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2nd Global Ports Forum, Hyatt Regency Dubai, Dubai UAE, 1-2 February 2017 Finalised Agenda
Thursday, February 2nd, 20172nd Global Ports Forum, Hyatt Regency Dubai, Dubai UAE, 1-2 February 2017 Finalised Agenda
Day 1 : Wednesday 1 February 2017
Opening Ceremony & Welcome Address
8 30am Conference delegate registration. Coffee & Tea served.
9 00am Organiser’s Remarks
Thomas Ng, Executive Chairman
Global Ports Forum
Singapore
9 05 am Opening Address
The Honorable Marios Demetriades
Minister of Transport, Communications & Works
Government of Cyprus
SESSION 1 Industry Outlook & Future
9 20 am Industry Trend and Impact on the Red Sea Ports
Hamdi Nadhrah
Deputy Managing Director
Red Sea Gateway Terminal
Saudi Arabia
9 50 am Tea break and networking among delegates
10 20 am The impact of One Belt One Road on the Middle East
Mark Geilenkirchen
CEO
SOHAR Port & Free Zones
Oman
10 50 am Digital Disruption to the Transport Industry
Torben Eskelund
Director
BoxGrove FZE
United Arab Emirates
11 20 am Port Developments in Middle East & Africa.
Capt Stephen Bilgh
Senior Principal Consultant, Maritime Advisory – South East Europe & Middle East Region
DNV GL – Maritime
United Arab Emirates
11 50 pm Questions and Answers followed by conference delegates Networking Lunch
SESSION 1 Industry Outlook & Future
2 00 pm Industry Outlook and Future –Perspectives on African Ports and Corridors future
Erik Kok
CEO
DSM Corridor Group
Tanzania
2 40 pm Port Challenges – bigger ships, changing trade requirements
Martin Mannion
Ports & Marine Director – Europe, Middle East Africa & India,
AECOM
Dubai, United Arad Emirates
SESSION 2 Ports infrastructure investment and developments
3 20 pm Bulk Liquid Terminals – A Comprehensive Overview for potential Investors
Mike Beviss
Director,
Eastport Maritime Pte Ltd,
Singapore
4 20 pm Questions and answers followed by conference delegates refreshments served & Chairperson’s closing remarks
Day 2 : Thursday 2 February 2017
8 30 am Coffee & Tea served
SESSION 2 Ports infrastructure investment and developments
9 00 am The Africa Integrated Maritime Strategy 2050 (AIMS2050) and its impact on ports investment & developments.
Commander Tsietsi Mokhele
Executive Chairman & Director
ELEKHOM International Maritime Advisory Center/
Ex-CEO, South Africa Maritime Safety Authority (2008- Jun 2016)
South Africa
4 00 pm Risk Identification and Mitigation measures in bulk terminal investments
Mukesh Parikh
Senior Consultant (Marine & Ports),
India
Dubai, United Arab Emirates
10 00 am Port Infrastructure investment and developments – Accustom infrastructural developments to African circumstances
Mari Pennanen
Business Development Director
DSM Corridor Group
Tanzania
10 30 am Questions and answers followed by conference delegates refreshments served
SESSION 3 Current Ports Issues and Strategies
11 00 am Panel Dialogue : (1) The Opening of Iran and its impact on the regional ports industry. (2) Shipping mergers, bankruptcies and NEW shipping alliances – impact on the global ports industry. (3) Re-emergence of global trade protectionism and its impact on trade and global ports industry growth.
Mike Beviss, Director, Eastport Maritime Pte Ltd, Singapore
Mukesh Parikh, Senior Consultant (Marine & Ports), India
Thomas Ng, Chairman, The Global Ports Forum
12 00 pm Questions and answers followed by conference delegates
networking lunch
2 00pm Panel Dialogue: The proposed “One Belt One Road Initiative” by China – Economics, Geopolitics and its Impact on ports in Middle East & Africa
Mike Beviss, Director, Eastport Maritime Pte Ltd, Singapore
Mukesh Parikh, Senior Consultant (Marine & Ports), India
Thomas Ng, Chairman, The Global Ports Forum
3 15 pm Questions and answers followed by conference delegates refreshments served
3.35pm Panel Dialogue: Increasing Chinese global port investments and impact on MENA economies
Mike Beviss, Director, Eastport Maritime Pte Ltd, Singapore
Thomas Ng, Chairman, The Global Ports Forum
Mukesh Parikh, Senior Consultant (Marine & Ports), India
4 30pm Questions and answers followed by Chairperson’s closing
2nd Executive Workshop on Investment Strategies for Green / Brown Field Port Projects, 28-29 Jan 2017, Hyatt Regency Dubai, United Arab Emirates
Monday, January 30th, 20172nd Executive Workshop on Investment Strategies for Green / Brown Field Port Projects, 28-29 Jan 2017, Hyatt Regency Dubai, United Arab Emirates
Dear industry colleagues
SIGN UP TODAY !
About the Course:
This two days training program is focused on Precommencement of Port business usually about 3 years in advance of intended startup. Port business is a capital intensive and long term project with relatively high gestation period. A long period prior to commencement of the business, a lot of preparations on part of the promoters and investors and all related stake holders are essential.
Objective of this program is to provide a clear perspective and development horizons of the Port Project to the decision makers and supporting personnel responsible for the Project.
Deliverables:
At the end of this course, the participants will be able to:
- Identify elements of Maritime Infrastructure and estimate investment required.
- Understand National PPP policy for Maritime Infrastructure Development.
- Analyze Model Concession Agreement to make them more Investment friendly.
- Learn the elements of Detailed Project Report for a Port Project
- Prepare Hinterland Mapping for a Port Location
- Work out Business Volume Forecast for Port with logical assumptions
- Arrive at a basic financial model for Port Project Report
Methodology:
A combination of Class room Training, Interactive workshops, Individual and group case studies will be used. Participants will be provided with advance study / reading material on each topic covered under deliverables.
Policy Related:
Each participant will be encouraged to prepare and make a presentation in accordance with participant’s regional geoeconomic conditions, national policies and local practices. Group studies will be done based on inputs from individual presentation and group findings will be presented during the interactive discussions. Group discussions will be duly moderated. These group discussions would enable the participants to arrive at comparative analysis of: Maritime Infrastructure, Investment options and PPP practices, Concession Agreements / investment friendly incentives in different parts of the globe.
Project Investment and Appraisal Related:
Participants will be provided with a blank structure of Detailed Project Report (DPR) for a Port. Thereafter, they will select a port location form their region and prepare natural hinterland which is targeted for generating cargo volume for the port. While preparing Hinterland Mapping, each participant will take into account outputs from Mineral, Agriculture, Manufactured goods and existing infrastructure linkages with the Port location. When possible, participants will also include planned linkages. The linkages cover Pipelines, rail and road network. Based on Hinterland Mapping for each participant’s region, groups of participants will prepare business volume forecasts for the port project. Case study will be provided for a group exercise to prepare Financial Model for a Port project. In order to create reallife simulation, periodic variations in business volume / revenue may be introduced during the Financial modelling exercise.
Structure:
The course is structured in four sessions:
Session1: This covers Port Development Perspective and Elements of Maritime Infrastructure. Level of port infrastructure and investment required in order to cater to the market requirement. It will also address the National PPP Policy for Port infrastructure development.
Session 2: This session covers Concession Agreements for Port Development. In order to attract private investments for Port development, most of the maritime nations offer attractive terms under Concession Agreements for port development. Draft / model Concession Agreements from different regions will be analysed and discussed in the interactive session.
Session 3: Assessment of market and estimation of business volume for the port is the fundamental and first step in the process of port development. This session covers methodology and structure of market assessment. It also covers mapping of port’s hinterland, identification of infrastructure linkages, competition analysis and preparing USP for the proposed port. Business Volume consists of traffic in metric tons and revenue which form the basis of further evaluation and preparation of Financial Model and Detailed Project Report.
Session 4: This session addresses the subject of Financial Modelling. Based on the inputs from earlier sessions, basic financial model for the port project will be prepared by the participants themselves. This will be done by way of a group case study in which participants will be encouraged to make Business Volume estimation, detailed costs of the project, Income – Expenditure – Profit & Loss and arrive at Financial viability of the Port investment. Financial results of alternate investment options help the decision makers to arrive at optimum decisions in Green / Brown field Port Projects.
Endorsement for the executive workshop from past participants:
“Excellent workshop – case study was related to real port developments & operations. We get to appreciate strategic investment feasibility.”
Ahmad Damanhury Bin Ibrahim, Head of Ports Projects, Westports Malaysia Sdn Bhd
“We got to understand measurement of lease payment to port authority, leant the need of detailed port project and understand the prerequisite of information to engage the government involved for concession agreement.”
Veeranaidu A/L Ramandu, Head of Finance, Westports Malaysia Sdn Bhd
“Learnt the full processes involved in investment decision making and had the chance to interact among the participants and understand further on the few key areas of greenfield/brown field port projects.”
Vijaya Kumar A/L S Puspowanam, Head of Marketing (Container & Conventional), Westports Malaysia Sdn Bhd
Who should attend:
Port Authorities; Port / Terminal developers, Port operators; Port investors, Banks, PE, Financial Institutions; Port Service providers; Shipping Companies, Forwarders, Logistics companies, Intermodal Service providers; Port Equipment Suppliers; Port Designers / Planners; Port Consultants
About the Course Director:
This program will be conducted by Mr. Mukesh Parikh who is associated with Global Maritime Industry for over 35 years. Mr. Mukesh Parikh has a distinction of having hands on Maritime Industry experience with continuous involvement in Training and Development throughout his distinguished career. Mr. Mukesh Parikh has a post graduate degree in Management with specialization in Marketing and Finance. He attended one year training program Professional Shipping at Norwegian Shipping Academy, Oslo.
During his career of 18 years in the Commercial Shipping, he was associated with UNCTAD/UNDP as a Trainer and Course developer. He attended two weeks instructors Workshop (Training for Trainers) organized by UNCTAD / UNDP in collaboration with The Ministry of Transport and Ports in Malaysia at Penang Port Commission. He conducted a number of training Programs in the Middle East, South East Asia and Indian subcontinent including developing a training program on General Shipping Management for Arab Maritime Transport Academy, Sharjah, UAE; covering shipping subjects.
A sound foundation of Shipping Industry and clear understanding of market and customer requirement and expectations from service providers enabled Mr. Mukesh Parikh to build the next phase of his career in Ports and Terminal Industry.
He joined The Adani Group in Senior Management position at the inception stage of Mundra Port in India and made a major contribution to set up Business Development and Marketing Team as well as Establish Standard OperatingProcedures for the entire spectrum of Operations in the Port. He successfully built marketing and operations teams and trained them. His next role was Chief Operating Officer of Sterling Port for setting up integrated Port Facilities at Dahej Port. All stages of Green Field Port development were covered – From site selection to Feasibility, Environment Impact Assessment and Environment clearance for the project, Detailed Project Report, Concession Agreement with Authorities for development of Port infrastructure and facilities on Build, Own, Operate and Transfer model.
Since July 2014, Mr. Mukesh Parikh has taken up advisory and consultancy role for The Maritime Industry. His assignments cover Business volume estimation and hinterland mapping with competition analysis, Revenue forecasts for the life of the project and financial modelling, investment optimization in line with market potential; Commercial and legal aspects of logistics, cargo handling, warehousing contracts; business excellence and standardization of operating procedures; Organization development, structuring and Manpower planning and training.
Costs:
On or Before 1 Dec 2016: The ‘Early Bird’ Rate is USD $2895 – Save USD $400!
Special Offer! – 3 Delegates For The Price of 2 in This Category! Save USD $2895!
- From 2 Dec 2016: The Regular Rate is USD$3295
Special Offer! – 3 Delegates For The Price of 2 in This Category! Save USD $3295!
Note: All fees stated include luncheons, refreshments and complete set of documentation. It does not include the cost of accommodation and travel.
REGISTER NOW!
To register, please submit the following details to thomasng@globalportsforum.com:
Name:
Position:
Organisation:
Address:
Tel:
Fax:
Email:
What Best Describes Your Industry Sector?:
Billing information:
For cheque payments: To be made payable to ‘Global Ports Forum Pte. Ltd.’ Please do not send post-dated cheque.
For telegraphic transfers:
Account Name: Global Ports Forum Pte. Ltd.,
Account No. : 695 477 141 001.
Beneficiary Bank: Oversea-Chinese Banking Corporation Limited, Singapore. (Swift: OCBCSGSG),
Address : 65 Chulia Street #01-00, OCBC Centre, Singapore 049513.
Please supply confirmation via email of the TT from your bank. Transmitting bank charges must be paid by sender. Please quote both delegate and company name as reference.
Kindly note that as we are providing a special rate for ‘early bird’ sign up, we will need to receive your company payment by 2 Dec 2016 to enjoy the discount.
List of Upcoming GPF executive workshops/forums include:
- 1st Global Ports Forum in Singapore, 28-29 Sep 2016, Singapore
globalportsforum.com/global-ports-forum-2016/
- Executive Workshop on Bulk Liquid Terminals, Commercial Considerations for Investment & Financing, 29 – 30 Sept 2016, Singapore
- Executive Workshop on Excellence in Port Operations, 3-4 Oct 2016, Singapore
- 2nd Executive Workshop on Investment Strategies for Green / Brown Field Port Projects, 6-7 Oct 2016, Singapore
- Executive Workshop on Multi Modal Logistics – Value Creation, USP identification & Market Positioning for Ports & Terminals, 10-11 Oct 2016, Singapore
- 2nd Executive Workshop on Multi-Purpose Terminal Business & Operations, 13-14 Oct 2016, Singapore
- Executive Workshop on Global Trade, Macroeconomic Policy and the Impact on Regional Trade and Shipping, 24-25 Oct 2016, Singapore
- Executive Workshop on Use of Technology for Ports and Terminals, 27-28 Oct 2016
- 2nd Executive Workshop on Ports Financing and Investing, 3-4 Nov 2016, Singapore
- Executive Workshop on Excellence in Negotiating & Managing Contracts, 4-5 Nov 2016, Singapore
- Executive Programme on Achieving Excellence in Winning Deals & Effective Sales Management – Proven Techniques & Insights for Ports & Terminals, 7 Nov to 11 Nov 2016, Singapore
- Executive Workshop on Excel in Developing, Implementing & Managing Service Level Agreements, 14 & 15 November 2016, Singapore
- 2nd Executive Workshop on Strategic Planning for Ports & Terminals, 14-15 Nov 16, Singapore
- Executive Workshop on Reefer Container Logistics, 21-22 Nov 2016, Singapore
- 2nd Executive Workshop on Key Fundamentals of Shipping, 24-25 Nov 2016, Singapore
- Executive Workshop on Excellence in Managing Tenancies / Leases – Landlord and Tenant Obligations in Business Tenancies, 15-16 Dec 2016, Singapore
- Executive Workshop on Excellence in Public-Private Partnership Infrastructure Contracts for Non-Legal Professionals – Practical Understanding of Legal and Common Commercial Clauses, 19- 20 Dec 16, Singapore
- 3rd Executive Workshop on Investment Strategies for Green / Brown Field Port Projects, 28-29 Jan 2017, Dubai, United Arab Emirates
- 3rd Executive Workshop on Multi-Purpose Terminal Business & Operations, 30-31 Jan 2017, Dubai, United Arab Emirates
- 3rd Executive Workshop on Ports Financing and Investing, 28-29 Jan 2017, Dubai, United Arab Emirates
- Executive Workshop on Multi Modal Logistics – Value Creation, USP identification & Market Positioning for Ports & Terminals, 30-31 Jan 2017, Dubai, United Arab Emirates
- Global Ports Forum Conference, 1-2 February 2017, Dubai, United Arab Emirates
Look forward to welcoming you at the executive workshops in Singapore!
Kind regards
Thomas Ng
Chairman
The Global Ports Forum
GLOBAL PORTS FORUM PTE. LTD.
10 Anson Road
#26-04
International Plaza
Singapore 079903
Website: www.globalportsforum.com/
Mobile: +65 9684 3289
DID: +65 65197662
Fax: +65 6725 8438
Email: thomasng@globalportsforum.com
Terms & Conditions:
No delegate registration will be accepted without completing registration details and full payment.
Upon receipt of your registration details and full payment, further programme information will be emailed to you including your proforma invoice and, if required, a letter of invitation for entry visa application.
Delegates will not be admitted unless payment has been received in Full.
Flights, Airport Transfers and Accommodation are not included in your delegate registration fee.
Refund Policy – a reimbursement of the registration fee, minus administrative charges will only be made if the participant has notified Global Ports Forum Pte. Ltd. in writing that he/she is unable to attend the event no less than 30 days prior to the commencement of the event. No cancellation is allowed after that, but a replacement with another participant is allowed.
This programme is subject to change without notice, E&O.E.
3rd Executive Workshop on Ports Financing and Investing, 28-29 Jan 2017, Hyatt Regency Dubai, United Arab Emirates
Monday, January 30th, 20173rd Executive Workshop on Ports Financing and Investing, 28-29 Jan 2017, Hyatt Regency Dubai, United Arab Emirates
About the Course
Intense, participative learning about all aspects of Ports related corporate finance in five modules with defined learning objectives, subject content, simulation among participants and deliverables by participants over a 2 day period.
The end of the course each participant will go away with a clear view how each component of Ports Corporate Finance works and how it links with every other part of the business.
- Module One – Financial Analysis – using PSA/ APM Terminals/ DP World As Case Studies
- Module Two – Port Concessions – using a live bid document
- Module Three – Debt Financing in Ports – Business Analysis, Project Financing, Re financing, Case Study – APM Terminals,.
- Module Four – Preparing an Equity Investment Case, ending with a simulation exercise on preparing for PSA’s IPO.
- Module Five – Port M&A, ending with a preparation of a M&A pitch and an acquisition approval presentation to a Board of Directors
Course Format
Pre Course Reading Materials
- Select Ports’ business – last annual report, investor presentation & call transcript; every participant will be sent a reading pack to be read.
During the course
- Overview of corporate finance concepts linked to ports Corporate Finance extensive use of tools.
- While this is not a modelling course, we will use excel to the extent possible, participants with limited exposure to excel will be helped by the trainer during the course.
After course
- Trainer available for follow up emails, questions on phone.
- Distribution of discussion materials.
- Form a participant only online group.
- Video recording / transcript distribution?
Endorsement for the executive workshop from past participants:
“Excellent workshop. Course director is very knowledgeable and the discussions provided good interactions. Like the exercises in P&L, Finance spreadsheets and Due Diligence.”
Capt. Samuel Arava, CEO, ABIJAM Global Enterprises LTD, Jamaica
“A lot of case studies being used which helped us the participants to understand the financing processes better.”
Jonathan Chia, Manager, Portek International Pte Ltd, Singapore
Who Should Attend?
- Non corporate finance professionals from Ports businesses – technical, business development, operations, legal, controllers to get a deeper understanding of the corporate finance function and how their day jobs are linked to the corporate finance function.
- Fresher’s who are joining corporate finance, business development, M&A divisions of Port businesses; equity research analysts, Investment Banking professionals beginning to cover or in the early stages of covering Port Businesses
- Corporate finance or non-corporate finance professionals who interface with Ports as a customer – Heavy Industries (Dry Bulk), Oil & Gas, Freight Forwarders, Shipping Lines, land logistics asset owners or service providers
About the Course Director
Rahul Saikia, Director Corporate Finance & Investment Banking (CFIB), at Pricewaterhousecoopers India, is a Ports & Logistics focussed Investment Banking professional for the last 14 years with transaction closure track record across global M&A, IPO, Private Equity, Debt raises, refinance, concession transactions across ports.
Select Ports Corporate Finance Experience
- Recent Global Advisory Roles
- Sale of Container sea port in Jamaica, Refinancing Dry Bulk port in Canada, Infrastructure Fund investment into an Oil Terminal in UK
- Maritime IPO
- Mundra Port IPO – $380 million, 2007, Pipavav Shipyard (now Pipavav Defence & Offshore) – $100 million, 2009
- Maritime Private Equity Raises & Strategic Transaction Advisory
- Mundra Port – Private Equity raise of $62 million, 2005, Sea King Infrastructure Limited (SKIL) Private Equity raise from AIG Investments – $50 million, 2008, Included preparation of business plan for ports, logistics & shipyard, Shell Hazira LNG – Entry strategy & transaction adviors for Total
Course Introduction
- Introduction to financial statements, financial analysis, corporate finance and how the 3 link up.
- Introduction to the port business – economic rationale, technical, market, operations – Participants to participate with elaboration of their roles
- Port Business Corporate Finance
- Overview of recent Ports transaction global activity
- participants to participate with comments on the assets they are familiar with
Module one – Financial Analysis – using PSA/ APM Terminals/ DP World As Case Studies
Accounting overview
- The Three Core Financial Statements and what they tell you – Income Statement, Balance Sheet, and Cash Flow Statements.
- Financial statement integration
- Core accounting principles
- Ratios for financial analysis and performance measurement
Cash Flow Statement Overview
- Analysing a cash flow statement
- Working capital management
- Cash conversion
- Cash based interest coverage
- Capex expansion – maintenance vs. investment capex
- Free cash flows and net financing requirements
- Leverage multiples
M&A Accounting Overview – Merger – Acquisition accounting overview
Module Two – Port Concessions
- Port – the land lord & its Customers
- Port master planning – overview
- Inventory of a port
- What do customers/ sub concessioners expect from the Port Authority
- CONCESSIONS: Models & Players
- The different Port Models
- Port privatization issues methods and constraints
- Criteria of a port Authority to award a concession to a terminal operator
- Views towards future expansion
- Experience
- Financial results
- Existing clients/potential clients
- Employment in the past and the future
- Business plan
- The needs of the port customers
- The cost of a port
- Impact of a chosen concession system for all players concerned”
- General conditions for concessions
- Governance of the concession policy
- Public –private partnership
- The dual character of a concession
- Tariff policy of a port
- Choosing a Port Over Another – Terminal Operator View
- Granting concession in a port(case study)
- Competition and collaboration between ports
- Rules and regulations for a fair competition between public and private terminal operators:
- Why facilities public and private.
- Reasons to choose a port over another
- Forces stimulating port reform
- Case Study
- Analysis of a live concession bid document
- Simulation – Participants divided into port land lords, competing terminal operators across cargo types – dry bulk, container. liquid
Module Three – Debt Financing in Ports Businesses – Business Analysis, Project Financing, Re financing, Case Study – APM Terminals
Analytic Overview
- Purpose: quantification of borrowing amount by a Port Business and use of funds
- Payback: link credit assessment to primary and secondary sources of repayment
- Risks to repayment: the need for Port as a sector and Port company analysis to evaluate debt servicing ability
- Structure: assess the ability of the debt to meet the commercial needs of the identified Ports business while protecting lenders’ interest
Market Indicators of Credit Risk
- Credit ratings – Review, analysis of at least five Port business ratings reports
- Debt market indicators: bond spreads vs. rating curves and CDS pricing
- Equity signals: share price movements and key multiples – linked to Equity modules
- Risks to Repayment
Macro considerations
- Operating environment
- Influence of social issues
- Government intervention and regulation
- Political and sovereign risk.
Port Sector Analysis
- Sales growth, operating profit margin and working capital requirements
- Capital expenditure and asset requirements
- Competitive forces and critical success factors to sustain a competitive advantage
- Tools to analyze Comparative advantage vis a vis competing ports in the vicinity
Management and Shareholders
- Review the strengths and weaknesses of management and the influence of company ownership:
- Management performance
- Corporate aims and goals and their effect on the company’s future
- Shareholder structure, support and influence.
Business strategy
- A company’s markets, products, services and competitive position
- Corporate actions underpinning its growth strategy.
Earnings dynamics
- Quality and stability of revenue and cash flow from core operations
- Cost base analysis, profitability and cash flow measures
- Peer and ratio analysis to evaluate performance
- Different accounting conventions and misleading accounting practices
Asset management
- Asset conversion cycle, asset efficiency and investment needs
- General and industry specific ratio and cash flow tools to analyse and compare asset efficiency
Cash flow drivers
- Forecast operating performance and asset investment requirements.
- Financial Risk
- Evaluate the appropriateness of a company’s funding structure given all factors identified
Financial strategy
- Corporate treasury objectives:
- Risk appetite of capital providers
- External rating maintenance
- Tenor matching, funding and liquidity and refinancing needs
- Alternative sources of funding: trade, bank debt, capital markets, structured finance, equity etc.
Liquidity
- Financial flexibility: measuring liquidity or payment readiness
- Funding instruments used by companies that can increase the refinancing risk and overall financial risk
Solvency
- Funding structure including off balance sheet obligations
- Debt servicing ability using cash flow analysis
- Rating medians to evaluate a company’s financial standing
- Future cash available for debt service using a simple debt capacity cash-flow model
- Refinancing risk: debt capacity vs. borrowing capacity
- Structure
- Review the appropriateness of existing or new debt instruments
- Debt profiles in view of repayment sources
- Ranking: different ways to achieve seniority or pari passu ranking vs. other capital providers
- Safeguards: the use of financial and non-financial covenants to mitigate risk
- Pricing fundamentals: bond prices, swaps and CDS.
Deliverable – Credit note on a financing, refinancing proposal by APM Terminals
Module Four – Preparing an Equity Investment Case
- Land lord & Terminal Operator
- Analysis of one PE and one IPO concluded transaction
- Preparing the investment case
- Preparing transaction documents – IPO, Private Equity
- Following a listed company – Earnings call, analyst notes for building investment cases, generating transaction ideas
Simulation – PSA IPO
Participants to be divided into Groups – PSA offeror, Investor Groups, Bankers, Lawyers
- Preparing for PSA’s IPO
- Investment case
- Pricing
- Investor targeting
Module Five – Port M&A
- Overview of M&A activity in Ports
- Trends in Landlord Ports, Terminal Operators
- Building a case for M&A
- M&A & Strategy Linkages
- Originating M&Q transaction
- Financial Analysis, Valuation & M&A Pricing
- M&A Due Diligence
- M&A Stricture & Documentation
- M&A Integration
Simulation & Deliverables
- Pitching for a M&A mandate
- Making an acquisition note for Board Approval
Costs:
On or Before 1 Dec 2016: The ‘Early Bird’ Rate is USD $2895 – Save S$400!
Special Offer! – 3 Delegates For The Price of 2 in This Category! Save USD$2895!
- From 2 Dec 2016: The Regular Rate is USD $3295
Special Offer! – 3 Delegates For The Price of 2 in This Category! Save USD $3295!
Note: All fees stated include luncheons, refreshments and complete set of documentation. It does not include the cost of accommodation and travel.
REGISTER NOW!
To register, please submit the following details to thomasng@globalportsforum.com:
Name:
Position:
Organisation:
Address:
Tel:
Fax:
Email:
What Best Describes Your Industry Sector?:
Billing information:
For cheque payments: To be made payable to ‘Global Ports Forum Pte. Ltd.’ Please do not send post-dated cheque.
For telegraphic transfers:
Account Name: Global Ports Forum Pte. Ltd.,
Account No. : 695 477 141 001.
Beneficiary Bank: Oversea-Chinese Banking Corporation Limited, Singapore. (Swift: OCBCSGSG),
Address : 65 Chulia Street #01-00, OCBC Centre, Singapore 049513.
Please supply confirmation via email of the TT from your bank. Transmitting bank charges must be paid by sender. Please quote both delegate and company name as reference.
Kindly note that as we are providing a special rate for ‘early bird’ sign up, we will need to receive your company payment by 1 Dec 2016 to enjoy the discount.
Look forward to welcoming you at the executive workshops!
Kind regards
Thomas Ng
Chairman
The Global Ports Forum
GLOBAL PORTS FORUM PTE. LTD.
10 Anson Road
#26-04
International Plaza
Singapore 079903
Website: www.globalportsforum.com/
Mobile: +65 9684 3289
DID: +65 65197662
Fax: +65 6725 8438
Email: thomasng@globalportsforum.com
Terms & Conditions:
No delegate registration will be accepted without completing registration details and full payment.
Upon receipt of your registration details and full payment, further programme information will be emailed to you including your proforma invoice and, if required, a letter of invitation for entry visa application.
Delegates will not be admitted unless payment has been received in Full.
Flights, Airport Transfers and Accommodation are not included in your delegate registration fee.
Refund Policy – a reimbursement of the registration fee, minus administrative charges will only be made if the participant has notified Global Ports Forum Pte. Ltd. in writing that he/she is unable to attend the event no less than 30 days prior to the commencement of the event. No cancellation is allowed after that, but a replacement with another participant is allowed.
This programme is subject to change without notice, E&O.E.
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