase an asset or the seller to sell an asset, such as
a physical commodity or a financial instrument, at a
predetermined future date and price. Futures contracts
detail the quality and quantity of the underlying asset;
they are standardized to facilitate trading on a futures
exchange. Some futures contracts may call for physical
delivery of the asset, while others are settled in cash.
•
 Initial Public Offering (IPO

• An initial public offering (IPO) is the first time

that the stock of a private company is offered
to the public.IPOs are often issued by smaller,
younger companies seeking capital to expand,
but they can also be done by large privately
owned companies looking to become publicly
traded.
 In service training programs
• Seminars
• Training through professionals
• Employees can also improve their qualification
by attending evening classes leading to the
professional degrees
 Functions and objectives
• To assist industrial units in pakistan
• Inland transportation, tourism and agro based
industries by identifying profitable investment
opportunities
• Preparing proposal , feasibility studies and
their evaluation
• Assisting in setting up new industrial units and
in expansion and modernization of existing
industries
 Functions
• To provide finance in the form of short and
medium term loans and equity participation
• To underwrite issues or conversion of shares
and securities
• To guarantee loans and obligations
• To provide managerial, technical and
administrative guidance and help in securing
such services
 Extent of financial assistance
• Minimum participation is not less than 5
million
• Maximum not more than 20% of company
capital and reserves.
• Foreign exchange risk transfer to borrower
• Repayment of the loan is determined by
assessing the capacity of the project
 Priorities
• Export oriented projects based on local raw
material
• High value added projects
• Expansion of well managed enterprises oriented
towards export substitution
• New import substitution projects
• Project enjoying high growth market
• Projects whose outputs are required by the gulf
Area.