Upload
others
View
5
Download
0
Embed Size (px)
Citation preview
SterlingGlobalInvestmentsPte.LtdYOURPARTNERINBUSINESSSUCCESS
FUNDINGOPTIONSPRESENTATIONFORSME’sJULY2016
3…CorporateProfile5…ClientsBenefit7…FinancingDetails8…GlobalRecogniQon9…AboutSterling12…FundingByLisQng15…WhyListontheNSX?19…NaQonalStockExchange(Australia)25…NSXAdvantages31…BermudaStockExchange
33…MezzanineMarket34…BSXLisQngRequirements 35…FrankfurtStockExchange38…FSEandXetra39…FSEAdvantages43…EquityCreditLine44…BenefitsofGoingPublic48…LisQngFlowchart-DualLisQng49…WhyListatFSE50…LisQngofSPACs
TableofContents
24/07/16 SMEFundingOpQonsPresentaQon 2
CorporateProfileSterlingGlobalInvestmentsPte.Ltd.(“Sterling”)ishelpingbusinessandSME`sgroworganicallyorthroughacquisiQonswithourstrategicfunding.WeachievethisbyassisQngourvaluedinternaQonalcorporateclientswiththeirfinancingneeds,Debt/Equitystructure,financialmanagementandbolstertheirvaluebyprovidingthemwithworkingcapital,growthcapitalandqualifyingthecompaniestopaydowntheirexisQngdebt.
SterlinghasawidenetworkofassociatesaroundtheworldandwealsoassistinqualifyingcompaniestoaccessGovernmentGrantsfortheirResearchandDevelopmentprojectsglobally.
Ourintentisverysimple:TohelpourclientsdeveloptheirglobalgrowthstrategyaligningwiththeirbusinesspotenQal.
24/07/16 SMEFundingOpQonsPresentaQon 3
CorporateProfile
LISTINGHUBFORGROWTHORIENTEDCOMPANIES
SterlinghelpscompanieslisttheirsharesontheGerman,Australian,French,Luxembourg,BermudaandUSAStock
ExchangesthroughitswidenetworkofpartnerswithexperQseintheirparQcularfields.Wehavestrongnetworkingforfunding
ourclientsrequirement.
24/07/16 SMEFundingOpQonsPresentaQon 4
ClientsBenefitOurcorporateclientscanconcentrateongrowingtheirbusinesseswhilstwecompletethelisQngprocess.BothSterlingandourclientshavefoundthismethodextremelysuccessful.WecanalsofacilitateintroducQonstovariousfirmsthatcanhandleallthepublicrelaQonandinvestorrelaQonworkthatyourcompanymayneed.SterlinghasopQonsavailabletoSME`swithregardtoequityfundingthroughlisQng-thiscanassistSME`swiththeirworkingcapitalfunding,expansionfundingandgrowthfunding.ClientscanbenefitorleveragefromourexperQsetoturntheirfinancialissuesintheirfavorforbusinessgrowth.
24/07/16 SMEFundingOpQonsPresentaQon 5
ClientsBenefitSubjecttoduediligence,Sterlingcanofferrangeoffundingtoitsvalued/growthorientedcompanyorclientsinthefollowingareas.
• AssisQngSME`swithalisQngonvariousStockExchanges;
• Arrangingforcollateraltobackbondissuesthusprovidingcomforttobondholdersandshareholders;AvailabilityofGovernmentgrantsforR&DProjects.Nointerestpayments
• Loanagainstsharesmaybeavailabletocompaniesandindividualsholdinglistedshares;
• Advisingshareholdersholdingbulksharesoflistedcompaniesonthevariousexitstrategiesavailabletothem;
• Arrangingupto$50millionequitylinetolistedorpre-listedcompaniesforanyrequirement;
• DiscussingconverQbledebenturestructuresforlistedcompaniesneedingfundsforworkingcapitalandexpansion;and
• Arrangingdebtfinancingforcompaniesandindividualsholdinglistedshares.
24/07/16 SMEFundingOpQonsPresentaQon 6
FinancingDetailsSterlingisabletohelpcompanieswiththeirfinancingrequirementsregardlessoftheirindustrysectororgeographiclocaQon.AlternaQvely,equityfundingthroughlisQnggivescompaniestheeaseofdoingbusinessbyeliminaQnginterest,eliminaQngtheneedtoreturnacquiredmoneyandfinallyeliminaQngallpersonalguarantees.Ourfundingrequirementisbasedonindustrygrowth.ProjectfundingcanalsobeachievedthroughlisQngsinmanycases.OncethecompanyislistedthereareanumberofalternaQvesavailabletofinancequalifyingprojectsthroughbondissues,debtfinancingorequityfunding.24/07/16 SMEFundingOpQonsPresentaQon 7
GlobalRecogniQon
SterlingGlobalInvestmentsPte.Ltd.isarecognizedbusinessstrategistthatcanassistitsinternaQonalcorporateclientswithEquityFundingthroughlisQng,ProjectFunding,WorkingCapitalFunding,ExpansionFundingandGrowthCapital.Wewanttogrowthebusinessofourvaluedclientsthroughvaluedfinancing.24/07/16 SMEFundingOpQonsPresentaQon 8
AboutSterling
SterlingGlobalInvestmentsPte.Ltd.helpscompanieslistattheGerman,Australian,French,Luxembourg,BermudaLondon&USAStockExchangesthroughitswidenetworkpartnerswithexperQseintheirparQcularfields.
Asyourlis*ngpartnerweofferaonestoplis*ngservice.
24/07/16 SMEFundingOpQonsPresentaQon 9
AboutSterlingWebelievethatyouasouresteemedclient,shouldconcentrateongrowingyourbusinesswhilewecompletethelisQngprocessonyourbehalf.Wehavefoundthisprocessextremelysuccessful.OurexpertassociateswillhandleallthepublicrelaQonandinvestorrelaQonworkastheyhaveaccesstoinsQtuQonalfinancing.PresentlywearelisQngcompaniesfromallovertheworld.OurlegalassociateswillprepareyourcompanyprospectusbothinEnglishandGermanandtheywillalsohandletheBaFin,FSA,BSXapprovalprocess.OurCharteredAccountantassociateshandleallbusinessplansandverificaQonofaccounts.
24/07/16 SMEFundingOpQonsPresentaQon 10
AboutSterling
Throughourvarioussources,SterlingGlobal
InvestmentsPte.Ltd.provideEquityLinefrom$1millionto$250millionoveraperiodoftwoyearsorLoanAgainstSharesupto65%LTVand
aninterestrateupto4%.
24/07/16 SMEFundingOpQonsPresentaQon 11
FundingByLisQng
Tohelpboosttheeconomy,onemuststarttostrengthenthefoundaQon.Beingtheeconomybackbone,smallandmedium-sizedenterprises(SME)anywhereintheworldshouldbeourfocus.Ideally,SMEswillhaveeasyaccesstoalltypesoffundingandfullgovernmentassistant,butunfortunately,thecurrenteconomicsystemisnotuptopar,especiallythoseintheemergingmarketsanddevelopingcountries.24/07/16 SMEFundingOpQonsPresentaQon 12
FundingByLisQng
AsaninternaQonalinvestorrelaQonscompany,SterlingGlobalInvestmentsPte.Ltd.hasbeenhelpingSMEstoraisecapitalinAsia,Africa,EuropeandAmericasregions.WeraisecapitalgloballythroughIPOlisQngsatvariousStockExchanges.Thisway,SMEsgettoraisemoneyforbusinessandinvestorsgettoputtheirmoneytoagooduseandgetreturnfromtheirinvestment.24/07/16 SMEFundingOpQonsPresentaQon 13
FundingByLisQng
SterlingGlobalCapitalPte.Ltd.alsohelpsSMEstoraisemoneyforindividualprojectswithnoindustrypreference.Withitswidenetworkpartners,SterlingGlobalCapitalPte.Ltd.isnotanindustry-specificcompanyandisabletohelpcompaniesfromallovertheworldandfromvarioustypesofindustriestoraisemoneyforbusiness.24/07/16 SMEFundingOpQonsPresentaQon 14
WhyListontheNSX?NSXisanSME(Small&MediumEnterprise)focusedlis*ngstockexchange.NSXoffersauniquesetofrules,processes,pricesandanetworkclearlysuitedtoSMEandgrowthcompanies.NSXadvantagesinclude:SimpleRules-NSX’sRulesarenotonlysimplebutarealsoprinciple-based,whichdrama*callyreducestheworkrequiredtobecomeandstaylisted.EquityRulesonothermarketscanbethree*mesaslongasNSX’s.Shorterandsimplerrulesandprocessesmeanlowercosts,lesscomplexityandmoremanagement*mespentactuallyrunningyourbusiness.
24/07/16 SMEFundingOpQonsPresentaQon 15
WhyListontheNSX?Appropriatelis0ngcriteria-NSXlis*ngcriteriaisdesignedtosuittheSMEcustomer,suchasa50shareholderminimum,$500,000minimummarketcapandnominimumlis*ngprice.Lowcosts-NSX’sfeestructureandlis*ngprocessisdesignedtooffercompaniesrealvalueformoney.OurfeesarethelowestinAustraliaandoursimplelis*ngrulesandmul*plelis*ngop*onscouldsavecompanieshundredsofthousandsofdollarsormoreofftheircostoflis*ng.Ourlis*ngfeesareupto80%cheaperandourannualfeesaverage50%lessthantheASX.
24/07/16 SMEFundingOpQonsPresentaQon 16
WhyListontheNSX?Mul0plelis0ngop0ons-NSXcurrentlyofferscompaniesthechoiceoffivemainlis*ngroutes,socompaniescanchoosethemostappropriatesolu*ontoensurethefastest,simplestandlowestcostlis*ng.Extensiveadvisercommunity-NSX'sNominatedAdviserscoverabroadrangeofindustriesandspecial*esgeographicallyspreadthroughoutAustralia.Advisersplaythekeyrolesuppor*ngcompaniesthroughoutthelis*ngprocessandthereaRer.Customerfocused-NSXstaffpridethemselvesonbeingprofessionalandapproachableexpertswhoarekeentohelpyoueverystepoftheway.Wehavebuiltupanextensivenetworkoffirmseagertohelpyouwitheveryaspectofyourlis*ng.24/07/16 SMEFundingOpQonsPresentaQon 17
WhyListontheNSX?
24/07/16 SMEFundingOpQonsPresentaQon 18
NaQonalStockExchange(Australia)
TheNaWonalStockExchange(Australia)(NSX)theNSXwasre-establishedinFebruary2000and
hassincegrowntobecomeAustralia’ssecondlargestlisQng
stockexchange.NSXofferscompaniesawideandflexiblerangeoflisQngopQonscovering
allmarketsectors.
24/07/16 SMEFundingOpQonsPresentaQon 19
AnNSXlisQngisspecificallyamracQvetocompanieslookingfor:• Capitalforgrowthandworkingcapital• InvestorexitandsuccessionplanningsoluQons• MigraQonfromanexisQnglisQng• Cross-bordercross-QmezonelisQngsSince2000,NSXhashelpedhundredsofcompanieslistthathaveraisedcapitalinexcessof$2.5billionforgrowthandinnovaQon.
24/07/16 SMEFundingOpQonsPresentaQon 20
NaQonalStockExchange(Australia)
NSXoffersasimple,flexible,costeffecQveandcustomerfocusedopQonformanycompanies
seekingalisQng.NSXalsolistsdebtandinvestmentschemesecuriQestoinvestors.
24/07/16 SMEFundingOpQonsPresentaQon 21
NaQonalStockExchange(Australia)
ApublicstockexchangeofferslisQngcompaniesandsecurityissuersmanybenefitsincluding:• Accesstocapital-raisefinanceonadmissionorviafurthercapitalraisings
fororganicgrowth,acquisiQonorcombinaQonofthetwo.Italsoallowsacompanytoaccessandraisecapitalinthefuture.Formajorexpansions,beingalistedpubliccompanyimprovesaccesstocapitalasmanyinvestorchannelsaresimplyunavailabletocompaniesnottradingonanexchange.
• Widerinvestorbase-increasethenumberandrangeofretailandinsQtuQonalinvestors
• Secondarytrading-encouragesinvestment,providesamarketvaluaQonandallowsexisQnginvestorstoeasilyexitandnewinvestorstoaccessyourcompany
24/07/16 SMEFundingOpQonsPresentaQon 22
NaQonalStockExchange(Australia)
• ImprovedvaluaQon-providesstature,pricetransparencyandanindependentvaluaQonofyourcompany
• AcquisiQoncurrency-theissuanceofsharesprovidesanalternaQvemethodofacquiringassets
• ShareincenQves-makesshare-basedincenQveschemesformanagementandemployeesmoreamracQvetoretainandamractkeypersonnel
• Higherpublicprofile-receivegreatermediacoverage,analystsreportsandgeneralpublicprofileandreputaQon
• Improvedcustomerandsupplierstatus-demonstratesfinancialstabilitytocustomersandsuppliers
• Exitstrategy-providesanopportunityforfoundersandinvestorstorealizesomeoralltheirinvestment
24/07/16 SMEFundingOpQonsPresentaQon 23
NaQonalStockExchange(Australia)
BecominglistedonapublicmarketisalogicalstepintheevoluQonofmanybusinesses,butshouldbetakenonlyaoerproperconsideraQonoftheadvantagesand
disadvantagesoflisQng.MostsuccessfulprivatecompaniesseeapubliclisQngasthenaturalcoursetoconQnuedgrowthandsuccess.NSXspecializesinhelpingcompaniesreachthisnextstageintheir
development.
24/07/16 SMEFundingOpQonsPresentaQon 24
NaQonalStockExchange(Australia)
NSXAdvantages
• Lowcosts• PRESSmarkeQngsuite• Simplerules• AppropriatelisQngcriteria
• FastlisQngprocessing• MulQplelisQngopQons• FlexibletradingopQons
• Stateofthearttradingsystems
• Extensiveadvisercommunity
• MulQplemarketlisQngs• Customerfocused• Investorconfidenceandcorporategovernance
24/07/16 SMEFundingOpQonsPresentaQon 25
NSXAdvantages
LOWCOSTSNSX’sfeestructureisdesignedtooffercompaniesrealvalueformoney.OurfeesarethelowestinAustraliaandwillsavecompaniesmoneyateverystageofthelisQngprocessandwhileremaininglistedwithus.LisQngfeesareupto80%cheaperandourannualfeesupto60%lessthantheASX.WithsimplelisQngRulesandannualcompliance.
24/07/16 SMEFundingOpQonsPresentaQon 26
NSXAdvantages
STATEOFTHEARTTRADINGSYSTEMSNSX’stradingmarketisrunonNASDAQOMX’sstateoftheartX-streamsystem,whichisusedbymanyofthelargestmarketsaroundtheworld.TradingoccursonastrictQme/priceprioritybasisandsemlementoccurssecurelyviaDeliveryversusPayment(DvP)inCHESSonat+3basis.24/07/16 SMEFundingOpQonsPresentaQon 27
NSXAdvantagesMULTIPLEMARKETLISTINGS
Didyouknowthatit’spossibletolistontheNSXandbequotedontheOTCQXInternaQonalmarketforlessthanjustlisQngonanotherAustralianexchange?AllexchangesarehappytowelcomeyourcompanyasasecondarylisQngontheirmarket,butnonewillhelpyougetyourcompanyquotedontoforeignmarkets.NSXwillbecauseweunderstandthebenefittoyouofhavingyourcompanyquotedinmulQplemarketsthatcovermulQpleQmezonesanddifferentinvestors.BeinglistedinmulQplemarketsgivesyourcompanyaccesstodifferentinvestors,moretradingQme(AustraliaplusNorthAmericaforexample)andeasierinvestoraccesstoyourstockbyallowingtradingintheirlocalmarket(familiarityandsamecurrency)intheirusualQmezone.NSXwillworkwithyourchosenoverseasmarketandhasNomadsthatareexperiencedinoverseasquotaQons.Wewanttohelpanycompanythatwantstoexpandtheirfootprintglobally.24/07/16 SMEFundingOpQonsPresentaQon 28
NSXAdvantages
CUSTOMERFOCUSEDNSXstaffpridethemselvesonbeingprofessionalandapproachableexpertswhoarekeentohelpyoueverystepoftheway.IfyourcompanymeetsourlisQngcriteria,weaim,tohaveyoucompleteyourlisQngprocedureasquickly,smoothlyandcosteffecQvelyaspossible.Onceyouarelisted,weaimtomanageyourlisQngpresenceinaprofessionalandcosteffecQvemanner.WehelpcompaniesthroughoutthelisQngprocesswitheverythingfromadviceandintroducQonsthroughtoproblemsolvinganduniquetailoredsoluQons.Wearealsotheonlyexchangetoofferthe“PRESS”markeQngprogramthathelpsspreadyourIPOmessagetoinvestorsthroughoutAustraliaandtheworldandgenerateconQnuedinterestpostyourlaunch.
24/07/16 SMEFundingOpQonsPresentaQon 29
NSXAdvantages
INVESTORCONFIDENCE&CORPORATEGOVERNANCE
NSXmarketsareregulatedbytheAustralianSecuriQesandInvestmentCommission(ASIC)andourlistedcompaniesarerequiredtoadheretoconQnuousdisclosureobligaQons.Wealsoprovidecompanieswithaframeworkforcomplianceandcorporategovernance.
24/07/16 SMEFundingOpQonsPresentaQon 30
BermudaStockExchangeBermudaStockExchange(BSX)realizesthisproblemandcreatesMezzanineMarketthatcaterstoSMEsandsophisQcated“QualifiedInvestors”.
BSXdefinesaQualifiedInvestoras,“aninvestorwhohastruthfullycompletedaninvestorsuitabilitydeclara*onintheformprescribedbytheExchangefrom*meto*meorinsuchotherformastheExchangemayapproveandeither;(1)whoseinvestmentisnotlessthan$100,000;or(2)whootherwisemeets
oneofthesuitabilitytestssetoutinthedeclara*on”(Source:BSX)
24/07/16 SMEFundingOpQonsPresentaQon 31
BermudaStockExchangeThesetypesofinvestorinvestaggressivelyandaremoreresilienttorisks.MezzaninemarketwasdesignedtomatchqualifiedinvestorswithSMEsthatwanttogeneratemarketexposureandraisesustainablecapital.Tolistonthisplauorm,acompanydoesnothavetohaveaminimumtrackrecord,marketcapitalizaQon,freefloatorprofitability,andthuscreatesaperfectmarketforbothSMEsandinvestors.Oncelisted,thecompanygainsexposureandpresQgeofbeingapubliccompanywithouthavingtoconductanIPO.Inshort,theMezzanineMarketprovidesabackingforlistedprivateequity.
24/07/16 SMEFundingOpQonsPresentaQon 32
MezzanineMarketMezzanineMarketisdesignedtoprepareprivatecompanybeforetheyproperlydothefullretailIPO.Thisisthebestwaytogopublicbecausebybeingonthismarket,companiescanlearnallthenecessarypreparaQonforIPOhands-on.CompanieslistedonMezzanineMarketaresubjecttolisQngregulaQonssobytheQmetheyfulfillalltheminimumrequirementsforIPO,theywillalreadyknowalltheins-and-outsofthemarket.ThismarketalsogivesthechancetoSMEstogrowtheirmarketandbusinessbybeinglistedcompanies.Theygettobuildapublicprofileinamoreconducivemarketenvironmentthatencouragesgrowth.
24/07/16 SMEFundingOpQonsPresentaQon 33
BSXLisQngRequirementsAllcompanieswhowanttobelistedonBSXmustbesponsoredbyoneoftheBSX’sTradingMembers.ThesponsorwillguidethewaythroughtheprocessandsubmittheapplicaQononbehalfofthecompany.Thecostsinvolvedintheprocessare:• BSXlisQngfees• Sponsorshipfees• Fullprospectus
24/07/16 SMEFundingOpQonsPresentaQon 34
FrankfurtStockExchangeFrankfurtStockExchangeisthethirdlargesttrade-placeforstocksintheworldandthesecondlargestintermsofmarketcapitalizaQonwithover85%ofthemarketasinternaQonalcompanies.Therearecurrentlyabout6823companiesquotedontheFrankfurtStockExchangeandtheexchangeenjoysanannualturnoverofroughly5.2trillioneuros.
24/07/16 SMEFundingOpQonsPresentaQon 35
MostoftheFSE’stradingtakesplaceviaafullyelectronictradingsystemknownasXetra.Thiselectronicsystemmakesitpossiblefor15differentcountriestotradeonasingleplauorm.Becausethisallowsforcountriestotradeontheexchangewithoutactuallybeinginthecountryforfloortrading,some47%ofthosecompaniestradingontheFSEarelocatedinothercountries.
FrankfurtStockExchangeThosecompanieswishingtoentertheFrankfurtstockmarketcanchoosefromthreedifferentcategories:Prime,GeneralandEntryStandard.EntryStandardisofcourse,theeasiestwaysincePrimeandGeneralareregulatedbytheEUrules.
MajorlistedcompaniesinFrankfurtStockExchangeare:Adidas,Allianz,BMW,GPCBiotech,SAPAG,DaimlerChrysler,
IKBDeutscheIndustriBank,CandC.HannoverRe.etc.
Majorinvestorsare:SiemensAG,DeutscheTelekom,NordLB,MunichRe,Opel,E.ON,Epcos,BankgesellschaoBerlin,Helaba,Henkeletc.
24/07/16 SMEFundingOpQonsPresentaQon 36
FrankfurtStockExchange• AlisQngontheFrankfurtStockexchangeprovidesalarge
varietyofadvantages,includingaccesstointernaQonalhighqualityinvestors,acompeQQveregulatoryframework,highvisibility,costefficiencyandhighliquidity.
• FrankfurtStockExchangeisrunbyDeutscheBörse.TradingatFrankfurtStockExchangetakesplaceintwoways,tradiQonallywithbrokersonthetradingfloor,andelectronicallybyXetra®tradingplauorm.
24/07/16 SMEFundingOpQonsPresentaQon 37
FSEandXetraXetra®isthenewestandmostversaQletradingplauormintheworld.ItconstantlyscansthemarkettomatchbuyersandsellersatafasterpacethantheNewYorkStockExchange’splauorm.ItalsoallowsfasteralertdetecQonssuchasirregularbuyingandsellingpamernscaughtinthemarket.Morethan90%oftradingisnowdonethroughXetra®withafiohofthemplacedbyprivateinvestors.TradingwithXetra®ensuresfairpricing,lowcosts(nobrokeragefee),highspeedwithfastestexecuQonQmes,broadselecQonwithover6,000securiQes,andflexibilityonorderexecuQon.Today260marketparQcipantsin19countriesareconnectedtothesystem.AtpeakQmesXetraprocessesupto1.4milliontradesperday.
24/07/16 SMEFundingOpQonsPresentaQon 38
FSEAdvantagesFoundedabout400yearsago,theFrankfurtStockExchange(FSE)hostspubliccompaniesfromover70differentcountries,includingtheU.S.A.Over60%ofdailytradingvolumeoriginatesfrominvestorsoutsideGermany.FrankfurtStockExchange’sturnoverrateishigherthantheLondonStockExchangeandintermsofvolume,itisthethirdbiggeststockexchangeintheworld,rightbehindtheNewYorkStockExchangeandtheNASDAQ.FrankfurtStockExchangeismorelenienttowardslisQngsofforeigncompanies,andthusmakesitmoreamracQvetointernaQonalbusinessesincludingU.S.basedbusinesses.
24/07/16 SMEFundingOpQonsPresentaQon 39
FSEAdvantagesFrankfurtStockExchangeisthemostcost-efficientstockexchange;theyusethecheapestsystemforstocktradingwhilesQllofferingsafeandsecuredtradingexperience.TheiniQalcoststogetlistedarelow.On-goingcostsarealsomuchlowerthanlisQnginLondon,NewYork,andJapan.InaddiQontothelowcosts,lisQngprocessattheFrankfurtStockExchangeisveryfastwithuptosixweeksapproval.Forforeigncompanies,anotherbenefitofbeinglistedonFrankfurtStockExchangeisanexposuretotheEuropeanmarketwhetherintermsofraisingcapitalorexpandingconsumertarget.
24/07/16 SMEFundingOpQonsPresentaQon 40
FSEAdvantages
AlisQngontheFrankfurtStockExchangeallowsEuropeaninvestorstobuysharesofforeigncompaniesinlocalcurrency.
EuropeaninvestorswanQngtobuylistedsharesintheNewYorkStockExchangeorNASDAQoranyotherexchangemustpayhighbrokeragefeesandtheyareexposedtocurrencyexchangerisk,andthusreducetheamountofcapitalflowingfromEurope.
24/07/16 SMEFundingOpQonsPresentaQon 41
FSEAdvantages
• AccesstointernaQonalhighqualityinvestors• AcompeQQveregulatoryframework• Highvisibility• Costefficiency• Highliquidity
24/07/16 SMEFundingOpQonsPresentaQon 42
EquityCreditLine• ACreditFacilityisaflexiblefinancingstructureinwhichGPGcommitstopurchasingsharesofcommonstock
directlyfromacompany,atprevailingmarketprices,overamulQ-yearperiod
• TheCreditFacilityprovidestheissuerwiththeright(butnotanobligaQon)to“drawdown”onapre-determinedamountofcapitalcommimedbyGPG
• WhenaCompanyelectstodrawdownontheCreditFacility,GPGisobligatedtopurchaseanamountofsharesequaltothedollaramountrequested,pricedatadiscountwithadefinedfloorprice
• TheCompanycanconQnuetorequestdrawdowns,attheirdiscreQon,inaccordancewiththetermsofthefinancingagreement
• TheCompanymaintainscontrolbyseyngthefloorpriceanddecidingontheamountandQmingofeachdrawdownbysimplynoQfyingGPGoftheirrequesttodrawdownontheCreditFacility
• Thecompanyhasquickaccesstocapitalandcantakeadvantageofsuddensurgesintheirstockpriceandvolumetoinfusecapital,ortostrategicallyimplementcapitaloverQmethusprovidinggreaterfinancialstability
• Therearenominimumdrawrequirements,terminaQonfees,orrestricQonsonotherfinancingmakingaCreditFacilityanextremelyflexiblefinancingalternaWve
• Commimedcapitalfromaprincipalinvestorthatisobligatedtopurchaseshares
• TheCreditFacilitycanalsoeliminatethearduousprocessofroadshows,aswellasnegoQaQonswithbankersandinvestors,becausethecompanyisabletodirectlyraisecapitalthroughGPG
24/07/16 SMEFundingOpQonsPresentaQon 43
BenefitsofGoingPublic
Whywouldasmallormedium-sizedbusinessownerwanttotakeherorhisprivatelyheld
companypublicanddealwithalltherigmaroleassociatedwithpublicstatus?
ThatisagoodquesQon!
Tofollowareafewofthemajorbenefits…
24/07/16 SMEFundingOpQonsPresentaQon 44
BenefitsofGoingPublic
• GoingpublicgivesyourcompanymorecredibilityandpresQgewithcustomers,clients,employees,thepressandthefinancialcommunity.
• Beingapubliccompanyprovidesthecompanyfounderswithalong-termexitstrategy.
• Beingapubliccompanyoffersmoreliquidityforthefoundersandminorityshareholdersandinvestors.
• Publiccompaniescaneasilyfinancegrowththroughequitycapitalratherthandebtcapitalbecause:– ThecompanystockcanbeusedascurrencyformergersandacquisiQons;
24/07/16 SMEFundingOpQonsPresentaQon 45
BenefitsofGoingPublic– EquityisavailableforanunlimitedperiodofQmeandcanbeused
withoutrestricQons;and– Beingpublicincreasesyourcompany’sawarenessandvisibilityvis-à-
visinvestors.• Beingpublicmakesitmucheasiertoraisecapitalandreducesthe
needforexpensive,andooencontrolling,venturecapitalfinancing.• Publiccompaniesareooenvaluedmuchhigherthantheirprivate
counterparts.• BeingpublicgivesmoreopQonsforraisingcapital;youcanraise
capitalthroughbothpublicandprivateofferingssoyouhavethebenefitofaccesstomoresourcesofcapital.
24/07/16 SMEFundingOpQonsPresentaQon 46
BenefitsofGoingPublicSterlingGlobalInvestmentsPte.Ltd.isinthebusinessofhelpingSME’sgroworganicallyorthroughacquisiQons.WeachievethisbyassisQngourinternaQonalcorporateclientswiththeirfinancingneedsandcanevenhelpqualifyingcompaniespaydowntheirexisQngdebt.SterlingGlobalInvestmentsPte.Ltd.hasawidenetworkofassociatesaroundtheworldandwealsoassistqualifyingcompaniestoaccessGovernmentgrantsfortheirResearchandDevelopmentprojects.SterlingGlobalInvestmentsPte.Ltd.helpscompaniesthatareinterestedinlisQngtheirsharesontheFrankfurt,Australian,Bermuda,French,London,Luxembourg&USAStockExchangesthroughitswidenetworkofpartnerswithexperQseintheirparQcularfields.
24/07/16 SMEFundingOpQonsPresentaQon 47
LisQngFlowchart-DualLisQngDuallisWngforMumbaiListedcompaniesontheFrankfurtStockExchangeQuotaWonBoard
IfyourcompanyisalreadylistedonaneligiblestockexchangelikeMumbaiStockExchange,aduallisQngontheFrankfurtStockExchangequotaQonboardwillallowyourcompanytogainexposureintoGermanyandEurope.ThisisespeciallyusefulforcompaniesthatarecurrentlylistedoutsideofEurope.InordertoduallistontheFrankfurtStockExchangeQuotaQonBoard,companiesmustalreadytradeonanexchangeapprovedbytheFrankfurtStockExchangeasa"like"exchange.SuchcompaniesareeligibletoconductaFrankfurtStockExchangeduallisQngwithoutgoingthroughthenormalprimarylisQngproceduresandwithoutfilingaprospectus.TheabilitytoduallistontheFrankfurtStockExchangeviatheQuotaQonBoardisthereforemuchfaster(onlyafewweeks)andmuchmoreaffordablethananormalfirstlisQng.
24/07/16 SMEFundingOpQonsPresentaQon 48
TofindoutmoreabouttheprocessoflisQngyourcompanyvisitourwebsitetodownloadourLisQngFlowchartpresentaQon.
WhyListatFSE• Founded400yearsago• FSEhostspubliccompaniesfromover70differentcountries
includingtheUSA• Over60%ofdailytradingvolumeoriginatesfrominvestors
outsideGermany• FSEturnoverrateishigherthanLondonStockExchange• TheFSEisthethirdlargeststockexchangeintheworld*
behindtheNewYorkStockExchangeandtheNASDAQ• FSEismorelenienttowardsforeigncompanies• LisQngontheFSEprovidesalargevarietyofadvantages
24/07/16 SMEFundingOpQonsPresentaQon 49
*Intermsofvolume
LisQngofSPACs
SpecialPurposeAcquisiWonCorporaWons(SPACs)areallowedlisQnginallsegmentsofDeutscheBörseandinvestorsfromacrosstheglobecandobusinesswiththem,justlikeother
shares,throughXetra®.
24/07/16 SMEFundingOpQonsPresentaQon 50
LisQngofSPACsThefollowingpointsofausualconfiguraQonofaSPACneedtobeidenQfiedattheQmeofapplyingforadmission:• Capitalstructureandcapitalspending• PaymentofIPO-revenuesintoaninterest-bearingtrustaccount• DetaileddescripQonofanintendedpurposeintheprospect• TimelimitaQonoftheSPACwithobligaQonofrepaymentoftrust
assetsincaseofliquidaQon• Investorfriendlygovernance• ShareholdermeeQngtakesadecisiononspendingoftrustassets
forcompanytakeovers• Majorityprerequisite>50percentfordecisionaboutspending
24/07/16 SMEFundingOpQonsPresentaQon 51
LisQngofSPACs• Proofofavailabilityoftheprerequisitesmustbeprovidedbythe
applicants;thedetailedreferencetotherespecQvedeclaraQonsintheprospectisadmissibleasevidence.
IndirectlisWngviaSPAC
• AsubsQtutetotheconvenQonalIPOprocedureispresentedby
alreadylistedSPAC.TheprimegoalofSPACistocaptureandfinallyamalgamatewithanexisQngworkingenterpriseoritssubsidiarywithinaspecificQmeframe,throughearningsofanIPO.
• Reputedcompanieswithgoodexpansionprobability,seekingsafeandeconomicalsubsQtutestoconvenQonalwaysofbecomingpublicenterprise,ooenbenefitfromthiscapitalmarketsegment.
24/07/16 SMEFundingOpQonsPresentaQon 52
Singapore
Email:[email protected]:www.sterlingglobalinv.com
24/07/16 SMEFundingOpQonsPresentaQon 53
TofindoutmoreabouttheprocessoflisQngyourcompanyvisitourwebsitetodownloadourLisQngFlowchartpresentaQon.