...Financing Proposal WU Shizhi 1155068485 Company background Property Holdings Ltd is a real estate owner and developer. The group is one of the largest property developers in China. It develops and sells residential properties. It also operates in hotel and commercial properties industry. Agile has land in Hainan, Shanghai, Nanjing, Changzhou, Chengdu, Xi’an, Chongqing, Shenyang, Tianjing, Guangzhou, Foshan, Zhongshan, Huizhou and Heyuan. Ownership structure 62% stock shares of the company are held by Top Coast Investment Ltd whose major shore holder is the family of the founder of Agile. The second largest shareholder JP Morgan Chase & Co holds 4.38%. Dimensional Fund Advisors Ltd and Blackrock hold 1.18% and 1.16% shares, respectively. The estimated public float is between 30% and 35%. Capital Structure The total assets account for RMB 124,367 million. The company owns short-term borrowings and long-term borrowings RMB 16,363 million and RMB 26,203 million. The shareholders’ equity is RMB 33,851 million. The company’s total debt accounts for 34.2% of total assets. Its net debt/total equity is 72.4% and debt/common stock is 125.8%. Benchmark against the comparables There are lots of property companies in China or listed companies in Hong Kong. However, the most comparable companies should be property companies operating in mainland China but list in Hong Kong. Thus, the eligible comparable companies are Country Garden, Evergrande, Longfor, China Aoyuan...
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...2002, the government would no longer fund improvements and expansions for Amtrak. From looking at the income statement, we can see that Amtrak has never been profitable and has experienced an increasing deficit in recent years. To produce income, Amtrak decided to build “Acela;” a set of high speed trains in northeast America. In order to decide the best plan of financing this project, Amtrak and it’s advisor, Babcock & Brown Financial Corporation (BBFC) asked BNY Capital Funding LLC (BNYCF) to come up with lease-financing proposals. On April 30, 1999, Arlene Friner, the CFO of Amtrak presented these proposals for financing Acela to her Treasury team. A present value analysis is used to determine whether borrowing money, leasing the equipment, or relying on federal funding is the best option for financing the project. Discussion Acela is projected to produce $180 million in net revenue by 2002. This includes the purchase of 15 high-speed locomotives and 20 train sets of $750 million, of which Amtrak needs financing for six locomotives and seven train sets of $267.9 million. Amtrak presents three options for financing the Acela purchases and becoming a profitable entity by 2002: • Borrow money to fund the purchases • Lease equipment from BNYCF or other financial institution • Continue to rely on federal funding Amtrak was offered a 20-year bond at a 6.75% annual interest rate with semiannual payments starting December 1999. The equipment would be the collateral for the loan, which...
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...Marketing Management ! ! Dr. João Borges Assunção Eng. Natércia Trindade ! ! ! ! Brannigan Foods Strategic Marketing Planning for the Soup Division ! ! Brannigan Foods Soup Division is a 100 year old company with mature products which account for 40% of the whole soup market and it is the most significant division of the Brannigan Foods group. The most important category is the RTE soups which account for 78% of total sales. (Exhibit 2) Other products include Low sodium RTE “Heart Healthy”, dry soups and mixes and private label and Annabelle’s fast and simply. Annabelle’s was a soup company acquired 5 years ago in order to add healthier sups, dry soups and fast to the company’s portfolio, a growing trend in the market. In terms of costumer perception of Brannigan comparing with competition, Brannigan’s falls behind in the following: - Health trends - Diet claims - Convenience offerings - Flavors-especially popular regional ones - Seasonal products outside cold weather ! Retailers perceive Brannigan to be: -Category leader -not innovative -less profitable than store brands and competition ! Over the past 3 years the results of the division have been decreasing and there are several reasons behind this: - The whole soup industry has been declining for several years. The Lisbon MBA Class 2014 Ana Amaral 1 Marketing Management - The largest and most loyal segment of soup consumers, the baby boomers, which account for 20% of American population and are the main target...
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...New System Proposal Team B CIS/207 January 16, 2013 New System Proposal Riordan Manufacturing Company is leader in industry, and the company uses polymer materials to create solutions to customers. Dr. Riordan, a professor of chemistry founded Riordan Plastics Inc. by 1993 the company went to Riordan Plastics Inc. to Riordan Manufacturing Company and expanded the company into China. In 1991 the company supported commercial applications for his patent and the customers that use the products are the manufacturer of automotive parts, appliance manufactures, the manufactures of aircrafts, and the Department of Defense (DoD), alone with bottlers, and beverage makers (Riordan Mfg., 2012). The company’s earnings are $46 million and the total revenue excesses $1 Billion. Riordan Manufacturing Company has over 500 employees in Albany GA, Pontiac MI, and Hangzhou China (Riordan Mfg., 2012). Looking into the company’s system, there isn’t any security features established to prevent anyone from accessing information on the company’s intranet. Logins should be required to access the information within the company’s intranet and also should be monitored by the IT department. When the company expanded their operations in to Hangzhou China the fan manufacturing operation moved from Pontiac Michigan to Hangzhou China, team B need to look at the financing and accounting department systems because it was never addressed on the switch, just added more software...
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...Uttarakhand Regional Economic Development (RED) Prgramme: A joint venture of GTZ & NABARD 1. What is RED programme? RED is a joint venture of GTZ & NABARD for the economic development of Uttarakhand state through development of certain pre selected value chains in agro based sectors, improvement in business and investment opportunities for the private sector and promotion of rural MSMEs in the state in Specific Agro–Based Industries. 2. Which sectors are eligible for support under the RED programme ? Seven sectors viz. ■ Medicinal and Aromatic plants (MAP) ■ Spices ■ Vegetables ■ Pulses ■ Dairy ■ Traditional/Non-traditional fibers ■ Agro Processing 3. What will be the form of assistance under the RED programme? Grant assistance in the form of ✓ seed capital for start-up ventures, or ✓ “Margin money” for existing business to enable them to access bank loans. ■ Grant to be used to create or acquire infrastructure, technical or managerial know-how, inputs like seeds or implements, aggregation or processing of farm produce by value chain intermediaries. 4. To what extent the support will be granted? ■ GTZ grant to be based on merit, to the extent of 30 to 40 percent of project outlay with maximum limit of Rs. 8.00 lakh per project. ■ The selected MSME to arrange the remaining 60 to 70 percent (as the case may be) from either own resources or from bank as loan. (Including NABARD’s support from its own...
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...Steps to Writing a Grant Proposal Charity Tessitore HSM/270 May 28, 2016 Ruth Hendrick Introduction Funding can be a cause of concern for any organization or program, whether for-profit or not-for-profit. Non-profit organizations and programs rely heavily on the financing from grants. According to "Grants 101” (n.d), “a grant is a way the government funds your ideas and projects to provide public services and stimulate the economy. Grants support critical recovery initiatives, innovative research, and many other programs listed in the Catalog of Federal Domestic Assistance (CFDA).” This paper is going to go through the process of writing a grant proposal, using a new program called “Encouraging Families” as an example. Encouraging Families is a new program that is part of the PEACE Domestic Violence Agency. New Program Idea PEACE Domestic Violence Agency’s mission “is to reduce victim trauma, empower survivors, and promote recovery through direct services.” PEACE encourages domestic violence victims to get help and move on. They also help young adults get the education needed to stop the cycle of abuse. PEACE even provides a rehabilitation program for young adults. What it does not do is help those families get the job skills they need. Sometimes families want to be reunited, but have a member in jail and do not know how to go about reuniting. Encouraging Families is a new program that will work with the families, including the member that is incarcerated. The primary...
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...regulation affect you or the business in which you are working? If so, how? In the midst of a weakened global economy cause largely by an avoidable housing crisis, financial regulations inevitably have an impact on us all. Decisions made by agencies such as the Department of Treasury, Federal Reserve, Bureau of Consumer Financial Protection, and the Federal Housing Finance Agency have the power to directly impact our daily lives much more than other agencies which is essentially the reason for my interest in such a regulation. Also, as a young American looking to own a home in the near future, this regulation has the ability to impact my ability to obtain financing. Beyond merely being a part of the American dream, home buying and the housing market is an essential part of every society’s economy. Describe the proposal/change. Nearly 4 decades after being established the Trust in Lending Act (TILA) also commonly referred to as regulation Z has undergone a number of amendments. The most current changes are to make the guidelines in which a consumer secures credit for the purchase of a home stricter. The change comes as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act which was signed into law on July 21, 2010. The act provides strict guidelines to creditors extending credit to consumers of high risk for the purpose of purchasing a home. Two essential changes provided state, prior to approval of such credit, the creditor must ensure that the consumer...
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...Situating Kava and Toyota Kava is an island in the South Pacific. Primarily a tourist destination, Kava’s economy revolves around this industry. Nik is a student in one of Kava’s universities. A senior in Marketing, he hopes to find work in as soon as graduation comes along in order to help his family. As of the moment he is an intern at a local Toyota dealership working under the guidance of Alex, a junior manager who oversees Toyota’s marketing relations. So far, Nik has worked under Alex arranging ads for Toyota with the local newspapers and TV stations as well as arrangements for sponsorships. Alex welcomes new ideas from his staff, even interns. Fresh ideas he believes are always a good source for the next best marketing move. The Proposal Nik, eager to help sustain tourism in Kava as well as become a ‘full-time’ recruit within the Toyota dealership proposed a marketing plan that would help in sustainable Tourism as well as market Toyota’s products. Kava, he believes as an island cannot sustain heavy traffic congestion. In addition, gasoline and...
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...in Project Management 1.0 Introduction A concept note is a summary of a proposal containing a brief description of the idea of the project and the objectives to be pursued. In some financing programs, funding agencies require a concept note before the submission of a full proposal, in order to decide whether the proposed project is in line with the priorities of the program and to eliminate proposals that are not likely to be funded. Concept notes are also submitted to donors without a formal call for proposals, who prefer to understand a project through a brief summary rather than a full-fledged proposal document. This factsheet contains a set of guidelines on how to write a concept note, offering also a template to help you drafting an eye catching document to ensure the success of your project. Many private foundations have always required a concept paper be submitted for review prior to the submission of a full proposal. In recent years government and state agencies have begun to encourage the use of concept papers as a way for applicants to obtain informal feedback on their ideas and projects prior to preparing a proposal. Some of these agencies now require a concept paper be submitted as part of the formal submission process. The purpose of a concept paper, from the funding agency’s point of view, is to help applicants develop more competitive proposals and to save time by eliminating proposals that are not likely to be funded. The applicant’s purpose in developing a...
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...I. Project Title : Sabon Oplan Asenso para sa Pangkabuhayan II. Rationale: Unemployment is one of the major concern of the local government. Over years, we can observe the fast growing in our population especially in depressed area. Some Non-Government Organization, People Organization and school projects would like to help to ease the burden of the community by educating the unemployed mothers and housewives on how to improve their ways of living. With the help and cooperation of the barangay leaders, this project would be possible. This project will be funded solely by the contributions of each members and ask some business people to give them ideas and encouragement on organizing, training, funding, marketing and management. We opt to conduct the livelihood program in Barangay Sun Valley Paranque City. The total land area is 75 hectares composed of 32 subdivision/cluster. It is situated along West Service Road, South Superhiway, Paranque City. You could reach the place through the following landmarks: Toyota Bicutan, Robinson’s Supermarket, and Our Lady of the Most Holy Rosary Parish. Houses were commonly built in concrete type. The area is comprises of 7, 983 households. Majority of the population are male and under 30 years of age. The average income of the family per month is approximately P10, 000 and majority living in the area are unemployed because they only reach high school level. Majority of the family has electricity. Water is one of...
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...CITY OF NEW ORLEANS 2013 Budget Proposal October 29th, 2012 10/29/2012 Mayor’s Office of Communications 2013 Budget Presentation • Background • Performance Management/Review of Improvements • 2013 Budget Proposal 2 2013 Budget Proposal Funding Cuts at the State and Federal level are posing significant budgeting challenges for municipalities across the U.S. ● Nearly 48% of cities plan to reduce workforce this year ● Los Angeles predicts over 200 City jobs will be eliminated due to budgetary challenges ● San Bernardino closing all but one library and reducing 100 jobs including Police and Fire positions ● The State of Louisiana is not meeting its obligation to fund District Attorney, Indigent Defender, or mental health We must continue to take action to be smart about how we get smaller 3 2013 Budget Proposal The Landrieu Administration addressed an inherited $97M spending gap Budget Comparison $550M 2009 Expenditure $528M 500 110 450 $431M $97M Gap 400 418 431 Gap Recurring Revenue 2010 350 300 2009 Note: One-time revenue sources not included in chart 4 2013 Budget Proposal First step to eliminating gap was to reverse the spending trend Annual Expenses $550M $528.0M $496.0M 500 $483.0M $479.9M $477.8M* $50.2M Difference 450 400 350 *= Proposed $477.8M expenditure does not include $13.4M appropriation to fund balance. Including fund balance contribution, the City is proposing a budget...
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...DRAFT GOVERNMENT OF THE PEOPLE’S REPUBLIC OF BANGLADESH STANDARD REQUEST FOR PROPOSAL (SRFP) FOR SELECTION OF CONSULTING FIRM (National) (Complex Time Based - above Tk. 10 Million) Central Procurement Technical Unit Implementation Monitoring and Evaluation Division Ministry of Planning August 2009 PS8 Guidance Notes on the Use of the Standard Request for Proposal These guidance notes have been prepared by the CPTU to assist a Procuring Entity in the preparation, using this Standard Request for Proposal (SRFP), for procurement of Intellectual and Professional Services having estimated cost above Tk. 10 million. The Procuring Entity should also refer to the Public Procurement Act, 2006 (Act No 24 of 2006), and the Public Procurement Rules 2008, issued to supplement the act available on CPTU,s website: http://www.cptu.gov.bd/. All concerned are advised to refer to the aforementioned Act and Rules while participating in any selection process of Consultants. The use of SRFP (PS8) applies when a shortlisting process following Expressions of Interest has taken place and the short-listed Applicants are invited to submit a Proposal. This document shall be used when a Procuring Entity (the Client) wishes to select an Applicant (Consultant) for assignments for which remuneration is being determined on the basis of the time actually spent by the Consultant in carrying out the Services. ...
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...REQUEST FOR PROPOSAL for Mandy Lane, Inc Georgia Titans Baseball Practice Complex Stockbridge, Georgia 30281 Dennis I. Oggs doggsi@yahoo.com PM 598 Contracts and Procurement Management Submittal Deadline: December 31, 2012 TABLE OF CONTENTS Section Title: Page Number: 1. INTRODUCTION X 1.1 Description of Georgia Titans Baseball complex in Stochbridge Georgia 1.2 Background 1.3 Objective of RFP 2. NOTICE TO PROPOSERS X 2.1 Submittal Deadline 2.2 Type of Agreement 2.3 Term 2.4 RFP Contact Persons 2.5 Inquiries and Interpretations 2.6 Public Information 2.7 Selection Process 2.8 Criteria for Selection 2.9 Proposer's Acceptance of Evaluation Methodology 2.10 Solicitation for Proposal and Proposal Preparation Costs 2.11 Key Events Schedule 2.12 Historically Underutilized Businesses 3. PROPOSAL REQUIREMENTS XX 3.1 General Instructions 3.2 Preparation and Submittal Instructions 3.3 Pricing and Delivery Schedule 3.4 Terms and Conditions 3.5 Submittal Checklist 3.6 Electronic Submission 4. GENERAL TERMS AND CONDITIONS XX 5. SCOPE OF SERVICES XX 6. EXECUTION OF OFFER XX 7. PRICING AND DELIVERY SCHEDULE XX 8. PROPOSER'S GENERAL QUESTIONNAIRE XX 9. ADDENDA CHECKLIST XX ...
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...Contracts Just because the contractor has been selected as the winner does not mean the contractor can start doing the work. Before the project can proceed, a contract must be signed between the customer and the contractor. A contract is a vehicle for establishing good customer–contractor communications and arriving at a mutual understanding and clear expectations to ensure project success. It is an agreement between the contractor, who agrees to perform the project and to provide a product or service (deliverables), and the customer, who agrees to pay the contractor a certain amount in return. The contract must clearly spell out the deliverables the contractor is expected to provide. For example, a contract will state that the project result will meet certain specifications or that certain documentation will be provided. The contract must also state the terms by which the customer will make payments to the contractor. There are basically two types of contracts: fixed-price and cost-reimbursement. FIXED-PRICE CONTRACTS In a fixed-price contract, the customer and the contractor agree on a price for the proposed work. The price remains fixed unless the customer and the contractor agree on changes. This type of contract provides low risk for the customer because the customer will not pay more than the fixed price, regardless of how much the project actually costs the contractor. However, a fixed-price contract is high risk for the contractor because if the cost of completing...
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...|PLEASE ATTACH RECENT PHOTO |[pic] | | |Commonwealth Scholarship and Fellowship Plan | |APPLICATION FOR A COMMONWEALTH SCHOLARSHIP IN SOUTH AFRICA | |1.a) TITLE (delete as applicable) |Mr / Mrs / Miss / Ms / Other | |1.b) NAME (underline surname) | | |2.a) PERMANENT ADDRESS | | | |2.b) EMAIL ADDRESS | | |3. ADDRESS FOR CORRESPONDENCE (if different from above) | | | |4...
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