Establishing companies

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.

Establishing Companies and PEP Experience List

PROJECT NAME COUNTRY SECTOR SERVICES PERFORMED COMPLETION DATE
Establishment of an investment company Kuwait Financial Services Feasibility, financial & legal structuring soft marketing and capital placement 2008
Feasibility study of a facilities management company Kuwait Contracting Feasibility, and cost-benefit analysis for establishing a new company 2008
Feasibility study of a real estate development Qatar Real Estate Feasibility study of a real estate development and management concept for the purpose of a placement 2008
Preliminary study for setting up an Investment bank India Financial Services Preliminary study of setting up an investment bank in Kuwait 2007
Establishing a facilities management company Kuwait Real Estate Preliminary valuation of a real estate services company 2007
Feasibility study for establishing an investment and leasing company Kuwait Financial Services Feasibility study for establishing an investment and leasing company 2007
Establishment of an oil & gas company for sale, maintenance & repair of oil production equipment KSA Oil & Gas Valuation, legal & financial structuring & placement 2007
Valuation and placement of a warehousing company Kuwait Logistics Valuation, soft marketing and private placement 2007
Valuation and placement of a foodstuff trading company Kuwait Trading Valuation and placement 2006
Valuation of a landmark mixed-use development Kuwait Real Estate Valuation and development of a private placement memorandum preparation for a landmark mixed-use development in Salmiya 2006
Establishment of a medical center in Syria Syria Health Care Financial structuring and placement of a holding company with the objective of establishing an international standard hospital in Syria 2006
Valuation and placement of a petroleum services company Kuwait Oil & Gas Valuation of oil service company and target companies, legal & financial structuring and placement 2006
Establishment of a production company Kuwait Entertainment Feasibility study for establishing a production company and soft placement 2006
Establishment of an investment company Kuwait Financial Services Feasibility study for establishing an investment company in Kuwait, financial and legal structuring, soft marketing and capital placement 2006
Feasibility study for a tyres recycling plant Jordan Industrial Feasibility study for establishing a tire recycling plant in Jordan, plus soft placement presentation 2006
Establishment of a bank in Syria Syria Financial Services Feasibility study, licensing, legal and financial structuring and placement 2005
Establishment of an investment company Kuwait Financial Services Feasibility study of establishing an investment company, strategic business planning, and private placement 2005
Establishment of a marine transport company Kuwait Transport Feasibility, legal structuring, soft marketing and capital placement 2005
Establishment of an international college in Kuwait Kuwait Education Market research, feasibility, legal structuring, soft marketing and capital placement 2005
Valuation and placement of a contracting company Kuwait Contracting Valuation and capital decrease, strategic plan, capital raising, private placement 2005
Valuation and placement of a trading & contracting company Kuwait Contracting Valuation of a contracting company for pre-IPO selling of stake 2005
Feasibility study of a transportation company Kuwait Logistics Feasibility study, licensing, legal & financial structuring of a transport company 2005
Establishment of a hospital Kuwait Health Care Establishment of a hospital including feasibility study, soft marketing, and placement 2004
Establishment of a real estate company Kuwait Real Estate Valuation, feasibility study of capital increase, legal and financial restructuring and preparation of placement documents 2004
Establishment of an insurance company Kuwait Insurance Insurance market survey, feasibility study for establishing an insurance company, legal structuring, soft marketing and capital placement 2003
Establishment of a real estate company Kuwait Real Estate Feasibility, financial & legal structuring soft marketing and capital placement 2003
Establishment of a private sector hospital in Syria Syria Health Care Review and update of feasibility study 2002
Study for the establishment of an investment company in Syria Syria Financial Services Preparation of a soft placement presentation for the establishment of a Kuwaiti-Syrian investment company, including market assessment and opportunities short-listing 2010

Examples

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.