How can I get the form for this offer? Nairalanders please help !


By Ogbuotobo Chuks

Come September 24, 2007, Japaul Oil & Maritime Services plc would float its hybrid public offer to the Nigerian public. The company is seeking to raise N5 billion by offering 1,007,488,188 ordinary shares of 50 kobo at N3.95 per share to the general pubic, while 291,549,045 ordinary shares of 50 kobo per share at N3.50 per share is being offered to the existing shareholders.
The approval was given at a stakeholders meeting which was held in lagos recently. Alsothe right issue would be offered to the existing shareholders on the basis of one new ordinary shares for every four ordinary shares held by them as at Friday July 6, 2007.
The Managing Director/CEO, Japaul Oil & Maritime Services Plc, Mr. Paul. A Jegede said the purpose of the offer is enable the company meet its expansion and diversification plans in key areas of oil servicing and maritime services.
The breakdown of utilization of the funds is as follows: Acquisition & Offshore oilfield support vessels 43 per cent; Acquisition of equipment & accessories 23.66 per cent; Investment in construction materials for oil field facilities 21.5 per cent; Infrastructure & Fabrication facilities 8.6 per cent and working capital 2.23 per cent.

The Joint Issuing Houses include: First Inland Bank Plc, and Futureview Financial Services Limited. The offer closes on Wednesday, October 31, 2007.

Heard About it frm a Friend,

-I wuld love to get some,

What is the Minimum Amount u can Obtain?

Like the offer public offers, Japaul minimum shouldnt be more than 1000 units minimum the public offer price will be N3.95

I will post the application form and prospectus as soon as they are out. My company is one of the receiving agents so I will be getting regular information and keep you guys posted.

Ade
www.citiinvestcap.com

l will be interested with the form

Thanks Atilla, I will be looking forward to it.

@ Atilla

What is the minimum amount to open an account with your investment company?

Hey Guys,
Let some one out there keep me informed as some the offer hits the open market I am HIGHLY interested

denoleman@yahoo.com
08035010042,08058003556

@crazyT

Howdy? The minimum to open an account with us is 100,000, if you have share certificates worth up to that we can accept that or a combination of both shares and cash.

I will try post the form/prospectus as soon as I get it .

Hi Atilla,
Can u accept GT Bank GDR allotment notice of up to 100k as evidence of share holding

Hi guys please find the Japaul form attached.

This has bad quality but ill put a better one tommorow morning.

@atilla,

How do I enter my CSCS # on the form. It's not available on the form.

It is, at the bottom right side of the form
above the signature part

Ill try and post a better form today

hey guys! i'm interested in this offer but i dont have cash yet. please does anyone know when the offer will end.

@ atilla pls can u send the prospectus so we can take a look at it on this thread .
thank you.

@ dachoji

Japaul po opens on 24/9/07 and closes on 31/10/07 best luck

All,

Here is the link to the Prospectus.


http://www.japaulplc.com/Prospectus4Web.pdf

HI Panadol. quick question pls where did u get the link to the prospectus. I was crawling their website so I was suprised not to find it and then u posted it up. Hmm u have good eyes sha. Thanks

thanks for the info

@atilla, I have the forms scanned and I will be emailing to a friend to make payment for me. Are there any other charges that needs to be paid? (for instance say i'm buying 1000units @ #3,900 naira, is that the amount needed)

I'm trying to make sure I get the right amount of money across to the person doing me a favor, thanks.

That is the right amount of money unless you wanna give the person money for trans fare and at least launch for assisting you,

Hello Atilla,

My concern is when will my cscs account be credited? or share certificate issued.The offer is a good one

I cant imagine my money tied down for over one year.

I will appreciate your response

@ 2 rich4you. No there is no charge to pay. Stockbroking firms do not charge the customers anything for public offers. it is only buying on the floor that we collect commision. For 1000units = N3,950 naira
(note 1unit is N3.95 not N3.90 as you said in your post)

@Nevada.
With the new rules coming out. im sure it wouldnt be up to a year probably like 6-8 months maximum. I know what you mean thuogh.

Can someone pls help me answer my question, can the filled out application form be taken to any branch of first inland bank for payment?

@2Rich4u,

Yes, you can make payment at any branch of First Inland Bank since they're the issuing bank and any other assigned bank.

thanks sweet aura, !

@2rich howfars you changed your mind buying through me?

Does it mean you will make payment and submit your form at any First inland Bank??

Atilla,

Can may friends in Europe invest with your company and be able to monitor it themselves. What is the minimum they could start with and how is the profit going to be calculated.

@Sobola

Yes they can invest with us.  We are making a way to monitor your stocks online but as of right now we send evaluation reports every week and a statement of your account with us.

The minimum right now is 100,000 to open an account with us and the money will be used only to buy shares for you.
The profit will be calculated by removing the price you are sellin from the price you bought the share. For example if you bought Airline services at 15 naira and sell it at 20 the profit is Five naira * the amount of shares that you bought.

I hope that helps. Please mail me on if you want more info.

@atilla, I sent you an email yesterday waiting on your response.

I didn't change my mind, I advised a friend to also invest but his skeptical about going thru a broker so I advise he send his mum to any first inland bank to make purchase on his behalf.

talking about japaul-is it good for the short term or long term

@2rich4yu. I didnt get the email.