Press release -

Elite Capital & Co. Limited expands services offering in Europe

London, UK (AGENCIES) August 5, 2014

Dr. Faisal Khazaal, the Chairman and Founder of Elite Capital & Co. Limited (ECC), formerly known as “Legal Escrow Services Limited", announced today that the company is expanding its service offering across all European Economic Area (EEA) Member States. This reflects the company’s growing number of clients in the EEA region and beyond, and the increased scope of regulated activities that ECC wishes to undertake in the near future.

ECC has been working with a number of sovereign and institutional clients, in order to acquire funding for their respective projects. These clients carry out a diverse scope of business activities, which correlate to an equally wide range of activities that are regulated by the financial authorities. Therefore, ECC has opted to apply for a license which permits the company to perform a greater range of regulated activities in all EEA Member States.

In order to support its expanded service offering, Elite Capital & Co. Limited will be making a number of changes to the company’s structure as follows: 

· From July 1st, the Head Office has been moved to Basil Street, Knightsbridge, London.

· The company website has changed to http://www.elitecapital.eu, and has the companies new address and contact numbers.

· Application is underway for the EEA license which allows a range of additional services to be executed for our clients. (Whilst the new EEA license is being implemented, which includes the UK, we’ve had to temporarily de- activate our UK only FCA license).

George Matharu, President and Board Member of Elite Capital & Co. Limited, said “This change in structure marks a new era for the company, and will allow us to grow exponentially over the coming years”.

"To be granted a regulated activities license in all EEA Member States, Elite Capital & Co. Limited signed a legal counsel's contract with WDM International, a world leading Legal, Tax, and Corporate Advisory firm" George added.

WDM International is a European Union multidisciplinary firm, based in Malta which was founded in 1994. The legal services arm of WDM International, namely WDM Lex Advisory provides regulated industry consultancy, local and international tax advice and residence planning for high net worth individuals. The firm is also licensed by the Malta Financial Services Authority, to provide trustee and co-trustee services.

Dr. Faisal Khazaal and Mr. George Matharu concluded their statement by saying "We are targeting the registrations in the European Economic Area by the end of November 2014".

-- Elite Capital & Co. Limited - Contact Details --

THE UK HEAD OFFICE

Elite Capital & Co. Limited 
14 Basil Street 
Knightsbridge 
London, SW3 1AJ 
United Kingdom

Telephone: +44 (0) 203 7555 327 
Facsimile: +44 (0) 203 725 9922

Website 
www.elitecapital.eu

-- WDM International - Contact Details --

THE HEAD OFFICE

WDM International 
35, The Penthouse, 
Salvu Psaila Street 
B'Kara, BKR 9072, Malta

Telephone: +356 2123 2096

Website 
www.wdm.com.mt

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PR from: http://www.elitecapital.eu/news/20140002.html

Topics

  • Economy, Finance

Categories

  • business
  • eu
  • europe
  • finance
  • financial
  • investment
  • les
  • loan
  • services
  • uk
  • elite
  • ecc
  • elite capital
  • capital
  • london
  • gb

OverviewElite Capital & Co. Limited is a private limited company that provides project related services including Management, Consultancy and Funding, particularly for large infrastructure projects.

Elite Capital & Co. Limited has its head office in London (UK), with our Board Members, Staff and Agents being located across the Middle East, Asia and Europe. We have multi lingual staff to ensure that we can accommodate all of our client’s needs.

Elite Capital & Co. Limited offers a wealth of experience in Banking & Financial transactions and has a range of specialized advisory services for private, SME or corporate clients.

When required we can also customize and structure our products and services to meet the specific needs of our clients. We will continue to customize, structure, create and implement funding products and services as the need requires.

Elite Capital & Co. Limited has made strategic alliances with several organizations and companies which have given us access to international markets in Asia, Africa, Middle East and GCC regions. This has given Elite Capital & Co. a substantial foundation of clients to build on, in addition to access to the markets that are most in need of the products and services we offer.

Aim
The aim of Elite Capital & Co. Limited is to facilitate the commencement and completion of Infrastructure projects, stimulate economy, create employment and combat poverty.

Types of ProjectOur services are suitable for all types of Infrastructure Projects in either Greenfield (Pre Operations Stage) or Brownfield (Operations Stage) including but not limited to Sea Ports, Airports, Railway, Bridges, Roads and Highways, Water and Sanitation Utilities, Energy, Communications, Hospitals, Schools and Social Infrastructure etc. This includes other projects or activities that impact positively on the relevant country’s basic infrastructure including the manufacturing of components used in infrastructure (such as cement and steel) and infrastructure associated with mining and agribusiness.

Size of ProjectMinimum of USD 10M (United States Dollars Ten Million) and upwards.

Loan to ValueUp to 100% of project financing required.

TermUp to 15 years for the design, build and finance component and up to 30 years for the ongoing operation component.

OperationProjects can be either BOOT (Build, Own, Operate, Transfer) BOO (Build Own Operate), BOT (Build Own Transfer), BTO (Build, Transfer, Own), BT (Build Transfer), BLT (Build, Lease, Transfer), BRT (Build, Rent, Transfer) or PPP (Public Private Partnership).

LocationsAll countries can be considered. Countries currently engaged in war or politically unstable environments or sanctioned countries will not be suitable. All projects must adhere to local and international environmental, health, safety and social standards as required.

Suitable forPrivately held projects, Public & Private Infrastructure Operators, National & Local Governments, NGOs and Financial Institutions.

Funding CollateralCommercial Bank Instruments; Bank Guarantees, Bonds, Medium Term Notes, or other Bank Debt Instruments issued by banks rated ‘BB+’ or better, but this can be reviewed on a case-by-case basis.

Sovereign Guarantee; Elite Capital & Co. Limited is able to facilitate funding for Government and Infrastructure Projects against a Sovereign Guarantee subject to the Sovereign Guarantee being ratified by the relevant authorities and departments, namely the Central Bank and Ministry of Finance in the respective countries. In some cases the Sovereign Guarantee may need to be confirmed by a Commercial Bank.

Resource Guarantee; The option is available to fund projects against a Resource Guarantee such as an Oil Guarantee or any other significant and valuable minerals or resources that the country has may also be considered.

Promissory Notes; Corporate Promissory Notes endorsed by a commercial bank can be useful if the project has bankable assets that can be used for leverage financing.