Corporate Transactions

Ministry of Defence
Prepared a Business Plan on behalf of the Government of Ghana through the Ministry of Defence for Raising USD150.0 Million for Peace Keeping Operations of the Ghana Armed Forces.

Drivers Vehicle License Authority (DVLA)
Project Finance & Management for Drivers License For Ghana
Consultants for preparing Bid Documents, Business Plan, Valuation and Raising of Finance for the Project. Project included Restructuring of all 23 Sites of the DVLA with ICT Supported by DIGIMARC of the US. Raised US$2.7 Million for the project.

Benso Oil Palm Plantation (BOPP)
Valuation, Offer Document & Financial Advisory
Initial Public Offering of Benso Oil Palm Plantation (BOPP) to off-load Government of Ghana’s 40% shares through the Ghana Stock Exchange. Offer was valued at USD8.0 Million. Shares were over-subscribed by more than 80%.

Ayensu Starch Company
Valuation & Debt/Equity Swap
Prepared Valuation and Share Pricing of Common Shares. Advised GOG on debt/equity swap and the holding of shares in trust of farmers.

Social Security & National Insurance Trust (SSNIT)
Valuation and Advisory
Valuation of Private Equity Holdings in the following companies:
- Merchant Bank
- SG-SSB Bank
- Ghana Oil Palm
- Ghana Industrial & Commercial Estates
Performed Corporate Valuation analysis of the above companies for SSNIT to establish their open market values.

Sino Africa Development Company
CIDAN developed the Business Plan for raising USD18.6 Million to develop offices for Members of Parliament in Ghana.
The project is being developed by Sino Africa Development Company Limited (SADC) in partnership with the Ministry of Water Resources Works & Housing (MWRWH) and Members of Parliament Affairs (MOPA).

Universal Oil Company
Project Finance through private placement.
CIDAN Restructured GHS8.3 Million Debt, Recapitalized the Company with Equity, Debt and Suppliers Credit.

ZoomLion Ghana Ltd
Feasibility/Project Finance Document
Prepared Feasibility and Financial Proposals for Raising USD14.0 Million for the importation of Refuse Bins on behalf of ZOOMLION.

Ezi Savings & Loans Co. Ltd (Now - First Trust Savings & Loans)
Valuation and Private Placement
Financial Advisors for raising Private Equity for the company in order to meet the Bank of Ghana Capital Adequacy requirement. Prepared the Valuation and Share Pricing Report as well as a Private Placement Document for raising US$1.5 Million.

Vikings Hostels Limited
(Hostel within the University of Ghana Campus)
Valuation and Private Placement
Financial Advisors for raising of Funds for the construction of a Hostel Facility for the University of Ghana.
Project Cost: US$10.0 Million
Also Acting as The Fund Manager for the Project

Standard Chartered Bank (SCB)
Valuation, Offer Document & Financial Advisory
Prepared Valuation and Pricing for Preference Shares Report as well as Offer Document for raising US$10.0 Million.
Preference Shares which are Irredeemable and Non-Cumulative Preference Shares were listed on the Ghana Stock Exchange.

Benso Oil Palm Plantation (BOPP)
Valuation, Offer Document & Financial Advisory
Initial Public Offering of Benso Oil Palm Plantation (BOPP) to off-load Government of Ghana’s 40% shares through the Ghana Stock Exchange. Offer was valued at USD8.0 Million. Shares were over-subscribed by more than 80%.

Unique Life Assurance Company
(Now Beige Assurance)
Valuation and Private Placement
Financial Advisors for raising Private Equity for ULIFE. Prepared the Valuation and Share Pricing Report as well as a Private Placement Document for raising US$1.7 Million.
Also providing Fund Management Services for the Company

Prudential Bank Limited
Valuation of Prudential Bank
Prepared Valuation and Share Pricing of Common Shares and provided Financial Advisory in respect of a Private Placement Deal.

TV Africa Limited
Valuation and Advisory
Prepared Valuation and Share Pricing of Common Shares and provided Financial Advisory in respect of a Private Placement Deal.
AFGO Ghana Ltd
Prepared business plan, Corporate Valuation Report and presented to Directors at Brussels (Belgium) for a private equity investor.

Fund Prices
| Date Last Updated: 31st October 2025 |
|---|
| Market Price (¢) | Price Change | Year-to-Date |
|---|---|---|
| 1.4648 | +0.6390% | 20.0754% |
| Market Price (¢) | Price Change | Year-to-Date |
|---|---|---|
| 0.7713 | +0.0389% | 5.1104% |
| Market Price (¢) | Price Change | Year-to-Date |
|---|---|---|
| 3.7952 | +0.0851% | 15.4231% |
| Market Price (¢) | Price Change | Year-to-Date |
|---|---|---|
| 3.8096 | +0.0192% | 6.5273% |
