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Quay Magnesium Limited
Float/IPO closing 3rd September 2004
Quay Magnesium is looking to raise $45M under this IPO to fund the design, construction and commissioning of a 30,000 tonne per annum high grade magnesium alloy plant in the city of Nanjing, China. The Plant will be designed to produce the higher quality, high performance, magnesium alloys that are in demand by the automotive and aerospace industries both now and in the future. Industries such as the automotive industry in China currently grow at 30% plus per annum.
Quay should be provided with an abundant source of its main input. China produces 70% of the world's output, a fact driven by low capital and labour costs.
This is an exciting opportunity which invites you to become a shareholder in a company which seeks to combine the benefits of higher alloy revenue with the advantages of access to primary metal, local operating costs and a significantly lower tax rate to maximize returns on capital invested. To find out more information or to request a prospectus please click here.
New OM-IP Capital Guaranteed Fund - OM-IP 15seven Limited
Close-ended fund
InvestSMART is pleased to inform the hoards of OM-IP supporters that OM-IP's latest offering is a shorter than usual time-frame - only a seven year term maturing on 30th September 2011. Similar to other OM-IP funds, OM-IP 15seven Limited aims to generate medium-term capital growth of 15%pa* with the security of a capital guarantee and a rising guarantee from National Australia Bank+. For more details and to request a prospectus please click here.
We're offering a 100% rebate of the sales commission (i.e. 4%) when investing via InvestSMART - SAVE 4% !
AMP Capital China Fund
Close-ended fund. Closing tomorrow - Friday 30th July 2004.
Regards The InvestSMART Team
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