ARAB MOLTAQA INVESTMENTS COMPANY

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ARAB MOLTAQA INVESTMENTS
COMPANY - AMIC
Investors Presentation
June 2013
AMIC Investors Presentation
2
Disclaimer
This document has been prepared by Arab Moltaqa Investments Company (AMIC) solely for the use at the
analyst/investor presentation, held in connection with AMIC. The information contained in this document has
not been independently verified and no representation or warranty, express or implied, is made as to, and no
reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or
opinions contained herein. The information set out herein is subject to updating, completion, revision,
verification and amendment and such information may change materially. AMIC is under no obligation to
update or keep current the information contained in this material or in the presentation to which it relates
and any opinions expressed in them is subject to change without notice.
This presentation includes forward-looking statements. These forward-looking statements include all matters
that are not historical facts, statements regarding AMIC’s intentions, beliefs or current expectations
concerning, among other things, AMIC’s results of operations, financial condition, liquidity, prospects, growth,
strategies, and the industry in which AMIC operates. By their nature, forward-looking statements involve risks
and uncertainties because they relate to events and depend on circumstances that may or may not occur in
the future. AMIC cautions you that forward looking statements are not guarantees of future performance and
that its actual results of operations, financial condition and liquidity and the development of the industry in
which AMIC operates may differ materially from those made in or suggested by the forward-looking
statements contained in this presentation. In addition, even if AMIC’s results of operations, financial condition
and liquidity and the development of the industry in which AMIC operates are consistent with the forwardlooking statements contained in this presentation, those results or developments may not be indicative of
results or developments in future periods. AMIC does not undertake any obligation to review or confirm
analysts expectations or estimates or to release publicly any revisions to any forward-looking statements to
reflect events that occur or circumstances that arise after the date of this presentation.
AMIC Investors Presentation
Outline
• Economy Overview
• About AMIC
 Mission and Vision
 AMIC Overview
 Financial Highlights
 Shareholders’ and Board Structure
 Corporate Governance
 Management Team
 Strategy Forward
• Portfolio Overview
3
ECONOMY OVERVIEW
AMIC Investors Presentation
5
Recent Developments
Egypt Economic Overview
Economic
Growth
Real economy grew by just 2.2% y-o-y in the second quarter of
fiscal year 2012/13 (October– December).
Inflation
Rate
Inflation rose sharply in December 2012 as the pound depreciated
more rapidly. The annual inflation rate increased by 1.45% reaching
9.75% in June 2013 compared to 8.20% in May 2013.
Exchange
Rates
The depreciation of the pound has accelerated, with the currency
losing 9% of its value between December 2012 and June 2013, to
reach EGP/USD 7.05 instead of 6.01 in the last 2 years
Country Rating
The persistent budget deficit and renewed political turmoil resulted
in further downgrading the country’s long-term rating to B- from B
according to Fitch. In addition to this Moody’s downgraded Egypt’s
Credit rating in March 2013 from B3 to Caa1. it is also worth noting
that up until June 2013 there was no further downgrading by
Moody’s.
ABOUT AMIC
AMIC Investors Presentation
7
About AMIC
Target
To establish one of the leading private equity firms in the Egyptian market through restructuring
current investments on hand and adding new investments while operating and managing such
transactions in a professional, systematic and growth oriented vision for these investments .
• Arab Moltaqa Investments Company (AMIC) is an Egyptian joint stock company, established
under Law No. 230 of 1989, by the decision of Minister of Economy and Foreign Trade No. 2 of
1990, (later amended to Law No.95 of 1992)
• AMIC was listed in the Egyptian Exchange (EGX) under the symbol AMIA.CA since 1995.
• AMIC’s Total Assets Under Management (AUM) is EGP 2.0 Billion spanning over a wide range of
industries including poultry, pharmaceutical and health care, industrial, agriculture, financial,
real estate, and commercial.
• AMIC aims to create value to its shareholders through launching and executing strategic
initiatives; integrating subsequent acquisitions; arranging for debt and/or equity financing for
current and potential investments.
• AMIC is well positioned to benefit from the unique advantage of being one of the first Sharia-
compliant private equity firms in Egypt.
AMIC Investors Presentation
8
Vision & Mission
Vision
Mission
• We want to grow our company to become
• We are private equity investors, investing
the leading private equity firm in the
Middle East & North African region.
through diversified range of economic
sectors covering the full investing cycle
from start-ups to matured companies. We
allocate our capital flexibly by selecting
investments with
significant growth
potential in compliance with Sharia
principals.
• Launching from our corner stone in Egypt
we thrive to be the investor most soughtafter from partners and shareholders
where they watch their investment grow
and prosper.
• By our involvement and sharing of our
interests and expertise with the
management, we are committed to cocreate value in our investee companies.
AMIC Investors Presentation
9
AMIC Overview
Dividends Income
Millions
Asset Under Management
Consolidated
2500
2,004
29
26
2,236
19
18
2000
13
1500
1000
500
109
121
146
156
175
2007
2008
2009
2010
2011
0
2012
2009
H1
2013
2010
2012
H1 2013
Equity Book Value
Dividends Distributed
Millions
2011
20
120%
508
508
2012
H1 2013
100%
15
80%
10
60%
40%
5
163
204
208
2010
2011
20%
-
0%
2009
2010
Dividends Paid
2011
Payout Ratio
2012
2009
AMIC Investors Presentation
10
AMIC Overview Cont’d
70.0
AMIC Share Price
120.00
100.00
80.00
60.00
40.00
20.00
0.00
Revenue Breakdown
60.0
Revolution
50.0
Trading
Porftolio
40.0
Dividend
s Income
30.0
Gain
from Sale
20.0
10.0
0.0
2009
EBITDA vs EBITDA Margin
60.0
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
50.0
40.0
30.0
20.0
10.0
0.0
2009
2010
2011
2012
H1 2013
2010
2011
2012
H1 2013
Net Profit vs. NPM
60.0
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
EBITDA
50.0
40.0
EBITDA
Margin
30.0
20.0
10.0
0.0
2009
2010
2011
2012
H1 2013
NP
NPM
AMIC Investors Presentation
11
Financial Highlights (Standalone)
Financial Snapshot - Historical Income Statement
EGP MILLION
2009
2010
2011
2012
H1 2013
Gain from sales of Associates & available for sale investments
1.1
39.8
-
0.5
0.6
Dividends Income
13.8
18.1
26.5
19.2
29.1
Profit ( Loss ) From Trading Portfolio
3.8
1.4
0.4
0.9
0.09
Total Revenues
18.7
59.3
26.8
20.7
29.8
Opex
3.2
4.7
4.3
6.6
4.6
-
-0.5
-3.2
-
1.6
0.7
2.7
-0.2
-
6.3
5.3
-
EBITDA
13.9
48.1
17.8
14.3
24.4
Depreciation
0.2
0.1
0.1
0.2
0.2
EBIT
13.7
47.9
17.7
14.2
24.1
Interst Income
0.6
0.9
2.4
2.1
1.0
F.X. Income (Loss)
0.1
0.1
0.1
0.1
0.2
-
0.1
0.7
0.1
0.3
14.3
49.0
20.9
16.5
25.6
Tax
-
-
-
-
Deferred tax
-
-
0.01
0.1
0.01
14.3
49.0
20.9
16.4
25.6
Provisions
Unrealized Loss ( Profit) From Trading Investment
Impairment - Available For Sale Investments
Other Income
Profit ( Loss ) Before Tax
Profit ( Loss ) After Tax
0.8
-
-
AMIC Investors Presentation
12
Financial Highlights (Standalone)
Financial Snapshot - Historical Balance Sheet
EGP MILLION
Fixed Assets ( net )
2009
2010
2011
2012
H1 2013
1.3
1.4
1.3
4.4
4.2
Investment
145.5
138.4
168.3
476.9
457.1
Total Non Current Assets
146.8
139.8
169.6
481.3
461.3
Cash & Cash Equivalents
9.0
58.8
34.0
24.5
28.0
Trading investments
5.9
6.1
4.9
2.5
2.6
Due From Subsidiaries & Associates
5.9
2.5
-
-
16.3
Other Debit Balances
2.2
1.4
0.4
0.1
0.4
22.9
68.7
39.2
27.1
47.3
Total assets
169.7
208.5
208.8
508.4
508.6
Paid in Capital
123.0
123.0
123.0
123.0
197.9
-
-
-
308.0
-
Reserves
12.3
13.1
15.5
16.6
250.4
Retained Earnings
20.2
18.9
13.4
12.3
11.0
Current Year Profits
14.3
49.0
20.9
16.4
25.7
Unrealized Profit(Loss) From Investment Available For Sale
-7.2
-
35.2
31.4
22.8
Total Equity
162.6
204.0
208.0
507.7
507.8
Deferred tax
-
-
0.0
0.05
0.04
Total Non Current Liabilities
-
-
0.0
0.05
0.04
Provisions
6.2
3.3
-
-
Other Credit Balances
0.9
1.2
0.7
0.7
0.7
Total current Liabilities
7.1
4.5
0.7
0.7
0.7
169.7
208.5
208.8
508.4
508.6
Total current assets
Credit Balances Under Account Of Capital Increase
Total Equity & Liabilities
-
AMIC Investors Presentation
13
Shareholders & Board Structure
Name
# of Shares
Ownership
Dallah AL Baraka Holding
9,769,200
49.4 %
Bayt el Tawfik for
Development
7,493,870
37.9 %
Free Float
2,530,800
12.8%
Total
19,793,870
100 %
Shareholder Structure
13%
Dallah Al baraka
Holding
49%
38%
Authorized Capital
EGP 600 Million
Bayt el Tawfik for
Development
Free Float
Board of Directors
o Eng. Abdulaziz Yamani
Chairman
Issued and Paid-up Capital
EGP 197 Million
o Ms. Hadeel Saleh Kamel
Vice Chairman
o Mr. Khaled Abu Heif
Managing Director
Number of Issued Shares
19.7 Million Shares
o Eng. Jamal Afifi
Board Member
o Mr. Tarek Hosni
Board Member
Book Value per share
o Mrs. Neveen El-Tahri
Independent Board
Member
EGP 10 per share
AMIC Investors Presentation
14
Corporate Governance
•
•
•
•
•
•
•
•
•
Annual shareholders’ meetings.
Regular 5-6 board of directors’ meetings per annum.
Periodical investment committee meetings.
Rigorous investment process and defined investment strategies and guidelines
(investment criteria and manual).
Proper and adequate documentations of meetings, minutes, resolutions, and
reports.
Investment limits and authorities (strict adherence).
Strict auditing and compliance (legal, accounting,
investment, and reporting) procedures
Disclosures and transparency to BOD members &
shareholders as well as to official reporting for
concerned authorities.
Committed and experienced management team.
AMIC Investors Presentation
15
Committees
Audit Committee
• The audit committee is structured to
ensure independence and integrity of
AMICs control system.
• Composed of three non-executive
directors to ensure:
• The efficiency of the internal control
•
•
•
•
system
The intactness of the financial statements
The efficiency and independence of the
company's external auditor
The internal auditors department is
performing its role with the required
efficiency
Presenting periodic reports and
recommendations to the Board of
Directors
Compensation Committee
• The compensation committee is
responsible for:
• managing the company's incentive plans and
•
•
•
•
programs and approving compensations;
determining the compensations of the board
members and the committees' members,
according to the assessment and performance
of each member separately;
reviewing and approving the compensation
levels set by the Committee for senior staff;
providing recommendations and developing
programs and plans to the Board for the
incentives' eligibility;
performing an annual report of the
Committee's performance, including the
conformity of the Committee with the
Corporate Governance covenant.
AMIC Investors Presentation
16
Management
Mr. Khaled Abou Heif – Managing
Director
• Mr. Khaled Abou Heif was appointed as the
•
•
•
•
•
Managing Director of AMIC in 2011.
Mr. Abou Heif is at present the Chairman of
AT
Brokerage
(non-executive),
Vice
Chairman (non-executive) of AT Asset
Management and AT Financial Holding and
a Board Member in Egyptian Capital Market
Association (ECMA) since 2008.
Managing
Director
of
Commercial
International Brokerage Company (CIBC).
led CIBC to rank first among brokerage
companies.
Mr. Abou Heif was formerly a board
member in C.I. Capital Holding
Formerly, Mr. Abou Heif served as a board
member of Misr for Central Clearing,
Depository and Registry (M.C.D.R.), a
position he held till 2012.
Mr. Abou Heif completed the Corporate
Governance program by Wharton University
Mr. Ahmed Ibrahim - Chief Operating Officer
• Mr. Ahmed Ibrahim is AMIC's Chief Operating Officer since 2012
•
•
•
•
and is responsible for the entire operations, administrative and
financial affairs of AMIC.
Mr. Ibrahim was engaged in the financial institutions, consultancy
and the international accounting offices for over 16 years.
Chief Financial and Administrative Officer in Obelisk Asset
Management Company for managing investment funds
Planning and Budget Director at C.I. Capital Holding, a company
of the Commercial International Bank group
Mr. Ibrahim received his Master’s degree in Business
Administration from ESLSCA Business School in 2010.
Mr. Osama Ezzo –Chief Investment Officer
• Mr. Osama Ezzo is the Chief Investment Officer of AMIC since
•
•
•
•
•
February 2013 and responsible for directing AMIC's investment
policy and managing AMIC's investment portfolio.
Mr. Ezzo was Investment Director & the Head of Fund
Management at Misr Asset Management
Senior Manager at Commercial Bank of Qatar (CBQ)
Senior Credit Officer at National Bank of Kuwait (NBK)
Mr. Ezzo worked as a Senior Credit Analyst in the Corporate
Banking Division at Commercial International Bank (CIB)
Mr. Ezzo is a CFA Charter holder since 2012 & holds a Masters in
Finance & Management from Cranfield - UK in 2009
AMIC Investors Presentation
17
Strategy Forward
Actual realization of value for AMIC’s shareholders, through:
• Achieve growth in AMIC’s investment platforms.
• Improve
current
investments
operational
performance to generate higher cash flows and
profitability.
Current
Portfolio
New Deals
• Clean-up,
restructure and disposal of nonperforming and stagnant investments to maximize
recovery value and cash proceeds for AMIC.
• Diversify
•
•
•
•
Manageme
nt
investment portfolio in strategic
industries such as food and beverage, healthcare,
Expected Returns
pharmaceutical, industrial …etc.
Invest in new companies with sustainable competitive advantage and high
growth prospects.
Create and structure new holding vehicle(s) for growth plan.
Active management to be fully aware and updated with all related parties.
Close monitoring and follow-up on investment portfolio
PORTFOLIO OVERVIEW
AMIC Investors Presentation
19
AMIC Portfolio Overview
Financial
Services
71%
12 operating
companies,
in 6 different
industries
Real Estate
5%
Industrial
5%
Other
4%
Pharmaceutical
&Health Care
15%
Water
Treatment
1%
Poultry
3%
AMIC Investors Presentation
20
Subsidiaries & Affiliates
Subsidiaries > 50%
89.99%
94%
United Company for Investments
& Real Estate Development
Others < 20%
Al Yosr Water Desalination &
Purification
39.72%
El-Rabie Poultry
38.20%
FMCG Trading & Distribution
Arab Company for Medical Appliances
Arab Engineering Industries
A.T. Lease
Affiliates > 20%
50.67%
32.13%
28.34%
Misr Arab for Broiler Production
13.00%
Minapharm Pharmaceuticals
12.81%
Minapharm ProBioGen
12.60%
Alex Converta for Paper Industries
(Handy)
7.60%
Dar Al Fouad Hospital
5.60%
AMIC Investors Presentation
21
PHARMACEUTICAL & HEALTHCARE
SECTOR
% from Total Portfolio
15%
AMIC Investors Presentation
22
Minapharm Pharmaceuticals
Overview
• Minapharm Pharmaceuticals is an Egyptian
•
•
•
•
Joint Stock company, established in accordance
with the provisions of Law No. 159 of 1981 and
its implementing regulations, and starts
working since the date of its enrollment in the
Commercial Register in 1986.
The company manufactures and produces
medicines, chemicals, medical and veterinary
supplies, cosmetics and dental supplies, along
with, distributing its products in Egypt and
abroad.
The company mainly produces drugs
specialized in the treatment of heart, liver and
abdominal diseases, including Interferon drug
for the treatment of liver epidemic diseases.
The Company's Authorized Capital: 500 Million
Egyptian Pounds.
The company is listed in the Egyptian Exchange
since 2004.
Name
Dr. Saad Al-Bardisy Family
AMIC
Bank Invest
Dr. Shabrawishy Family
Others
Total
Ownership %
39.35%
12.81%
10.00%
9.93%
27.91%
100.00%
Minapharm
Revenues
Net Profit
591.6
544.8
51.6
2011
51.5
2012
AMIC Investors Presentation
23
Minapharm Probiogen
Overview
• Minapharm Probiogen is an Egyptian Joint
Stock company, enrolled in the Commercial
Registration under the number 2247 dated
16th of November, 1999.
• The company operates a factory for producing
and manufacturing active substances used in
diseases treatment, provided that these
materials should be produced using only the
modern techniques of genetic engineering.
• The Company's Authorized Capital: 60 Million
Egyptian Pounds.
• The company's factory is in Tenth of Ramadan
city.
Name
Minapharm
AMIC
Dr. Wafik AL-Bardisy
Dr. Amr Al-Shabrawishy
Others
Total
Ownership %
59.25%
12.62%
9.93%
6.80%
11.40%
100.00%
Minapharm Probiogen
Revenues
77.5
Net Profit
68.5
40.1
2011
35.4
2012
AMIC Investors Presentation
24
Dar Al-Fouad Hospital
Overview
• Dar Al Fouad Hospital is an Egyptian Joint Stock
•
•
•
•
Company, established in accordance with the
provisions of the Investment Law and enrolled
in the commercial register under No. 198 in
1995 under the name of Dar El Fouad Hospital
in Sixth of October.
The main specialties of Dar Al Fouad Hospital
are Cardiology, Cardiothoracic surgery,
Oncology, Hematology and Organ Transplant in
addition to integrated medical services, with
the capacity of 150 beds for the comfort and
follow-up of patients.
The main goal of the hospital is to render a
world class medical service and to improve the
quality of life of patients.
The company has an eminent reputation in the
Cardiac surgeries through the cooperation
agreements and technical support with the
Cleveland Clinic in USA.
The Company's Authorized Capital: 237.6
Million Egyptian Pounds.
Name
Tawgeeh for Services & Investment
Amic
National Bank Of Egypt
Banque Misr
Others
Total
Ownership %
25.79%
5.49%
8.22%
8.59%
51.91%
100.00%
Dar El Fouad
Revenues
Net Profit
271.5
215.8
36.4
17.5
2011
6th of October, Giza
2012
Nasr City, Cairo
Kuwait City
AMIC Investors Presentation
25
Arab Company for Medical Appliances
(ACMA)
Overview
• Arab Company for Medical Appliances (ACMA)
•
•
•
•
•
is an Egyptian joint stock company, established
in accordance with the provisions of Law 43 of
1974 and enrolled in the commercial register in
1989.
The purpose of establishing the company is
working in the production of medical supplies
of diagnostic X-ray films and chemicals.
ACMA owns 85% in Akma Com Trading
Company, a distribution company for the
domestic and imported medical supplies.
ACMA’s main business partners are Fuji, Kodak
and AGFA.
ACMA sells its products mainly through tenders
for most of the public sector (the Social
insurance and the Ministry of Health, hospitals,
Armed Forces, hospitals, and other agencies).
ACMA also exports part of the production to
some Arab countries as Iraq.
The Company's Authorized Capital: 30 Million
Egyptian Pounds.
Name
Arab Co. for Medical Appliances
AMIC
Misr Insurance
Misr for Life Insurance
Total
Ownership %
42.65%
28.34%
15.57%
13.44%
100.00%
ACMA
Revenues
30.6
Net Profit
36.4
6.2
4.2
2011
2012
AMIC Investors Presentation
26
FINANCIAL SERVICES
SECTOR
% from Total Portfolio
71%
AMIC Investors Presentation
27
Al-Tawfik Lease (AT-Lease)
Overview
• A.T. Lease is an Egyptian Joint Stock Company,
•
•
•
•
•
established in accordance with the provisions
of Law No. 8 of 1997.
The General Authority for Investment has set
the starting date for the activity of the
company effective from 9th of October 2006.
The purpose of the company is working in the
field of financial leasing according to the
second article of the Financial Leasing Law No.
95 of 1995 and its implementing regulations
and amendments.
A.T. Lease shares in A.T. finance Lease for small
and medium-sized companies with 99.9% of its
paid-up capital amounting to 20 Million
Egyptian Pounds.
The Company's Authorized Capital: 400 Million
Egyptian Pounds.
A.T. Lease is one of the top companies dealing
in the leasing market in Egypt, according to
the Egyptian Financial Supervisory Authority
rankings.
Name
AMIC
Baraka Bank- Egypt
Total
Ownership %
90.00%
10.00%
100.00%
AT Lease
Revenues
Net Profit
318.6
248.8
17.1
2011
13.8
2012
AMIC Investors Presentation
28
INDUSTRIAL & RETAIL
SECTOR
% from Total Portfolio
4.8%
AMIC Investors Presentation
29
Arab Engineering Industries
Overview
• Arab Engineering Industries (AEI) is an Egyptian
Joint Stock Company established under the
Investment Law No. 230 of 1989 and under the
decision of the Minister of Economy and
Foreign Trade No. 213 of 1989 licensing the
establishment of the company.
• The purpose of AEI is manufacturing wired
condensers for household refrigerators, and
producing steel wire.
• AEI is considered the main local supplier of
refrigerator production in Egypt, besides,
exporting to a number of Arab countries as
Kingdom of Saudi Arabia and Sudan.
Name
AMIC
Sheikh. Khaled Al Khalifa
Mostafa Abd El Samaad
Others
Total
Ownership %
50.67%
14.00%
7.43%
27.90%
100.00%
A.E.I.
Revenues
Net Profit
38.5
33.9
9
7.6
2011
2012
AMIC Investors Presentation
30
F.M.C.G.
Overview
• F.M.C.G Trading & Distribution is an Egyptian
joint stock company, established in 1995.
• The purpose of establishing F.M.C.G. is for the
import and export business, commercial
agencies, marketing and selling of food
commodities and other goods and equipment's
in addition to establishing, renting and
managing warehouses, refrigerators and
slaughterhouses for manufacturing and
packaging poultry products and all food
products, in Egypt and abroad.
• F.M.C.G. has a number of distinguished
commercial agencies as Kellogg's, Digestive
Biscuits, and Ulker
• The Company's Authorized Capital: 50 Million
Egyptian Pounds.
Name
Dallah Al Baraka
AMIC
Others
Total
Ownership %
67.77%
32.14%
0.09%
100.00%
FMCG
Revenues
86.2
Net Profit
92.7
4
2011
4
2012
AMIC Investors Presentation
31
Alex Converta (Handy)
Overview
• Alex Converta is an Egyptian joint stock
company established in accordance with the
provisions of Law No. 159 of 1981..
• The purpose of establishing the company is the
manufacture of scented and unscented
sanitary paper products, raw materials and
fittings and exporting them abroad as well as
importing of raw materials and products’
supplies.
Name
Al Shaer
CIIC
CIB
AMIC
Others
Total
Ownership %
39.20%
20.10%
8.00%
7.60%
25.11%
100.00%
Handy
Revenues
28.8
Net Profit
35.5
• The Company's Authorized Capital: 50 Million
Egyptian Pound.
• The Company's factory is in Burj Al Arab
Industrial City - Alexandria.
2011 -4.1
2012 -0.7
AMIC Investors Presentation
32
REAL ESTATE SECTOR
% from Total Portfolio
5.2%
AMIC Investors Presentation
33
United Company for Investment and
Real-estate Development
Overview
• UCIRD is an Egyptian joint stock company,
established in accordance with the provisions
of Law No. 159 of 1981 and its implementing
regulations in 2008.
Name
AMIC
Dallah El Baraka
FMCG
Total
Ownership %
94.00%
5.00%
1.00%
100.00%
• The purpose of UCIRD is to carry out all forms
of real estate developments and all the
entailed and consequent activities as
purchasing, selling, and renting properties in
addition to land acquisitions, development and
establishing different sorts of constructions
(touristic
except
floating,
commercial,
administrative and residential).
UCIRD
Revenues
0
Net Profit
0
2011
2012
-0.09
• The Company's Authorized Capital: 100 Million
-0.35
Egyptian Pounds.
Number of lots
Location
Tot. Area
18
Heliopolis, Cairo
16,400 m2
1
Smart Village
2,073 m2
AMIC Investors Presentation
34
POULTRY SECTOR
% from Total Portfolio
3.0%
AMIC Investors Presentation
35
Al Rabie Poultry
Overview
• Al Rabie Poultry is an Egyptian Joint Stock
company, established in 1996
• The purpose of the company is breeding
parent chicken meat for the production of
hatching eggs and one day old chicks
Shareholder Structure
AMIC
Misr Al Arabia for Poultry
Bayt Al Tawfik for Development
Arab Company for agricultural Investments
Sheikh Saleh Kamel
Others
Total
• Al Rabie Poultry is operating a poultry feed
Al Rabie
unit
• The company also farms its owned lands that
surround the production units (Olives and
Grapes)
Ownership %
38.30%
32.00%
10.72%
6.80%
0.81%
11.37%
100.00%
Revenues
Net Profit
48.8
45.1
7.2
6.1
• The Company's Authorized Capital: 25 Million
2011
Egyptian Pounds
• The company operates over a total of 610
Acres.
• The company’s farms are located in El Faregh
Valley – Cairo Alexandria Desert Road
Parent & Hatchery Production
•12 million chick / year
Feed
• Capacity of 24,000 tons / year
Olive & Grapes farms
2012
AMIC Investors Presentation
36
Misr Arab For Broiler Production
Overview
• Misr Arab For Broiler Production is an
Egyptian Joint Stock Company established in
accordance with the provisions of the
Investment Law No. 95 of 1992.
Name
Misr AL Arabia for Poultry
AMIC
Baraka For investment and development
Sheikh. Hussien El Harthey
Others
Total
• The company’s main purpose is constructing
Badary
and operating poultry breeding farms (all
types of white meat-producing poultry)
• The Company's Authorized Capital: 26 Million
Ownership %
29.00%
15.00%
12.00%
20.00%
24.00%
100.00%
Revenues
Net Profit
46.5
43.5
Egyptian Pounds.
1.6
• The company’s farms are located in El Faregh
Valley – Cairo Alexandria Desert Road.
• The company operates over a total of 100
Acres
2011 -1
2012
Broiler
• 3.6 million chicken / year
AMIC Investors Presentation
37
WATER TREATMENT
SECTOR
% from Total Portfolio
1.3%
AMIC Investors Presentation
38
Al Yosr Water Desalination
Overview
• AL – Yosr Water Desalination & Purification is
an Egyptian joint stock company, established in
1987.
• The purpose of the company is to manage,
Name
Dallah el Baraka
AMIC
Dallah for Real estate investments
Others
Total
operate and maintain water stations for
desalination of sea water and turning it into
drinking water.
• The Company's Authorized Capital: 120 Million
Ownership %
39.50%
39.71%
11.92%
8.87%
100.00%
Al Yosr
Revenues
Net Profit
0.8
0.55
0.4
Egyptian Pounds.
0.2
2011
2012
THANK YOU
For Further Information, please visit
our website:
www.amic-eg.com
For Investor Relations Queries, please
contact:
ir@amic-eg.com
Investor Relations Manager:
Raghda El-Zahhar
relzahhar@amic-eg.com
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