K Seeds Investments notches another advisory

• Advises Commercial Credit and Finance on amalgamation with Trade Finance and Investments

The amalgamation between Trade Finance and Investments PLC and Commercial Credit and Finance PLC, with the latter as the surviving entity, became effective on 31 December 2020.

As the advisors for the amalgamation, K Seeds Investments Ltd. was entrusted the role to coordinate between all stakeholders, ensure a smooth amalgamation process took place and were also involved in the preparation of the amalgamation document.

The amalgamation took effect by way of a payment in cash by Commercial Credit and Finance PLC to the minority shareholders of the amalgamating company. The amalgamation would result in a combined asset base of approximately Rs. 90 billion and will most importantly enable rationalisation of cost structures and generate cost savings through economies of scale and elimination of duplication of cost bases and personnel while increasing productivity within the amalgamated company, enabling the company to generate stronger returns to shareholders in the long run. 

“We congratulate the amalgamated company and wish them to become the trend setter in the NBFI Sector,” K Seeds Investments said. 

K Seeds Investments is a boutique investment banking firm, specialising in mergers and acquisitions, balance sheet structuring, equity/debt placements, treasury management, corporate restructuring and talent management.