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News
April 01, 2008
IFC METROPOL will step forth as a financial adviser and organizer of IPO OJSC “Maksim Antonov grocery factories” conduction
IFC METROPOL will step forth as a financial adviser and
organizer of IPO OJSC “Maksim Antonov grocery factories”
conduction.
OJSC “Maksim Antonov grocery factories” is the leading structure of
agro industrial Groups of companies “ARKADA” manufacturing sector
that has declared its plans about IPO conduction in the IV quarter
2008. The investment financial company “Metropol” will be
financial consultant and organizer of IPO conduction. Investors
will be proposed up to 30% of company authorized capital. Primary
public stock floatation is planned to be conducted at Russian stock
markets. Investments that were attracted in the process of public
stock floatation are planned to be directed for buying new
companies that specialize in grain processing. In that way, the
company is going to increase its presence at Russian market of
flour-grinding manufacture, buckwheat, mixed fodder, bakery
products. A part of investments will be directed at restructuring
current debt. The group of companies “ARKADA” is present at public
stock market since 2005. At present time LC APK “ARKADA” stock is
circulated at stock market with the total face-value 2, 12 billion
of
rubles.
In the period before OJSC “Maksim Antonov grocery factories”
conduction, IPO is planning to finish processes of company
corporative construction that are directed to effectiveness
increase and business management openness, to conduct audit of
consolidated accounting according to standards IAS.
Inquiry
OJSC “Maksim Antonov grocery factories” – diversified
flour-grinding holding company that consolidates asset and facility
at storing, grain processing, facility at cereals, mixed fodder,
bakery products manufacturing. OJSC “Maksim
Antonov grocery factories” companies are situated in general in
central regions of Russia. According to preliminary date
consolidating gain of Group of companies OJSC “Maksim Antonov
grocery factories” was approximately 125 million USD in 2007. The
forecast of gain in 2008 is 250 million USD. With this entire
profitability figure according to EBITDA can make approximately
8%.
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