Rasmala Investment Bank Ltd. Rasmala Palestine Equity Fund

Rasmala Investment Bank Ltd. Rasmala PalestineEquity Fund October 2012 Contents www.rasmala.com Executive Summary 03 Vision of the Rasmala Palestine Equity Fund 04 Rasmala – The Manager 05 The Palestine Investment Fund – The Anchor Investor 07 Palestine 08 Investment Process 16 The Fund 19 Appendix 22 October2012 2 Executive Summary www.rasmala.com The Fund The Manager • TheRasmala Palestine Equity Fund is thefirst Palestinian fund establishedas aSpecial Investment Fund (“SIF”) and regulatedby the“Commission deSurveillance du Secteur Financier” (“CSSF”) in Luxembourg dedicated to investing in stocks listed onthePalestine Stock Exchange, in securities anticipated to undergoinitial public offerings as well as securities attheir initial public offering. • Rasmala: one of the leading regional asset management groups in the MENA region with a track record of outstanding performance. The Anchor Investor The Opportunity • Rasmalais collaboratingwith thePalestine Investment Fund(“PIF”). • PIF oroneofits subsidiaries oraffiliates, is theanchorinvestortothis fund. • The fund represents one of the region’s most compelling investment propositions, giving investors the opportunity to invest ina growingmarketwherecompanieshavelow valuationsandofferhighdividendyields. • Theeconomy in Palestine is witnessing significant growth. GDPgrowth in 2011 was around9.5%and the inflation rate is camearound3.0%. • The fund gives investors the chance to invest in a frontier market that has a high growth potential, as well as access to all stocks andcompaniesanticipatedtoundergoanIPO onthePalestinian Stock Exchange. Source: IMF, PIF website and Zawya October2012 3 Vision of the Rasmala Palestine Equity Fund www.rasmala.com The fund aims to become a dynamic player in thePalestinian economy and to have a key role in sustaining its growth by: • Investing in companies listed on the Palestine Stock Exchange, while encouraging and promoting transparency and integrity to enhance corporate governance practices • Developing the Palestinian market by utilizing Rasmala’s experience and knowledge in investments in theMENA region • Leveraging PIF’s local expertise, reach and know-how in Palestine • Providing sophisticated investors with access to a unique investment opportunity • Improving market liquidity by providing institutional investments into the Palestinian market October2012 4 About Rasmala www.rasmala.com Overview Leadingregionalinvestmentbankinggroupheadquarteredin Dubai • Established in 1999,with officesin theUAE, Saudi Arabia,OmanandEgypt Business Lines Asset Management • With 108employeesacross theregion Shareholdersinclude: • EuropeanIslamic InvestmentBank • DeutscheBank • Management • Prominentregionalinvestors Investment Banking Operating Platform & Geographical Footprint Brokerage EIIB DeutscheBank Management OtherShareholder 1) Rasmala Investment Bank Ltd. is regulated by the Dubai Financial Services Authority (effective ownership100%) 2) Rasmala Investments Saudi CJSC is regulated by the Saudi Capital Market Authority (effective ownership 80.4%) 3) Rasmala Egypt consists of Rasmala Egypt Securities S.A.E.(effective ownership 54.9%) and Rasmala Egypt Asset Management S.A.E. (effective ownership 51.0%), both regulated by the Egyptian Financial Supervisory Authority 4) Rasmala Investments Oman LLC isregulated by the Omani Capital Market Authority (effective ownership 70%) * Sharia’a Compliant (Rasmala Holdings Ltd % stake) RasmalaEgypt(3) Cairo • AssetManagement • Brokerage EGYPT RasmalaInvestments SaudiCJSC(2)* RasmalaHoldingsLtd. (DubaiInternationalFinancialCentre) SAUDI ARABIA Riyadh RasmalaInvestment BankLtd.(DIFC)(1) Dubai • AssetManagement Muscat • InvestmentBanking UAE • Brokerage OMAN RasmalaInvestments OmanLLC(4) Rasmala Holdings Ltd. has USD 746 million in assets undermanagement • InvestmentBanking o Advisory o Arranging • InvestmentBanking o Advisory o Marketing (non-Omani securities) October2012 5 ... - tailieumienphi.vn