Fareast Finance & Investment IPO

Fareast Finance & Investment Limited

(As per abridged version of Prospectus)

Nature of Business

The company concentrates its activities for full payout leases and term finances, extended on the basis of recovering the full capital cost of the asset/finance, plus imputed interest charges. The company extends lease finance for all types of machinery, equipment, household durables including vehicles for the purpose of industrial, commercial, agricultural and personal use in Bangladesh and also term finance to its clients within the purview of the Law.

Major Product

Lease finance, Term finance, Short term finance, Consumer Credit Scheme, Factoring, Bond discounting, Import finance, Bridge finance, Deposit Scheme

Subscription Open

July 14, 2013

Subscription Close

July 18, 2013

Subscription period for

NRB

July 14, 2013 to July 27, 2013

Authorized Capital

Tk. 2,000,000,000

Pre- IPO paid-up Capital

Tk. 1,150,617,860

IPO size in shares

45,000,000

IPO size in Tk. at face value

Tk. 450,000,000

IPO size in Tk. at offer price

Tk. 450,000,000

Post IPO Paid-up Capital

Tk. 1,600,617,860

Face Value per share

Tk. 10.00

Offer Price per share

Tk. 10.00

Market Lot (Shares)

500

Use of IPO Proceeds

The net proceeds will strengthen the capital base and liquidity of the Company. Besides, it will augment business expansion as net proceeds of the present issue of 45,000,000 ordinary shares of Tk. 10.00 each at par, totaling Tk. 450,000,000 would be utilized in the normal business operations such as investment, industrial development, leasing, lending, refinancing etc.

NAV per share

Tk. 16.57 as on December 31, 2011.

EPS

Tk. 1.04 for the year ended December 31, 2011.

Issue Manager

Grameen Capital Management Limited

Auditors

Ahmed Zaker & Co.

Website

www.ffilbd.com