Kiriazi memo
Credit Package
Cairo on : 07/05/2014 To : Egyptian Banking Institute
Client Name : Kiriazi Company for Engineering Industries Group Name : Kiriazi Group
Sector of Activity: Manufacturer of home appliances Legal Status : Joint Stock
Prepared By: Marwa Ramadan
Emam Gad
Mohamed Rabaey
Ahmed Kamal
Ahmed Mohsen
Ahmed Amin
Ahmed Belbesy
Mohamed Shazly
Waleed Serag
Khaled Helmy
Background
A. Brief and Overview:
KIRIAZI Company for Engineering Industries is an Egyptian joint stock company incorporated in 1996 according to law no. 230 for the year 1989, which was replaced by law no. 8 for year 1997. The company is registered under no. 295403 on 9th of May, 1996.
Our subject is an industrial company, which began its production in 1996. The company is engaged in the manufacture, wholesale trade and distribution, and servicing of refrigerators, freezers, washing machines and cookers.
The plant is constructed over an area of around 125000 m2 in Belbeis, Sharkia governorate.
The company belongs to Kiriazi Group, owned and managed as a family business by Mr. Kiriaco StephoKiriazi and his family members, who enjoy a vast experience in the home appliance business.
The subject`s authorized capital is EGP 200 Mio with issued and paid-in capital for EGP 100Mio, distributed among members of the family as follows:-
(Figures in EGP)
Name of Shareholder
Value
Percentage of Ownership
Shareholder One
26,700,000.00
26.70%
Shareholder Two
20,000,000.00
20.00%
Shareholder Three
16,670,000.00
16.67%
Shareholder Four
13,330,000.00
13.33%
Shareholder Five
7,220,000.00
7.22%
Shareholder Six
3,610,000.00
3.61%
Shareholder Seven
3,330,000.00
3.33%
Shareholder Eight
3,330,000.00
3.33%
Shareholder Nine
3,330,000.00
3.33%
Shareholder Ten
2,500,000.00
2.50%
Total
100,000,000.00
100%
B.
Cairo on : 07/05/2014 To : Egyptian Banking Institute
Client Name : Kiriazi Company for Engineering Industries Group Name : Kiriazi Group
Sector of Activity: Manufacturer of home appliances Legal Status : Joint Stock
Prepared By: Marwa Ramadan
Emam Gad
Mohamed Rabaey
Ahmed Kamal
Ahmed Mohsen
Ahmed Amin
Ahmed Belbesy
Mohamed Shazly
Waleed Serag
Khaled Helmy
Background
A. Brief and Overview:
KIRIAZI Company for Engineering Industries is an Egyptian joint stock company incorporated in 1996 according to law no. 230 for the year 1989, which was replaced by law no. 8 for year 1997. The company is registered under no. 295403 on 9th of May, 1996.
Our subject is an industrial company, which began its production in 1996. The company is engaged in the manufacture, wholesale trade and distribution, and servicing of refrigerators, freezers, washing machines and cookers.
The plant is constructed over an area of around 125000 m2 in Belbeis, Sharkia governorate.
The company belongs to Kiriazi Group, owned and managed as a family business by Mr. Kiriaco StephoKiriazi and his family members, who enjoy a vast experience in the home appliance business.
The subject`s authorized capital is EGP 200 Mio with issued and paid-in capital for EGP 100Mio, distributed among members of the family as follows:-
(Figures in EGP)
Name of Shareholder
Value
Percentage of Ownership
Shareholder One
26,700,000.00
26.70%
Shareholder Two
20,000,000.00
20.00%
Shareholder Three
16,670,000.00
16.67%
Shareholder Four
13,330,000.00
13.33%
Shareholder Five
7,220,000.00
7.22%
Shareholder Six
3,610,000.00
3.61%
Shareholder Seven
3,330,000.00
3.33%
Shareholder Eight
3,330,000.00
3.33%
Shareholder Nine
3,330,000.00
3.33%
Shareholder Ten
2,500,000.00
2.50%
Total
100,000,000.00
100%
B.