SME Partnership & SME II Partnership
Overview

SME Partnership &
SME II Partnership

Investment Type

Investor Profile

Investments Profile

 

HYE WON HYE
'that which does not burn'
symbol of imperishability and endurance

 

Investment Profile
EXISTING INVESTMENTS

Oakwood Park Limited

Oakwood Park Limited is a purpose built executive centre with residential facilities. The Executive Centre, designed to fill part of the observed gaps in the availability of training facilities in the Lagos area, is known as "The Protea Hotel Oakwood Park, Lagos" and is being managed by the Protea Hotel Group of South Africa.

SMEP and SME II P hold 17.79% and 0.1% respectively.

IMPEX Worldwide Nigeria Limited

Impex Nigeria is a wholesale (B2B) courier company established to provide services to local courier companies.

SME Partnership (SMEP) and SME II Partnership (SME II) will hold 50%.

FALCONGAZ LIMITED

Falcongaz Limited (Falcongaz) is a private limited liability company established to carry on the business of natural gas distribution, The company was assigned the exclusive franchise to distribute natural gas to Ikorodu.

ACCAT NIGERIA LIMITED
ACCAT was established in 2000 to market, distribute, install and specialized equipment required for the roll out of wireless infrastructure. ACCAT is poised to exploit the immense opportunities arising from the licensing of GSM operations.

SME Partnership holds 44% interest equity interest in ACCAT.

DE HAASTRUP COMMUNICATIONS LIMITED
De Haastrup was established in 1993 as an Information Communication Technology company whose principal activity includes engineering, designing and deploying customer specific voice processing systems.

SME Partnership holds 40% interest in De Haastrup.

ALVAC LIMITED
Alvac Company Limited was established to provide Cash Management Solutions to the NIgerian banking industry. Alvac has developed a business model with three main kinds of business as follows:

Cash In Transit

Cash Centre Management

ATM Related Services

ALVAC is managed by Group4Securicor

Alvac is to be managed by Securicor Plc, a credible integrated security solutions and cash management services provider with extensive experience in over 54 countries.

SME Partnership holds a 30% interest in Alvac.

MEDICARE INVESTMENT SERVICES LIMITED

Medicare Investment Services Limited wholly owns AMC Healthcare Services Limited, company established to provide premium healthcare to staff of corporate and blue chip companies. Its clinic has operated from Victoria Island in Lagos. The Company is planning to setup a second clinic within Lagos and is also exploring an opportunity to add on new specialist services.

SME Partnership holds a 30% equity interest in Medicare Investment Services Limited.

MIDI CORPORATION LIMITED
Midi Corporation Limited was established to provide audio and video production and post-production services to the advertising and entertainment industries in Nigeria. Midi's current facility to covers the whole spectrum of audio and video production activities from conception to the finished product using state-of-the-art technology to achieve top quality productions. The company is expanding its activities to include content production.

SME Partnership holds a 40% equity interest in Midi Corporation Limited.

S & B INCE LIMITED

S & B INCE provides general and commercial printing services, offering one-stop integrated print services to corporate customers. The company which is based in Lagos State, has identified a leading South African Printing Company, Ince Pty, to provide technical and managerial support. The company plans to improve the quality of products on offer as well as introduce new value-added services which include outsourcing and office products and investor communications.

SME Partnership & SME II Partnership holds a 35% interest in S & B Inc Limited.

FREZONE PLANT FABRICATION INTERNATIONAL
Frezone Plant Fabrication International was incorporated to manufacture and sell pressure vessels and render ancillary services to the oil & gas, petrochemical and chemical processing industries. Company is situated at the Onne Free Zone in Port Harcourt.

SME Partnership & SME II Partnership holds 40% equity interest in the company.

NIGERIAN STARCH MILLS LIMITED
Nigerian Starch Mills Limited commenced operations in 1978 producing industrial cassava starch. The company is situated in Ihiala in Anambra State. The company has mechanised cassava farms at Imo, Anambra & Kwara states, which would supply the company with the required raw materials input.

SME Partnership & SME II Partnership holds 23.67% equity interest in the company

ACCION Microfinance

ACCRON Microfinance is a finance company dedicated to the provision of financial services to micro, small and medium enterprises in Nigeria. ACCRON Nigeria was formed in recognition of the identified supply gap in the provision of financial servides to the small & micro- enterprises.

 

REALISED INVESTMENTS

VLA Holdings

SME Partnership fully divested from VLA on 31 March, 2005.

     
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