Saif Group Bid Forms

8/11/2019 Saif Group Bid Forms

1/10

Page 1 of 10

INSTRUCTIONS FOR BIDDING

OFFER FOR SALE OF SHARES OF SAIF POWER LIMITED (THE COMPANY) THROUGH BOOK

BUILDING PROCESS WITHIN A PRICE BAND OF PKR 18/- PER SHARE TO PKR 30.00 PER SHARE

The Present Offer comprises of48,308,500 Ordinary Shares (12.50% of Total Paid Up Capital) of Face Value of PKR 10/-

each

Book Building Poron of the Offer comprises of36,231,500 Ordinary Shares (75%of the Total Offer) at a Price band of PKR

18.00/- per share to PKR 30.00 per share (including premium ofPKR 8.00/- per share on Lower Limit and premium of PKR

20.00 per shareon Upper Limit of the price band)

InstruconsforFillingtheBiddingForm

1. The biddingperiodshallremainopen from09:00 AM onSeptember 30,2014to05:00 PM on

September 30,2014.

2. Fillinallthe parcularsofthe formaccuratelyin BLOCK LETTERS.

3. Kindlyprovide a copyofCNIC orpassport(in case ofHNWI)orNTN Cerficate/Cerficate of

Incorporaon (in case ofcompanies)alongwith the biddingform.

4. Applicants are requested to provide accurate contact details. Please provide accurate

landline number(s), mobile number(s), faxnumber(s)and emailaddress(es).

5. Submit completebiddingformalongwiththe margin moneyviaDemandDras,Pay Orders

or online transfer only.

PleaseNote:

1. For deposit of margin money, only Pay Orders, Demand Dra or online transfer will be

accepted.

2.

Receiving willonly be providedon duplicate bidding form.Please ensure that a duly filled

duplicate biddingformissubmied withat the meofplacement ofbid.

3. The bidder is required todulyfillAddionalPaymentForm fordeposingaddional funds

forenhancement ofdepositamount.

4. Investorscan reviseand withdrawtheir bidsby nofyingthe BookRunner. Bid revisionscan

be done ll7:00 pm,however,withdrawalscanbe done ll5:00 pm.

5. AllPayments tobe made infavorofOfferforSaleof Sharesof Saif PowerLimited- Book

BuildingAccountat any ofthe followingbiddingcenters:


2/10

Page 2 of 10

Karachi

ContactOfficer: MahmoodKamal

DirectNo.: 021 3246 2597

Mobile No.: 0312 180 3448

PABX No.: 021 111245111

FaxNo.: 021 32429653

Email: [email protected]

PostalAddress: ArifHabibCenter, 23 MT Khan Road, Karachi

Lahore

ContactOfficer: TahirAbbas

DirectNo.:

Mobile No.: 0312 860 7372

PABX No.:

FaxNo.:Email: [email protected]

PostalAddress: Room# 220, ArifHabibLtd, Lahore StockExchange,Lahore

Islamabad

ContactOfficer: Abdul Qadir

DirectNo.:

Mobile No.: 0312 180 3447

PABX No.:

FaxNo.:

Email: [email protected]

PostalAddress: Corporate Center, HBL Tower, Blue Area, Islamabad

6. CASH SHOULD NOT BE SUBMITTED WITH BIDDING FORM AT THE BID COLLECTION CENTER.

7. THE BID SHOULD BE SUBMITTED ON THE PRESCRIBED BIDDING FORM IN PERSON OR

THROUGHFAX AT THE NUMBERmenoned in note 5 above.

8. The bidders are requested to fill in both the original and duplicate copy of bidding forms

completely.Uponsubmission,they willreceivebackthe dulysignedand stampedduplicate

formoftheirbidswhichwillbe proofoftheirbidsubmission.In caseoffacsimile,a copyof

formwith receivingwillbe faxedbackto the bidder. The bidder willnotbe providedwith

any receivingifa duly filled duplicate formisnot submiedalongwiththe bid.

9. Bidscanbe placedat limit price orstepbid.

a) PaymentforLimitPrice

Ifinvestorsare placingtheir bidsthrough limitprice then they shalldepositthe margin

moneybased onthe number ofshares they are biddingforat their stated bid price.


3/10

Page 3 of 10

ofPKR120,000,000.

b) PaymentforStepBids

If investorsare placinga StepBid,which isa series of limit bids at increasingprices,

then they shall deposit the Margin Money/Bid Amount based on the total number of

shares they are biddingforat theirstated bidprices.

Forinstance, ifthe investor Bidsfor0.5 millionshares at PKR21/-per share, 0.4 million

shares at PKR 22/- per share and 0.3 million shares at PKR 23/- per share, then in

essencethe investorhas placedoneStepBidcomprisingthree limitBidsat increasing

prices. The Margin Money would amount to PKR 26,200,000, which is the sum of the

productsofthe numberofshares Bidforand the Bid priceofeach limitBid. In such a

case, (i)HNWI shalldepositPKR26,200,000 in the BookBuildingAccount as Bidamount

which is100% ofPKR26,200,000 and (ii)Instutionalinvestors shalldepositat least PKR

6,550,000 in the Book Building Account as Margin Money which is 25% of PKR

26,200,000.

10.

Bid/margin moneyshallbe deposited through demanddra, pay order,oronline transfer

only. The applicant, if HNWI, shall submit amount of 100% of the applicaon money as

bid/margin money whereas Instuonal Investors shall submit not less than 25% of the

applicaonmoney.

11.Bidders canplace their bidswiththe BookRunner from09:00 AM onSeptember 30th, 2014,

to05:00 PM on September 30th, 2014.

12.Bidderscan reviseorwithdrawtheirbids duringthe biddingperiod.Fordetails, pleaserefer

toPara 2.13 and 2.15 ofthe Preliminary Prospectus.

Book Runnershallnot acceptand ENTER anynewBidaer5:00 p.m.duringtheBiddingPeriod,

includingthosereceivedinthebidcolleconcenters.Aer5:00 p.m.nobidshallbeenteredinto

thesystemorwithdrawnevenif theBidapplicaonshavebeenreceivedfrom theinvestor.Online

revisionwill howeverbeallowedtothebidderll 7:00 p.m.

13.The biddercanviewthe colorofthe booki.e., Bidpriceand numberofshares againsteach

bid price online anyme during the bidding period at the following website:

www.kse.com.pk.

14.Successful bidders shall be inmated, within two (2) working days of the closing of the

bidding period, the strikepriceand the number of shares provisionally alloed to each of

them.

15.The successfulinstuonalbiddersshall,within seven(7) workingdaysofthe closingofthe

biddingperiod, depositthe balance amount, if required, as consideraonagainst allotment

ofshares.

16.Where a successfulbidderdefaultsinpaymentofshares alloedtohim,the marginmoney

deposited by suchbidder shallbe forfeitedtothe BookRunner.


4/10

Page 4 of 10

bidders


5/10

OFFER F

BOOK B

PLEA

Name

Addres

Fax #

Paymen

Amoun

Figures

Banker

CDC Pa

Sub Ho

CDC In

Saif Hol

APTMA

Jamrud

Peshaw

Dear Sir

On the

September 19,2014, I/we hereby bid for subscrip

BidOp

LimitO

StepO

Opon

Opon

Opon

Opon

Total(

Importan

1) Bids

fract

1,00

SAIF POWE

OR SALE OF

ILDING PRO

E FILL THE F

s

tDetails:

t in

sName,Ad

rcipantNa

useA/C No

estorServic

ingLimited,

House, Tehka

Road,

ar, Pakistan

,

asisof Preliminary Offerf

on of shares

ion(Pleaset

rder

der:

(1)

(2)

(3)

(4)

hares andBi

t Instrucons:

should be plac

ionalshareswi

0,000.

R LIMITED

RDINARY S

CESS WITHIN

RM IN BLOC

Emai

Paymentsto b

ress& Branc

e

A/C ID

Payan,

ofthe Compan

No. of

ick) (I

d)

ed for a minim

llnot beaccep

ARES OF SAI

A PRICE BAN

K LETTERS. P

l:

emadeinfav

Instrum

h

y as under:

SharesBidf

Figures)

m amount of

table. Please e

B

F POWER LI

D OF PKR 18

LEASE MAKE

Local

Instu

Cell #

LandLine

rof: Offer fo

entNo.

CDC Detailsf

CDC De

r Bidpric

(In

PKR 1,000,000.

nsure that ae

iddingFor

ok Runn

ITED (THE

- TO PKR 30.

SURE TO PR

tionalInvesto

CNIC/NTN

Sale of Share

rSub A/C a

CDC Parcipa

HouseA/C N

ailsforInves

CDC Investor

idDetailsepershare

igures)

It should also

r rounding the

r

OMPANY

00/- PER SHA

VIDE ACCUR

Please Ti

r

Fo

Ins

Reside

NonR

Foreig

/PassportN

of Saif Power

Instrume

Date

dHouseA/C

ntID No

.

torA/C

A/C No

BidAmo

(Infigur

be noted that t

numberof sha

TickOn

Biddi

Biddi

Biddi

R SPL) BY

RE

TE DETAILS

ck the appro

reign

tuonalInv

nt

sident

ner

.

Limited - Boo

nt

nt

s)

he numberof

res mulplied

________

e KHI

gstartson

gendson

gform No.

AIF HOLDIN

TO AVOID A

riate box

estor

Naona

Building Acco

Mar

%ag

Total

(Inf

sharesbid for s

y your bid pri

__________

LHR I

GS LIMITED T

Y INCONVEN

HighNet W

Individuals

lity

unt

gin

e

Amount

igures)

hould beroun

e is at leastPK

__________

Signature

SB

September 30th, 2014


HROUGH

IENCE

orth

ed and

R

_______

of Bidder

or Sale Docum nt by SaifHoldingsLimited for the saleofits shareholdinginSaifPower Limited dated

Page 5 of 10


6/10

In terms of the Listing Regulations of the Karachi Stock Exchange (KSE or the Stock Exchange), I/we am/are eligible to bid in this

Offer For Sale. The amount payable on biding is remitted herewith which is the applicable margin amount. I/We agree to pay the

balance amount of application money, if any, upon successful allocation of shares. In case no shares are allotted to me/us you are

hereby authorized to return to me/us by demand draft/pay order/cheque application money, within three (3) working days of the

close of the bidding period, through courier, to the first address written below or to the bank through which I/we tender this

application.

I/We agree that this is a binding agreement to accept the number of shares as may be allocated to me/us subject to the terms of

the preliminary Offer for Sale Document, the bidding form and other applicable laws. I/ we undertake that I/we will sign all such

other documents and do all such acts, if necessary on my/our part to enable me/us to be allocated/allotted/transferred the shares

and to pay for the same. I/we authorize you to place my/our name(s) on the register of the members of the Company as holder(s)

of the Ordinary Shares that will be allocated/allotted/transferred to me/us and to register my/our address as given below. I/ We

noted that the Book Runner is entitled, in its absolute discretion to accept or reject this Bidding Application for reason(s) to be

recorded in writing and the reason(s) should be disclosed to us forthwith. I/We have no objection if there are necessary changes

made in the preliminary Offer for Sale Document for filling of the same with the Securities and Exchange Commission of Pakistan

(SECP).

I understand that the Offeror, the book runner, SECP and the Stock Exchanges(s) reserve the right of legal action against me under

the law, if I submit a fictitious bid and/or my the instrument deposited by me for margin money is bounced.

I DECLARE THAT: i) I AM/WE ARE NATIONAL(S) AND RESIDENT(S) OF PAKISTAN; ii) FORIEGNER; iii) I AM/WE ARE NOT MINOR(S); iv)

I/ WE HAVE NOT MADE NOR HAVE I/WE INSTRUCTED ANY OTHER PERSON(S)/INSTITUTION(S) TO MAKE ANY OTHER

APPLICATION(S) IN MY/OUR NAME(S) OR IN THE NAME OF ANY OTHER PERSON ON MY/OUR BEHALF OR IN ANY FICTITOUS NAME,

IN CASE OF ANY INFORMATION GIVEN HEREIN BEING INCORRECT I/WE UNDERSTAND THAT I/WE SHALL NOT BE ENTITLED FOR

ALLOCATION/ALLOTMENT/TRANSFER OF SHARES.

Important Instructions:

Receiving will only be provided on duplicate bidding form. Please ensure that a duly filled duplicate bidding form is submitted with

at the time of placement of bid.

For deposit of margin money, only Pay Orders, Demand Drafts, or online transfer will be accepted.

In case of intercity instruments, Payorder Payable at any branch will be accepted. For the purpose of expediting the clearing of

instruments, it is highly recommended that Payorder should be made from online branches of respective banks.

Investors can revise and withdraw their bids online. Please visit www.bkb.kse.com.pk to access online portal. User name and

password will be emailed to you on email address provided in the form. Please ensure that you provide correct email address while

online access will be available for bid revisions and withdrawal from 9:00 am to 5:00 pm on the day of bidding. Investors can revise

their bids only through online access till 7:00 pm. The bidder can also revise the order category during 5.00 pm to 7.00 pm on the

day of bidding. Please note that during 5:00 pm to 7:00 pm bid withdrawal will not be allowed.

Yours Faithfully,

Signature:________________________________________________________

To be filled in by the Book Runner

Time of Receipt Date Location Amount

Pay Order No./

Demand Draft No.

Online Trans. No.

Stamp

Page 6 of 10


7/10

OFFER F

BOOK B

PLEA

Name

Addres

Fax #

Paymen

Amoun

Figures

Banker

CDC Pa

Sub Ho

CDC In

Saif Hol

APTMA

Jamrud

Peshaw

Dear Sir

BidOp

LimitO

StepO

Opon

Opon

Opon

Opon

Total(

Importan

1) Bids

fract

1,00

SAIF POWE

OR SALE OF

ILDING PRO

E FILL THE F

s

tDetails:

t in

sName,Ad

rcipantNa

useA/C No

estorServic

ingLimited,

House, Tehka

Road,

ar, Pakistan

,

ion(Pleaset

rder

der:

(1)

(2)

(3)

(4)

hares andBi

t Instrucons:

should be plac

ionalshareswi

0,000.

R LIMITED

RDINARY S

CESS WITHIN

RM IN BLOC

Emai

Paymentsto b

ress& Branc

e

A/C ID

Payan,

No. of

ick) (I

d)

ed for a minim

llnot beaccep

ARES OF SAI

A PRICE BAN

K LETTERS. P

l:

emadeinfav

Instrum

h

SharesBidf

Figures)

m amount of

table. Please e

Dupli

B

F POWER LI

D OF PKR 18

LEASE MAKE

Local

Instu

Cell #

LandLine

rof: Offer fo

entNo.

CDC Detailsf

CDC De

r Bidpric

(In

PKR 1,000,000.

nsure that ae

ateBiddin

ok Runn

ITED (THE

- PER SHARE

SURE TO PR

tionalInvesto

CNIC/NTN

Sale of Share

rSub A/C a

CDC Parcipa

HouseA/C N

ailsforInves

CDC Investor

idDetailsepershare

igures)

It should also

r rounding the

Form

r

OMPANY

TO PKR 30.0

VIDE ACCUR

Please Ti

r

Fo

Ins

Reside

NonR

Foreig

/Passport N

of Saif Power

Instrume

Date

dHouseA/C

ntID No

.

torA/C

A/C No

BidAmo

(Infigur

be noted that t

numberof sha

TickOn

Biddi

Biddi

Biddi

R SPL) BY

/- PER SHAR

ATE DETAILS

ck the approreign

tuonalInv

nt

sident

ner

.

Limited - Boo

nt

nt

s)

he numberof

res mulplied

________

e KHI

gstartson

gendson

gform No.

AIF HOLDIN

E

TO AVOID A

riate box

estor

Naona

Building Acco

Mar

%ag

Total

(Inf

sharesbid for s

y your bid pri

__________

LHR I

GS LIMITED T

Y INCONVEN

HighNet W

Individuals

lity

unt

gin

e

Amount

igures)

hould beroun

e is at leastPK

__________

Signature

SB

HROUGH

IENCE

orth

ed and

R

_______

of Bidder

Page 7 of 10



On the



on of shares ofthe Company as under:or Sale Docum nt by SaifHoldingsLimited for the saleofits shareholdinginSaifPower Limited dated


8/10

Page 8 of 10

In terms of the Listing Regulations of the Karachi Stock Exchange (KSE or the Stock Exchange), I/we am/are eligible to bid in

this Offer For Sale. The amount payable on biding is remitted herewith which is the applicable margin amount. I/We agree to pay

the balance amount of application money, if any, upon successful allocation of shares. In case no shares are allotted to me/us you

are hereby authorized to return to me/us by demand draft/pay order/cheque application money, within three (3) working days of

the close of the bidding period, through courier, to the first address written below or to the bank through which I/we tender this

application.

I/We agree that this is a binding agreement to accept the number of shares as may be allocated to me/us subject to the terms of

the preliminary Offer for Sale Document, the bidding form and other applicable laws. I/ we undertake that I/we will sign all such

other documents and do all such acts, if necessary on my/our part to enable me/us to be allocated/allotted/transferred the

shares and to pay for the same. I/we authorize you to place my/our name(s) on the register of the members of the Company as

holder(s) of the Ordinary Shares that will be allocated/allotted/transferred to me/us and to register my/our address as given

below. I/ We noted that the Book Runner is entitled, in its absolute discretion to accept or reject this Bidding Application for

reason(s) to be recorded in writing and the reason(s) should be disclosed to us forthwith. I/We have no objection if there are

necessary changes made in the preliminary Offer for Sale Document for filling of the same with the Securities and Exchange

Commission of Pakistan (SECP).

I understand that the Offeror, the book runner, SECP and the Stock Exchanges(s) reserve the right of legal action against me under

the law, if I submit a fictitious bid and/or my the instrument deposited by me for margin money is bounced.

I DECLARE THAT: i) I AM/WE ARE NATIONAL(S) AND RESIDENT(S) OF PAKISTAN; ii) FORIEGNER; iii) I AM/WE ARE NOT MINOR(S);

iv) I/ WE HAVE NOT MADE NOR HAVE I/WE INSTRUCTED ANY OTHER PERSON(S)/INSTITUTION(S) TO MAKE ANY OTHER

APPLICATION(S) IN MY/OUR NAME(S) OR IN THE NAME OF ANY OTHER PERSON ON MY/OUR BEHALF OR IN ANY FICTITOUS

NAME, IN CASE OF ANY INFORMATION GIVEN HEREIN BEING INCORRECT I/WE UNDERSTAND THAT I/WE SHALL NOT BE ENTITLED

FOR ALLOCATION/ALLOTMENT/TRANSFER OF SHARES.

Important Instructions:

Receiving will only be provided on duplicate bidding form. Please ensure that a duly filled duplicate bidding form is submitted with

at the time of placement of bid.

For deposit of margin money, only Pay Orders, Demand Drafts, or online transfer will be accepted.

In case of intercity instruments, Payorder Payable at any branch will be accepted. For the purpose of expediting the clearing of

instruments, it is highly recommended that Payorder should be made from online branches of respective banks.

Investors can revise and withdraw their bids online. Please visit www.bkb.kse.com.pk to access online portal. User name and

password will be emailed to you on email address provided in the form. Please ensure that you provide correct email address

while online access will be available for bid revisions and withdrawal from 9:00 am to 5:00 pm on the day of bidding. Investors can

revise their bids only through online access till 7:00 pm. The bidder can also revise the order category during 5.00 pm to 7.00 pm

on the day of bidding. Please note that during 5:00 pm to 7:00 pm bid withdrawal will not be allowed.

Yours Faithfully,

Signature:________________________________________________________

To be filled in by the Book Runner

Time of Receipt Date Location Amount

Pay Order No./

Demand Draft No.

Online Trans. No.

Stamp


9/10

Page 9 of 10

OFFER F

BOOK B

PLEA

Name

Addres

Fax #

Paymen

Amoun

Figures

Banker

CDC Pa

Sub Ho

CDC In

Saif Hol

APTMA

Jamrud

Peshaw

Dear Sir

BidOp

LimitO

StepO

Opon

Opon

Opon

Opon

Total(

Importan

1) I DE

appl

SAIF POWE

OR SALE OF

ILDING PRO

E FILL THE F

s

tDetails:

t in

sName,Ad

rcipantNa

useA/C No

estorServic

ingLimited,

House, Tehka

Road,

ar, Pakistan

,

ion(Pleaset

rder

der:

(1)

(2)

(3)

(4)

hares andBi

tInstrucons:

CLARE THAT I

icable onthe

R LIMITED

RDINARY S

CESS WITHIN

RM IN BLOC

Emai

Paymentsto b

ress& Branc

e

A/C ID

Payan,

No. of

ick) (I

d)

have read all

Bid Revision

ARES OF SAI

A PRICE BAN

K LETTERS. P

l:

emadeinfav

Instrum

h

SharesBidf

Figures)

the termsan

Form.

Bid

B

F POWER LI

D OF PKR 18

LEASE MAKE

Local

Instu

Cell #

LandLine

rof: Offer fo

entNo.

CDC Detailsf

CDC De

r Bidpric

(In

d condions

RevisionF

ok Runn

ITED (THE

- PER SHARE

SURE TO PR

tionalInvesto

CNIC/NTN

Sale of Share

rSub A/C a

CDC Parcipa

HouseA/C N

ailsforInves

CDC Investor

idDetailsepershare

igures)

stated inthe

orm

r

OMPANY

TO PKR 30.0

VIDE ACCUR

Please Ti

r

Fo

Ins

Reside

NonR

Foreig

/PassportN

of Saif Power

Instrume

Date

dHouseA/C

ntID No

.

torA/C

A/C No

BidAmo

(Infigur

ffer forSale

TickOn

Biddi

Biddi

Biddi

R SPL) BY

/- PER SHAR

ATE DETAILS

ck the approreign

tuonalInv

nt

sident

ner

.

Limited - Boo

nt

nt

s)

Document a

________

e KHI

gstartson

gendson

gform No.

AIF HOLDIN

E

TO AVOID A

riate box

estor

Naona

Building Acco

Mar

% a

Total

(Inf

d BidForm.

__________

LHR I

GS LIMITED T

Y INCONVEN

HighNet W

Individuals

lity

unt

gin

e

Amount

igures)

he samewo

__________

Signature

SB

HROUGH

IENCE

orth

ld be

_______

of Bidder



On the



on of shares ofthe Company as under:or Sale Document by SaifHoldingsLimited for the saleofits shareholdinginSaifPower Limited dated


10/10

Page 10 of 10

OFFER

BOOK B

PLEA

Client

(ID ge

Bidof

Payme

Amou

Figure

Banke

Import

2) I D

wo

______

Signatu

To bef

Timeof

SAIF POWE

OR SALE OF

UILDING PR

E FILL THE F

ame

ID:

eratedand

placement)

nts tobemad

t in

s

rsName,Ad

ntInstruco

CLARE THA

uldbe applic

__________

reof Bidder

illedin by t

Receipt

R LIMITEDORDINARY S

CESS WITHI

RM IN BLOC

-mailedatth

infavorof :

dress& Bran

ns:

I haveread

able onthe a

__________

heBook R

Date

ARES OF SAI

A PRICE BA

K LETTERS. P

eme

ffer for Sale o

h

allthe terms

ddionalpa

__________

nner

Lo

Addio

B

F POWER LI

D OF PKR 1

LEASE MAKE

CNIC/NT

Passport

Addi

f Shares of Sai

Instr

and condi

mentform.

aon

al Paym

ook Runn

ITED (THE

/- PER SHAR

SURE TO PR

/

o.

onal Paymen

f Power Limite

mentNo.

ns stated in

Amo

ntForm

er

OMPANY O

TO PKR 30.

VIDE ACCUR

Resident

NonResiden

Foreigner

tDetails

d - Book Buildi

he Offerfor

unt

TickO

Bidd

Bidd

Bidd

R SPL) BY

0/- PER SHA

ATE DETAILS

t

ng Account

Inst

Dat

Sale Docum

Pay Ord

Deman

Online

ne KHI

ingstartson

ingendson

ingform No.

AIF HOLDIN

E

TO AVOID A

ell#

andLine#

ument

nt and BidF

erNo./

DraNo.

rans.No.

LHR

S LIMITED T

Y INCONVEN

Naonality

Marg

%age

orm.The sa

Sta

ISB

ROUGH

IENCE

in

e

mp



Saif Group Bid Forms

Documents

Transcript of Saif Group Bid Forms