TIDMLEAL
RNS Number : 9925W
Lead All Investments Limited
08 February 2012
LEAD ALL INVESTMENTS LIMITED
("LEAL" or the "Company")
FIRST DAY OF TRADING
PLACING by ZAI CORPORATE FINANCE OF GBP 3 MILLION AND ADMISSION
TO AIM
8 February 2012
The Directors of LEAL are pleased to announce that the ordinary
shares of the Company (the "Ordinary Shares") have today commenced
trading on AIM. The Ordinary Shares will trade under the ticker
LEAL and the Company's ISIN is KYG540891002.
LEAL is a new company incorporated under the laws of the Cayman
Islands. The Company has been established for the purpose of
identifying and acquiring or investing in, and disposing of
investments in businesses focusing on the use of multiple
distribution strategies for the distribution of their goods and
services. The Directors will focus on businesses using e-commerce,
online shopping, direct selling and other related IT methods, to
achieve growth and create shareholder value. The Directors believe
there is good potential for growth amongst Multi-level Marketing
("MLM") companies worldwide, and especially in the Asia Pacific
region. The Company will primarily target companies operating in
markets and sectors that the Directors believe have strong growth
potential and in companies that have the potential to become
multinational businesses.
On Admission, the Company will have no trading business, giving
the Directors a platform from which to carry out detailed
examinations of potential acquisition or investment targets. The
Directors current intention is to make up to five investments
within the first 18 months from Admission. The actual number and
the size of each investment are likely to vary dependent upon the
nature of each opportunity. The Directors may use the Company's
quoted equity as a currency to increase the size of its investment
in target companies.
The Investment Case
The Directors believe that market conditions over recent years
have proven difficult for certain businesses operating in the MLM
Sector and that an opportunity now exists for acquiring and/or
investing in such businesses so that their growth potential can be
realised for the benefit of Shareholders.
The Directors believe that recent volatility in the worldwide
general economic markets and the MLM sector has created a number of
investment and acquisition opportunities. A number of MLM
businesses may be short of capital yet have potentially highly
valuable assets and operations. In addition, an increasing
proportion of venture capital firms are shifting their focus to
later-stage companies and follow-on investments in existing
portfolio companies which is therefore exacerbating the lack of
capital available for early stage MLM companies. The Directors
believe they can take advantage of such opportunities and invest in
companies with attractive valuation multiples. In the future, the
Directors believe they can create value by sourcing further funds
and experienced personnel thereby positioning the Company to take
further advantage of demand in the MLM Sector.
The Investment Policy
The Company's objective is to generate an attractive rate of
return for Shareholders, predominantly through capital
appreciation, by taking advantage of opportunities to invest in
businesses focusing on the use of MLM strategies.
The Company aims to provide equity and equity-related investment
capital, such as convertible loans, to companies which are seeking
capital for growth and development, consolidation or acquisition,
or as a pre-IPO round of financing.
In addition, the Company may also invest in companies which have
securities listed on a stock exchange or over-the-counter market.
These investments may be made in combination with additional debt
or equity-related financing and, in appropriate circumstances, in
collaboration with other financial and/or strategic investors.
The Company intends to focus on the Asia Pacific region. It will
however consider any geographical area, to the extent that the
investment fits within the Investing Policy.
The Company will not be subject to any borrowing or leveraging
limits.
The Company has placed 30,000,000 shares at GBP0.10 to raise
GBP30 million of new capital. On Admission, the Company will have
30,000,002 Ordinary Shares in issue and a market capitalization of
approximately GBP3 million at the Placing Price.
ZAI Corporate Finance has been appointed as Nominated Adviser
and Broker to the Company.
A copy of the admission document and relevant information
provided under AIM Rule 26 is available from the Company's website
at http://leadallinv.com/
For further information contact:
LEAD ALL INVESTMENTS LIMITED
Mr. Ahmad Nasri Bin Abdul Rahim amadnasri@leadallinv.com
http://leadallinv.com/
ZAI Corporate Finance Ltd
NOMAD and Broker
Ray Zimmerman/John Treacy /Wei Wang +44(0)20 7060 2220
Board of Directors
Ahmad Nasri Bin Abdul Rahim, Executive Director, aged 44
Ahmad Nasri is the principal Executive Director of the Company.
He is responsible for the execution of the Company's business plan
and managing the Company on a day to day basis.
Mr. Nasri has significant experience in the MLM industry as well
as many of its component industries. He has written original
programming codes for various MLM applications and built and
developed MLM marketing plans for MLM companies.
Nasri has significant experience with web-based businesses and
web-based marketing programmes.
He currently serves on the Board of several Malaysian companies
including Guan Fang International Marketing (M) Sdn. Bhd. a company
which has developed and is currently deploying traditional and
web-based MLM marketing strategies. Mr. Nasri also maintains a
consulting practice - Amad Associates - which designs, develops and
programs websites and online business strategies for various
companies.
Nasri's experience and skills include:
i. obtaining regulatory approval for products to be sold using MLM methods from the MDTCC;
ii. obtaining approvals for products to be sold by various
clients from the Ministry of Health of Malaysia;
iii. the licensing and renewal of MLMlicences, and the handling of follow-on issues with MDTCC;
iv. obtaining licences and product approvals from relevant
authorities in other Asian markets such as in Japan and
Thailand;
v. liaising with top distributors in the country and overseas on
commissions/bonuses, commission calculations, products, and
promotion issues;
vi. the preparation of company reports for the MDTCC;
vii. managing and overseeing computer, information technology
and online business systems for companies;
viii. responsibility for the licensing and approvals of relevant
authorities locally and overseas;
ix. overseeing the development of GFI2U's MLM business from 0
distributors in July 2009 to 45,516 distributors in October
2011;
x. overseeing GFI2U's MLM market growth into Thailand,
Indonesia, and Japan, with considerable success in Japan; and
xi. the general management of GFI2U's MLM operations.
Prior to his involvement with the MLM market, and the evolution
of web-based marketing generally, Nasri held a series of positions
as an advertising and marketing executive in more traditional
marketing and print advertising companies.
He is also an experienced computer programmer, with
proficiencies in most major computer programming languages. His
hands-on experience in internet marketing also extends to the
development and integration of on-line payment solutions.
Richard Berry, Independent Non-Executive Director, aged 76
Richard Berry is a Chartered Engineer with a wide management
experience in manufacturing and marketing. For 16 years, Mr. Berry
was a Main Board director of Kleeneze Holdings PLC and CEO of its
principal subsidiary Kleeneze Ltd - the UK's oldest and now second
largest direct selling business, which he converted to become the
first in the UK to beorganised on MLM principles. He is an
acknowledged expert on direct selling and author of the first
European management text book on multilevel marketing.
During his time with Kleeneze, Richard Berry formed direct
selling subsidiaries in France and Malaysia and was chairman of
Kleeneze Rotork- a joint venture business with Rotork PLC, that
successfully pioneered, through direct selling, the consumer market
for James Dyson's bag-less vacuum cleaner. He also created College
Laboratories - a house wares business that became a UK market
leader for draught excluders and which was later sold, at a
substantial profit, to Duraflex, whose parent company is RTZ and
the owner of its main European competitor.
Mr. Berry is a former Chairman and Director of the UK Direct
Selling Association and former Chairman of the Federation of Direct
Selling Associations in Brussels. He has also very recently served
on the Operating Group of World Federation of DSAs in Washington.
Richard Berry is a Fellow of the UK's Chartered Institute of
Marketing.
Brian Rowbotham, Independent Non-Executive Director, aged 60
After graduating from London University, Brian Rowbotham
qualified as a chartered accountant with Touche Ross. His early
career in the City included roles at Save & Prosper and F&C
Management where he became a director. In 1997 he joined Teather
& Greenwood Plc where, as partner and then finance director, he
oversaw the development of the business, its flotation on AIM, and
its subsequent move to the Official List. He left in 2001 to
establish a consultancy specialising in turnarounds and start ups
where he became an adviser to, and later finance director of,
Hichens, Harrison & Co Plc which was floated on AIM in May
2005. After a period of successful growth the company was acquired
by Religare Enterprises, an Indian financial services company in
May 2008. Brian is a non-executive director of Prospects Services
Ltd (a training, education and careers guidance provider). He is
also Director and Chief Operating Officer of Sloane Corporate
Finance, a London based advisory business and Founder Director of
Latin Bio Plc,
a food production and green energy start up business based on
soya beans. He is a Fellow of the Institute of Chartered
Accountants in England and Wales.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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