Fairbak Capital Limited
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Registered number: |
08851720
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Director's Report |
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The director presents his report and accounts for the period ended 31 January 2015. |
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Principal activity |
Fairbak Capital Ltd principal activities during the year continued to expand in corporate finance and project finance activities. Our scope of works includes providing investment advice, financial modelling and PPP transaction advisory services in frontier and emerging markets. Following strategic alliance with our partners we were able to provide jointly; services to our clients in oil pipeline projects, strategic planning, impact assessment, scoping and management through a framework agreement. We also carried out Lender liaison on behalf of project sponsors during the year under review. The company is currently in collaborating with a West African Steel company to lead $1.9billion backward integration of their iron ore and steel mill project. Fairbak Capital would be assisting the project sponsors specifically to raise the debt finance through a Chinese EPC contractor to build the 350MW thermal Plant to supply power to the steel mill. Management's main focus from 2015 for the next 2 years is to expand our presence in African countries and open a West African office in Ghana. Again we are happy to report that Eversheds LLP, an international law firm base in the city of London was appointed as our new legal counsel. The management also welcomed Emeritus Prof Brain Scott-Quinn and Doug Friedenberg as non-executive directors of the company with effect from August 2015.
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Directors |
The following persons served as directors during the period: |
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Victor Ababio
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Small company provisions |
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
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This report was approved by the board on 10 October 2015 and signed on its behalf. |
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V. Ababio |
Director |
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