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Private Placements Discuss Nigerian Private placements here. Unlike a public offering, a private placement is a direct private offering of stocks to a limited number of sophisticated investors.

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Old 3rd June 2008, 12:03 PM
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Default FSDH Securities Limited PP

RE: INVESTMENT OPPORTUNITY IN THE PRIVATE PLACEMENT OF FSDH
SECURITIES LTD.



Dear Valued Client,

A rare opportunity is opening up for selective and discerning investors to deplore their funds in the capital raising exercise of FSDH Securities Limited (FSDH SEC) in the next few weeks.

As you might be aware, FSDH SEC (Formerly Counters Trust Securities Limited (“CTSL”), is a dealing member of The Nigerian Stock Exchange and is registered with the Securities & Exchange Commission as a Broker/Dealer, Issuing House, Portfolio Manager and Investment Adviser.

Over the past 13 years, FSDH SEC has become a leading stockbroking company, leveraging on the latest technology in delivering services to our various clients worldwide, who are able to carry out various online transactions from the comfort of their various locations.

Recently, the Securities & Exchange Commission reviewed upward the capital requirements of all capital market operators. FSDH Securities intends to maintain its current status as both an Issuing House and a stock broking firm. We are looking forward to raising an additional N2.5billion from a select group of investors through this exercise.

Ordinarily, First Securities Discount House Ltd. (“FSDH”) would have increased its stake in FSDH SEC by injecting the additional capital, but it is constrained by CBN regulations which limits its investments in any single subsidiary to 10% of its shareholders’ funds.

Consequently, FSDH Securities is seeking to raise additional capital from investors who share a common vision with the Company. At the end of the exercise, shareholders’ funds would stand at about N3.5billion.

Due to time constraints, the offer period will be quite short and we therefore encourage potential investors to make their interest known within the next two weeks to enable us urgently conclude our list. For further information, the following underlisted staff members can be contacted.

Best Regards.



Gamaliel ‘Ese Onosode
Managing Director/CEO

Mr. Ese Onosode Mr. Ikechukwu Duru
FSDH Securities Ltd. FSDH Securities Ltd.
UAC House (8th Floor) UAC House (8th Floor)
1/5 Odunlami Street 1/5 Odunlami Street
Lagos. Lagos.
eonosode@fsdhgroup.com aakinwunmi@fsdhgroup.com



Ayo Akinwunmi Mrs. Oghogho Osula
FSDH Securities Ltd. First Securities Discount House Ltd.
UAC House (8th Floor) UAC House (7th Floor)
1/5 Odunlami Street 1/5 Odunlami Street
Lagos. Lagos.
iduru@fsdhgroup.com oosula@fsdhgroup.com

Tel: 2640160-9
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Old 3rd June 2008, 12:27 PM
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I love working with figures, please can we see some forecast. Are they rasing funds because they want to seen as a well capitalised firm or do they have great plans.
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Old 3rd June 2008, 01:11 PM
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Quote:
Originally Posted by XXCASH View Post
I love working with figures, please can we see some forecast. Are they rasing funds because they want to seen as a well capitalised firm or do they have great plans.
Bros calm down now... it starts wt teasers then u dig and they now release the thing to u and make u feel like they'r doin u a favor by lettin u have it...same thing for all this firms.

@Apache
Tanx bro... we'd expect further details on this.
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Old 3rd June 2008, 02:55 PM
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was told the final document is not ready, dont know i true this is, but i'll be keeping a close watch on this one.

Nice One Apache and all the other guys in da house

The market has gone crazy
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Old 3rd June 2008, 06:45 PM
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Originally Posted by DaInvestor View Post
was told the final document is not ready, dont know i true this is, but i'll be keeping a close watch on this one.

Nice One Apache and all the other guys in da house

The market has gone crazy
i was also told the documents are not ready.
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Private Placements Discuss Nigerian Private placements here. Unlike a public offering, a private placement is a direct private offering of stocks to a limited number of sophisticated investors.


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