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PRESENT INITIAL PUBLIC OFFERING OF
18,300,000 ORDINARY SHARES TO THE
GENERAL PUBLIC AT A PRICE OF PKR 13
PER SHARE, DETERMINED THROUGH THE
BOOK BUILDING MECHANISM
Subscription Period : March 24,
2010 to March 25,2010
(Both Days Inclusive)
During Banking Hours
BANKERS
TO THE ISSUE
1.
Arif Habib Bank
Limited
2. Askari Bank Limited
3. Bank Alfalah Limited
4. Faysal Bank Limited
5. Habib Metropolitan Bank
6. HBL
7. KASB Bank Limited
8. MCB Bank Limited
9. Soneri Bank Limited
10.The Bank of
Punjab
11.United Bank
Limited
Amtex Limited
Amtex is one of the leading textile
manufacturing groups in Pakistan. It
is vertically integrated group with
operations in all sectors of the
textile industry from spinning to
stitching. The annual turnover of
the group is around 200 million US
dollars, with CAGR in excess of 25%.
Amtex provides employment
opportunities to about 18,000
families. It has a diversified
product and market portfolio. Amtex
holds a special position in the
textile industry in the sense that
it provides the largest variety and
combination of products to its
customers under one roof – the One
Stop Shop.
After establishing strong foothold
in the Textile exports, Amtex has
successfully switched to Direct to
Retail (“DTR”) business model that
has enabled it to focus on exporting
high value added Products directly
to Premier Retailers in the EU, USA
and across the globe. With over 95%
export sales, Amtex recently
received the highest export Trophy
Award from the Government of
Pakistan in lieu of being the
“Highest Exporter for the year
2009”.
Amtex Edge
Amtex has sustained such massive
growth levels on the back of strong
outsourcing capabilities (without
incurring any additional CAPEX) and
direct relationship with Leading
Global Retailing Giants, who
purchase directly from Amtex (with
no middleman involved). With the
retailers program running between
minimum six month to over a year,
Amtex is able to plan and control
its operations effectively,
harnessing growth and stability in
the business. Amtex has strong focus
on R&D and invulnerable Quality
Assurance system in place that has
enabled the products to build a mark
on the customers, cultivating
stronger relationship with them.
With strong management, state of the
art textile manufacturing facility,
international display centers and
warehouses for facilitating
procurement of orders and direct
dealing with retailing giants, Amtex
is marching towards becoming a
leader. All this coupled with other
strengths of Amtex (disclosed in the
Investment Rationale section in
Information Memorandum), the Company
has distinctive edge that has
enabled it to multiply the top-line
of the Company and pose handsome
bottom-line over the years.
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