MTI Consulting
Dubai’s ETA retains MTI Corporate Finance for Valuation
Wednesday, 02 November 2011 09:42 Published in News
The ETA Group, one of UAE’s leading conglomerates, has just concluded a Valuation study for one it subsidiaries, with MTI Corporate Finance (www.mticorporatefinance.com)
ETA ASCON STAR Group is a US$ 6.5 billion multinational conglomerate with expertise ranging from Civil Construction to Electro Mechanical, Elevator Engineering to Shipping & Trading, from Education to Healthcare and from Real Estate to Retail. Since its inception in 1973, it has grown in partnership with the Al Ghurair Group of Companies, who are the leading business house in the United Arab Emirates.
Kapila Liyanage- Business Lead- MTI Corporate Finance
MTI Corporate Finance, a subsidiary of MTI Consulting, provides a comprehensive range of services to help organizations: This includes: Incorporate a new business – from Due Diligence to Feasibility Studies, Find funding for a new business or capitalize an existing one – from IPOs to Private Placement facilitation, M&A Facilitation, Ensure Governance, Compliances and Risk Management, Provide advisory and out-sourced business support services in areas such as taxation, company secretarial and commercial legal
The MTI IPO Forum, organized by MTI Corporate Finance will be held on Thursday 4th November at the Taj Samudra Hotel
The forum will feature corporate leaders including Dr. Anura Ekanayake, Chairman - Ceylon Chamber of Commerce, Mr. Asgi Akabarally, Director - Akbar Brothers, Mr. Asite Talwatte, Partner - Ernest & Young, Mr. Maithri Wickremesinge, MTI Legal Consultant, Mr. Malinga Arsakularatne, CFO - Hemas Holdings, Mr. Maninda Wickremasinghe, Country Head - Fitch Ratings, Mr. Nishan Fernando, CFO - Odel, Mr. Ranil Pathirana, Finance Director - Hirdaramani, Ms. Surekha Sellahewa, CEO - Colombo Stock Exchange, Mr. Trevine Jayasekara, Group Finance Director - Brandix Lanka and Mr.Vajira Wijegunawardena, Director - SEC. MTI Corporate Finance Business Lead Kapila Liyanage, MTI Associates Deshal Pandithage and Niroza Hussain will also be featured in the Forum.
The decision to go public is a result of various organizational objectives such as expansion, maintaining financial leverage, entry into new markets, exposure to other investment opportunities, retaining the best pool of management resources. Such a decision could also crop up due to regulatory requirements. On the other hand, a large group of companies may list one of its smaller subsidiaries in an IPO to ‘test the waters’ of a public listing.
Achieving such objectives will require access to various sources of capital and also create multiple financing alternatives such as equity, convertible debt and better rates on bank loans.
Prior to the actual listing application, a company needs to look at its long term strategic direction, looking at the challenges and opportunities available, and map out the action plans to overcome these challenges and optimize on the opportunities. This will also convey a clear message to potential investors on the actual returns they will receive on their investment in the long run. The valuation of the company will also reflect the strategic initiatives undertaken by the company
‘‘Listing takes a company to the next level. Once the need to go public is identified, a company must clearly map out its strategic direction, before moving ahead with listing. The most successful public companies are those who have understood this prior to listing’’ says Deshal Pandithage – MTI Corporate Finance Associate.
MTI Corporate Finance is a recently launched subsidiary of the Global Management Consultancy MTI Consulting. MTI Corporate Finance offers a full range of Corporate Finance Solution in the major domains of Corporate Funding & IPOs, Incorporations & Acquisitions, Asset Management, and Governance & Compliances.
MTI Corporate Finance aims to assist its clients by preparing them for an IPO through Strategic Advisory & Risk Management Audits, Valuation & Prospectus Development and the actual Application & Listing Process. The Unit is backed by a team of Corporate Finance Specialists with extensive experience in IPO Facilitation and related Finance Solutions.
MTI Corporate Finance seminar ‘Strategizing for Islamic Finance’
Tuesday, 28 September 2010 08:22 Published in News
Photo Caption (L-R): MTI’s Middle-East Associate Xavier Jopart (Ex-McKinsey Associate and acclaimed Thought Leader in Islamic Finance) and MTI’s Corporate Finance Team / Panelist: Deshal Pandithage, Kapila Liyanage, Mano Tittawella, Manilka Fernando, and Pushpaka Ranasinghe
MTI’s speaker Xavier Jopart spent the first 10 years of his career with McKinsey in international consultancy across Europe and Middle East. He is an acclaimed Thought Leader in Islamic Finance, having played an active role in the World Islamic Banking Conference (at which both MTI & McKinsey were present). The MTI’s Corporate Finance Panel draws some of the best industry figures and includes Mano Tittawella, Pushpaka Ranasinghe, Manilka Fernando, Deshal Pandithage, Dinesh Fernando, Ishrat Rauff, and Kapila Liyanage.
The seminar is set to attract many key executives in the corporate and senior managements across the banking and financial industry in Sri Lanka.
MTI Corporate Finance provides solutions mainly in four domains. Firstly, Corporate Funding & IPO’s where it provides IPO Facilitation, Capital Structuring, Capital Sourcing & Venture Funding, and Working Capital Management. Secondly, Incorporation & Acquisitions where it provides Incorporation Facilitation, Due Diligence, Feasibility Report, M&A Facilitations, Valuations, and Public—Private Partnership. Thirdly, Asset Management where it provides two specialized services which is Investment Research and Fund Management. And Fourthly, Governance & Compliance where it provides Corporate Governance, Risk Management, Company Secretarial, Commercial Legal, Taxation Advisory, Internal Audit.