AKD Securities' investment banking prowess is well established in the industry. Outside of the large domestic banks, we have consistently been ranked as the Number 1 underwriter and arranger of equity market transactions in the last three years. During 2004 and 2005, AKD Securities accounted for 29% of all equity underwritings in terms of value. In fiscal year 2004-05, we were the buy-side financial advisor to the strategic buyer in the privatization of National Refinery Limited. This PKR 16.4 bn transaction was the largest privatization after Pakistan Telecommunications (PTC). AKD Securities was also the financial advisor to the Privatization Commission, Government of Pakistan, in the Offer for Sale of shares of United Bank Limited.
We have extensive contacts with existing and potential issuers across a wide spectrum of industry and business sectors.
Our analysts have in-depth industry knowledge, financial modeling and transaction structuring experience.
AKD team's rich experience of the capital issuance process helps in efficiently managing the regulatory aspects of complex transactions.
A wide network of institutional-investor relationships coupled with a large, diversified retail investor base provide us with an unmatched distribution capability.
Mergers and Acquisitions
AKD Securities Ltd. (AKDS) has been involved in various merger and acquisition transaction over the previous decade. Merger and Acquisition activity has been most vigorously followed in the Banking sector of Pakistan and AKDS has led the acquisition of 600 million shares of Crescent Commercial Bank Ltd., by the SAMBA group of Saudi Arabia; amongst other transactions.
Equity Advisory & Arrangement
Presently, Equity Advisory & Arrangement is the activity AKDS is most renowned for in Pakistan's Capital markets. Our prowess in the capital market is perfectly complimented by the number of Equity based transactions we take part in every year. Having diverted our attention to purely equity based transactions and considering the resource pool provided by Mr. Aqeel Karim Dhedhi's name and extensive market contacts, it is not surprising that we are positioned amongst the market leaders in equity advisory and arrangements in Pakistan.
Our core investment banking team is involved in IPO, Private Equity and Placement transactions that are unique in size and structure. We are working with diversified sectors including investment banking, gases manufacturing, electronic media, steel, electrical equipment, real estate, cement, power and a host of other sectors.
The AKDS Investment Banking desk also looks after the company's private equity deals. The existing relationships of the international sales desk are used for any assistance that we may require, though our existing market contacts, both national and international provide an excellent investor base to pitch private equity deal to.
Presently we our working on some major private equity transactions including raising private equity for one of the largest integrated steel making facilities envisaged to be set up in Pakistan.
Furthermore, our Investment Banking team extends its expertise to incorporate debt syndication by selective placements of corporate debt.
In the past, AKDS has been involved in arranging institutional debt via Term Finance Certificates, IFC Term Loans, Margin financing etc.