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Eco Energy SC Share Offering |
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Summary of Share Offering
(See Prospectus for full details, requires registration)
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Par Value (per share)
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ETB 1,000 |
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Service Charge (per share)
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ETB 90 (9%)
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| Terms of Payment |
- 20% of Purchase Price + 100% of Service Charge upon subscription
- Remaining balance (80%) in 4 equal payments every 6 months from subscription date
- Alternatively, the entire amount due can be paid upon subscription which shall entitle the shareholder to Founding Benefits
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| Minimum Investment
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25 shares (ETB 25,000 + Service charge)
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Maximum Investment
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200,000 shares (ETB 200,000,000 + Service charge)
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Founding Shareholder Benefits
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Privileged pay of 5% of profits for the first 3 years plus regular dividends
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| Initial Offering Closing Date |
July 14, 2009
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National Need, Global Demand
Eco Energy S. C. will be a vertically integrated business in the production and marketing of biofuels. First
phase, the focus would be on the harvesting of Jatropha Curcas and Castor oil Plants. As a future plan, it
will also engage in edible oil seeds and cereal crops production for local and export market. The fuels to be extracted from the two types of non-edible plants would be for local and export market. It is expected that with its supply of biofuel products, Eco Energy will be contributing significantly to narrow the energy demand/supply gaps in the country and help minimize import dependence.
Objectives, Goals and Strategies
Eco Energy S.C. shall set out as a publicly owned biofuel producing and marketing company; and it will bestriving towards the realization of its vision of ultimately coming out as a competitive business of scale. It
shall be a company whose operations are vertically integrated through value chain processes of production
and marketing. Under this general strategic goal, the Company has laid out the objective of:
- Contributing to minimize the country’s dependence on fuel imports, and thereby, helping spare the nation sizable foreign currency outflows;
- Creating an agro-industry that will be increasingly competitive and profitable whereby its shareholders can draw attractive returns on their capital investments;
- Partnering with local and foreign technologists and center of excellence to help foster innovations in the sector, so that biofuel could replace fossil fuels;
- Upholding the utmost sense of Corporate Social Responsibility so as to help foster socio-economic harmony, wealth creation and environmental friendly.
Core operational activities shall include:
- Cultivation of biofuel plants on non-arable lands;
- Pressing oils from harvested feedstock and refining them at extraction plants;
- Supplying the-ready-to-use biofuel for local and export markets;
- Produce glycerin and fertilizers;
- Engage also in edible oil seed cultivation for local and export markets;
- Engage in the marketing of the biofuel, co-products and edible oil at own sales outlets or via businesspartners or other legal means;
- Engage in food crops production and related agro-industry.
How to Invest
Simply drop us an
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or call your nearest Emergent Global office (011 6-618-55-94 in Addis Ababa, Ethiopia or 703-435-9455 in the US or from anywhere else in the world) and we will walk you through the entire process.
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