Date: AQUA RESOURCES TO LIST ON LONDON STOCK EXCHANGE RESEARCH PROJECT ABSTRACT This proposal presents the listing of Aqua firms on the financial stock exchange. The paper gives a brief history about the fall of the company and the recent rise in the company profits…
In a quest to diversify its portfolio, Aqua resources limited made several investments in subsidiaries such as Aqua Resources (In-Pipe) Holdings Limited, Aqua Resources Asia Holdings Limited, an exempt company incorporated in the Cayman Islands formed in October 2008 and Cooperative Aqua Netherlands Holdings UA, a Dutch co-operative company formed on 22 March 2010. In the company’s short life at the London Stock Exchange, the most significant decision was the tender offer toJPMorgan Private Equity Limited where the company sold out its ordinary shares to 29.9%. This resulted in less than 25% of ordinary shareholding in the public which formed a clear basis for its delisting from the stock exchange market. Table of Contents ABSTRACT 1 List of Tables 3 CHAPTER 1: INTRODUCTION 4 1.1Background of the Study 4 1.2 Justification 5 1.3 Objectives 5 Specific objectives 5 1.4 Hypothesis 5 CHAPTER 2: LITERATURE REVIEW 6 2.1 Process of application for listing on LSE 7 2.2 Aqua Resources Perfomance 8 2.3 Risks relating to investments in water 9 2.3.1 Challenging six months and possible merger with other funds 12 2.3.2 Collapse in share price of China Hydroelectric Corporation 13 3.0 METHODOLOGY 17 In this event study we shall use the Capital Asset Pricing Method to calculate the abnormal returns of the investments made by Aqua Resources Fund for the period between 2008-2012. Basically the abnormal return refers to the excess returns on the expected returns realized from an investment. Theassumptions underlying the CAPM are: 17 3.2 Summary of significant accounting policies 21 iv.1RESULTS AND DISCUSSION 22 4.1 Procedure for calculation of Abnormal Return 22 Step 1 22 Step 2 22 Step 3 22 Step 4 22 24 5.0 LIMITATIONS AND FURTHER RESEARCH 24 6.0 CONCLUSION 25 Bibliography 26 List of Tables Figure 1Analysis of movements in NAV for the year ended 31 December 2011 (in €) 20 Figure 2: The Company ended the year with liquid funds of approximately €4 million, representing approximately 6.9% of its net assets. 20 Figure 3: Share price performance of the company 23 Figure 4: Assets at unaudited fair value at period end 23 CHAPTER 1: INTRODUCTION 1.1 Background of the Study Aqua Resources Fund Limited was incorporated on 12 June 2008 as a closed-ended investment fund in the water resources sector with limited liability under The Companies (Guernsey) Law, 1994 as amended. The Company was established pursuant to the framework introduced by the Guidance Document issued by the Guernsey Financial Services Commission. The company’s investment manager is FourWinds Capital Management which has the responsibility for the discretionary management of its assets with a proven track record of generating returns and managing risk across natural resources investments including water-related assets The company had a subsidiary called Ranhill Water Technologies (Cayman) Limited. RWT was a fully integrated water and waste water company with in-house expertise in design, construction and operations of water and wastewater plants across a number of Asian countries. Other subsidiaries of the company include: Aqua Resources (In-Pipe) Holdings Limited (“ARIHL”), a Guernsey limited company formed in August 2009; Aqua Resources Asia Holdings Limited, an exempt company incorporated in the Cayman Islands formed in October 2008; and Cooperative Aqua Netherlands Holdings UA, a Dutch co-operative company formed on 22 March 2010. 1.2 Justification This study focusses ...
Cite this document
(“Aqua Resources To List On London Stock Exchange Research Project Paper”, n.d.)
Retrieved from https://studentshare.net/finance-accounting/14503-aqua-resources-to-list-on-london-stock-exchange
(Aqua Resources To List On London Stock Exchange Research Project Paper)
“Aqua Resources To List On London Stock Exchange Research Project Paper”, n.d. https://studentshare.net/finance-accounting/14503-aqua-resources-to-list-on-london-stock-exchange.
The paper aims to uncover how and why the project failed, and touch briefly on whether these were preventable mistakes and how much it cost the company, the employees and the public. The final purpose of this paper is to draw some conclusions about the London Stock Exchange software failure and see if these are applicable to other situations.
This study gives a description of the organization on which the needs assessment/gap analysis will be conducted. This is followed by the actual needs assessment/gap analysis, a proposal of an intervention based on the needs assessment/gap analysis and an explanation justifying the relevance of the selected intervention.
The capital city of the country is named as Asmara A few other major cities of the country are Keren, Assab, Massawa, Afabet. Historically, Eritrea has existed as a separate political entity long before it established its stature as an autonomous country on the 24th of May 1993.
Pakistan is surrounded by different mountains and countries on its sides. It is bordered by Iran on the West, India on the East, Afghanistan on the North West and the Arabian sea on the South. The geography of Pakistan consists the huge mountains of Karakoram and Himalayas on the north along with the hot deserts found in other areas and the beauty of the beaches on the Makran coast.
Aqua Resources Fund Limited was incorporated on 12 June 2008 as a closed-ended investment fund in the water resources sector with limited liability under The Companies Law, 1994 as amended. The Company was established pursuant to the framework introduced by the Guidance Document issued by the Guernsey Financial Services Commission.
Though clearly based on the technical features of these instruments, our discussion intends to examine different types of ETFs, investigate their performance in the last five years and calculate their returns. If Section 1 analyses a typical
The company distributes its ready-to-drink beverages in Australia, New Zealand, Fiji and other related areas.
Employing over 15,000 employees, the company has around 700,000 active distributers to satisfy
has other diversified investments in the whole world and these cover sectors like telecommunications, clean technologies, healthcare, litigation, lending and financial services.
The share prices for the last twelve months have been generally unstable. For example, there has
ulators of the Alternative Investment Market are the private regulators of the London Stock Exchange known as the nominated advisors or commonly known as the NOMADS. The NOMADS verify the individual firms and decide whether the firms can list their shares in the London Stock
16 Pages(4000 words)Research Paper
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Research Paper on topic Aqua Resources To List On London Stock Exchange Research Project for FREE!