EQUITY PROJECTS
               
A summary of the equity-financed projects of Grameen Fund is given below:
               
         
(in millions of BDT)
Description Total
equity
GF % of
total equity
Financial Performance
Year Total asset Total revenue Net
profit
EPS
(%)
1. Grameen Knitwear Limited
Established in 1997. 100% export oriented composite knitwear project with knitting, dyeing and finishing and garment production facilities. The Company has a preference share of BDT 46.72 million 64.0 32 2005 447.49 808.79 73.73 110.8
               
2. Grameen Bitek Limited
A manufacturing company producing various types of electronics products, such as IPS, voltage stabilizers etc., based on technology developed by local techno-entrepreneurs. GF formed the company in 1997 with 51% equity. The company’s products are suitable to meet local power characteristics and are well accepted by the market. 4.0 51 2005 15.63 27.40 3.03 75.65
               
3. Grameen CyberNet Limited
Formed with 51% equity financed by Grameen Fund. It is one of the pioneer Internet service providers of the country. 15.0 51 2005 47.43 72.43 10.81 72.08
               
4. Grameen Capital Management Limited
Grameen Fund entered in the arena of merchant banking through formation of Grameen Capital Management Ltd. (GCML). The company is performing all merchant banking activities such as issue management, portfolio management, underwriting, corporate advisory services etc. GCML's main focus is to develop ways to establish a bridge between rural poor and the modern capital market. 20.0 75 2005 31.56 5.94 2.79 13.94
               
5. Rafiq Autovan Mfg. Ind. Ltd.
This is a tri-wheeler manufacturing project with private entrepreneurs Mr. Rafiqul Islam – a rural auto mechanic and Engineer Hasan Reza, using their indigenous design. The vehicle with four–stroke engine has got certificates for road safety, low pollution and eco-friendliness. 3.05 40 2005 4.2 14.49 (1.09) N/A
               
6. Grameen Software Limited
Grameen Software Ltd. (GSL), is a joint venture in collaboration with private entrepreneurs. The company aims to develop software for local and foreign markets. 37.78 16.30 2005 73.59 17.73 (2.66) N/A
               
7. Grameen Star Education Ltd.
For better management and improved quality, the IT training program of Grameen Software Ltd., is separated to form a full-fledged company. The aim is to develop the human resources required for the Information & Communication Technology industry, which is now a thrust sector. 1.0 65 2004 7.20 1.14 (0.76) N/A
               
8. Grameen IT Park Ltd.
Grameen IT Park Ltd. (GITP), a joint venture with GSL and Grameen Kalyan, was established to provide facility services to IT Companies. 15.15 29.37 2004 N/A N/A N/A N/A
               
 
     
 
Trademarks & Copyright© 2000 Grameen Commiunications.Last update on January 10,2007.