united capital corporate corporate profile

Investment Banking Asset Management Securities Trading Trustee Services

YOUR GUIDE TO

IN Telligent Choice The

A WORLD OF OPPORTUNITIES

01IN telligent Choice The

Investment Banking 05 Asset Management 07 Securities Trading 09 Trustee Services 11

SECTION 2 : OUR PRODUCTS AND SERVICES

For Institutions 13 Products And Services For Your Institution

Investment Banking 15 Asset Management 16 Securities Trading 17 Trustee Services 18

For Private Clients Products And Services For You Securities Trading Brokerage 20 Private Trust Services 21 Asset Management 22 Wealth Management Services 23

SECTION 3: PLATFORMS AND OTHER SERVICES

Research 26 Investnow.ng 27

SECTION 4: MEET US

Management Team 28 Board of Directors 30 Our Track Record 32 More about Us 36

CONTENTS

SECTION 1: INTRODUCTION

Welcome To United Capital 02

Our Businesses


WE WELCOME YOU

“GREAT FINANCIAL CHALLENGES ARE CONQUERED

BY MAKING THE INTELLIGENT CHOICE”

At United Capital, we are mindful of the constant pressure you

face to achieve your individual and corporate goals.

We exist to empower Africans in the pursuit of their goals as

individuals, companies and governments through superior

Investment Banking and Financial Services.

Our component businesses emerged from the United Bank for

Africa Plc. United Capital became an independent financial

group in January 2013.

We are l isted on the Nigerian Stock Exchange and provide

advisory services and superior market information on key

Afr ican markets , leveraging on our extens ive network of

strategic partners, as well as domestic expertise and superior

execution.

Uni ted Capi ta l employs a dedicated team of seasoned

professionals with industry insight, and extensive local and

international experience. We take pride in our dil igence and

attention to details in executing all mandates.

As a Group comprising of recognized industry leaders with

over 50 years experience, we are well positioned to provide

expert investment and financing solutions to optimize your

return on investment.

Fou r words desc r ibe us and ou r peop le – P ro fes s iona l ,

Innovative, Confident and Knowledgeable.

We invite you to learn more on why working together is the

Intell igent Choice for your financial wellbeing.

Welcome to United Capital.

Oluwatoyin Sanni


WE PROVIDE BESPOKE VALUE-ADDED

FINANCIAL SERVICES TO OUR CLIENTS

INVESTMENT BANKING

SECURITIES TRADING

TRUSTEE SERVICES

ASSET MANAGEMENT

OUR INVESTMENT

BANKING SERVICES

BRING PEOPLE,

SOLUTIONS, AND

FINANCE TOGETHER


INVESTMENT BANKING

We are a leading Investment Banking services provider in

Nigeria, with a Pan-African focus to expand into major

business capitals globally. By leveraging on our broad reach

and extensive market access, we provide both domestic

and cross-border services.

O u r c l i e n t s i n c l u d e c o r p o r a t i o n s , g o v e r n m e n t s a n d

entrepreneurs seeking finance for large projects or capital

market s so lu t ions fo r bus iness acqu i s i t ions and

expansion.

We work closely with our clients, providing the needed

financial advice to help them achieve their goals the

best way possible.

Our integrated, mul t i -d i sc ip l inary Investment Bank ing

services include:

■ Capital Markets

■ Project Finance

■ Mergers and Acquisitions (M&A)

■ Structured Trade

Since 2010, we have evolved to become recognised as an

i n d us t ry lead er fo r dea l s t ructu r ing and execut ion ,

establishing ourselves as a prominent adviser in the Oil & Gas

and Power sectors. In addition, United Capital’s Investment

Bank ing d iv i s ion has p layed a p ioneer ing ro le in the

development of Nigeria’s Capital Market.

We continue to engage with corporations, governments

a n d r e g u l a t o r s i n f i n d i n g w a y s f o r d e v e l o p i n g a n d

t r a n s f o r m i n g C a p i t a l M a r k e t s a c r o s s A f r i c a , w i t h a

prominent role in the Nigerian Debt and Equity Capital

Markets.

Whatever your Investment Banking objectives, make the

Intell igent Choice. Go with an experienced and leading

provider in the market.

Lead Issuing House on UBA’s 30.5 Bil l ion (US$153 Mill ion) corporate bond N – largest corporate bond issuance in 2014

Lead Issuing House on 37.5 Bil l ion (US$188 Mill ion) debt issuance for Flour Mil ls of NigeriaN

– the largest corporate bond issuance in West Africa to date

Lead Financial Adviser and Lead Arranger of 42.7 Bil l ion (US$215 Mill ion) for Ughell i Power acquisition N

of a thermal generating power plant

Joint Financial Adviser and Lead Arranger of 298.5 Bil l ion (US$1.5 Bil l ion) NNPC/Exxon Mobil RDP N

f inancing programme

KEY MILESTONES

Financial adviser on the first mortgage securitisation in Nigeria involving a 26 Bil l ion (US$130.6 Mil l ion) N

mortgage-backed bond


WE WERE RECENTLY ENGAGED IN

RAISING OVER US$490 MILLION FOR

T H E P O W E R S E C T O R R E F O R M S I N

NIGERIA

WE ARE COMMITTED TO OPTIMIZING

YOUR INVESTMENTS


ASSET MANAGEMENT

United Capital Asset Management is l icensed by the Securities

Exchange Commis s ion (SEC) N iger ian to act as Fund and

Investment Managers. For over 50 years, we have supported

people's aspirations for financial independence through a number

of Collective Investment Schemes. We have also provided bespoke

investment services to high net worth individuals and famil ies,

corporations as well as governments.

With services straddling investment advisory and execution across

virtually all asset classes, we specialise in creating and increasing

wealth.

Through a risk appropriate framework that leverages our superior

market inte l l igence, qual i tat ive analys i s and personal c l ient

service, we deliver respectable returns on investment. Simply put,

we chart the course for intell igent investments for both institutions

and individuals.

Our service offerings are a careful selection of investment solutions

that include:

■ Portfolio Management

■ Gratuity Schemes and Employee Investment Schemes

■ Collective Investment Schemes

■ Alternative Investments

■ Wealth Management Services

Some of our Mutual Funds have been ranked in the top echelon

of Collective Investment Schemes, and have consistently paid

dividends over the last three years. Our Funds under management

continue to maintain steady growth and currently are in excess of

$350 mill ion, with clientele including but not l imited to government

and public sector organisations, private sector businesses, non-

profit organisations and individuals. Our services avail the best in

class technology, time tested analytical tools in the hands of an

experienced and well trained workforce, with distinguishing values

that make us H.E.I.R.S to financial success!

Regard les s o f you r pecu l ia r f i nanc ia l ob ject i ves , we make

provisions to get you to the realms of f inancial independence

where you can indeed fulfi l your goals. So whether you are

planning for the long term or want to get quicker returns, make

the Intell igent Choice. Call our Investment Advisors; and let us

help you create the future you desire.

KEY MILESTONES

Our Mutual Funds are ranked in the top performers, based on an assessment by an independent rating agency

Our Mutual Funds have consistently paid dividends over the past years

First and only Asset Management firm in Nigeria to simultaneously launch four Mutual Funds

Assets under management exceed 69.6 Bil l ion (US$350 Mill ion)N

WE CONTINUOUSLY LEVERAGE OUR

RESEARCH CAPABILIT IES TO MAKE

INFORMED INVESTMENT DECISIONS


We have over 50 years experience in Fund Management

FINANCIAL MARKETS ARE

SOPHISTICATED AND FAST MOVING

SUPERIOR INFORMATION AND FLAWLESS

EXECUTION ARE KEY FOR SUCCESS


SECURITIES TRADING

Our Secur i t ies T rading bus iness, United Capital Secur i t ies

Limited, is a dealing member of the Nigerian Stock Exchange

( N S E ) a n d r e g i s t e r e d b y t h e S e c u r i t i e s a n d E x c h a n g e

Commission (SEC).

We offer the following services:

■ Sales and trading of Listed and Unlisted Securities for both

private and institutional clients

■ Equity Portfolio Management services

■ Supplemental market making

■ Receiving agents to new issues

■ Stock broker to primary issues

■ Designated adviser to SMEs

In addition, we provide access to primary market opportunities

for l isted equities (Initial Public Offering, r ight issues, offer for

sale and offer for subscription) and Fixed Income Securities.

We are one of the few selected Supplemental Market Makers

( S M M ) a n d D e s i g n a t e d A d v i s e r s b y t h e N i g e r i a n S t o c k

Exchange.

United Capital Securities is also a registered dealing member

of NASD OTC Plc and FMDQ OTC Plc, allowing us to deal in over-

the-counter Equity and Fixed Income Securities. Our top-class

services are supported by reliable IT processes and a team of

experienced personnel overseeing these processes. We have

teams dedicated to the sale of Equity and Fixed Income

Securities. Each team has a deep understanding of the salient

investment requirements of its private and institutional clients,

regardless of type.

We also use our secur i t ies placement capabi l i t ies to the

advantage of our clients who intend to issue securities to the

public.

Thanks to a highly efficient distribution network, with access

to a large number of local and international investors, we are

a b l e t o e x e c u t e m a n d a t e s w i t h o u t a s s o c i a t e d m a r k e t

volatil ity. Whether you wish to explore the financial markets in

an individual capacity or as part of a larger organisation,

make the Intell igent Choice and talk to us first.

W E H A V E D E D I C A T E D T E A M S

FOCUSED ON THE SALES OF EQUITY

AND FIXED INCOME SECURITIES

Stock Broker to the Issue: Transcorp Hotels Initial Public Offering

Listing By Introduction: Africa Prudential Registrars Plc

Stock Broker to the Issue: Benue State Government of Nigeria bond issuance

Stock Broker to the Issue: Honeywell Flour Mil ls Plc Initial Public Offering

Stock Broker to the Issue: African Petroleum Plc Rights Issue/Offer for Subscription

KEY MILESTONES


OUR TRUSTEE SERVICES

UNLOCK CAPITAL

FOR YOU


KEY MILESTONES

TRUSTEES

United Capital Trustees Limited commenced business f ive

decades ago and is the leading Nigerian Trustee company.

We play a key role in different fiduciary transactions, where we

are charged with protecting the interests of Lenders and

Investors.

Our broad range of services can be categorised into:

■ Public Trusts – Bonds (State and Federal Agency Bond

Issues), Collective Investment Schemes (Mutual Funds and

Real Estate Investment Trusts- REITs)

■ Corporate Trusts – Corporate Bond Issues, Debentures and

Loan Syndications

■ Pr ivate Trusts - Estate Planning, L iv ing Trust , Sett ing up

Foundations and Endowments

We have extensive, in-depth experience in a wide range of

Money Market, Capital Market and Real Estate transactions,

with Trust mandates of over 6 tri l l ion. We are the clear leader N

in all of our business segments: Public Trusts, Corporate

Trusts, and Private Trusts.

Built on a foundation of customer relationships, a strong

brand, innovative product offerings, an investment in skil led

and well-trained personnel and world-class technology, we

seek to provide maximum value for each client.

Therefore, for your private and institutional Trust services,

make the Intell igent Choice, and choose United Capital

Trustees.

WE PLAY A KEY ROLE IN DIFFERENT

FIDUCIARY TRANSACTIONS

Sole Trustee to Asset Management Corporation of Nigeria (AMCON): 4.5 Tri l l ion Bond N

Trustee to Lagos State 275 Bil l ion Bond Programme N

Trustee to Guaranty Trust Bank (GTB) Plc 200 Bil l ion Bond N

Etisalat Loan Syndication US$650 Mill ion

Sole Trustee to Flour Mil ls: US$1.88 mill ion - largest corporate bond in West Africa


OUR PRODUCTS

AND SERVICES

WE PROVIDE FINANCIAL INVESTMENT

AND ADVISORY SERVICES FOR:

INSTITUTIONAL CLIENTS ■

PRIVATE CLIENTS■


.

CHARACTERISTICS OF OUR SERVICE OFFERINGS

Senior advisor involvement ■ Multi-disciplinary approach ■ Deep industry sector knowledge ■ Public sector relationships ■ Capital Markets and Capital Structure expertise ■


PRODUCTS AND SERVICES

FOR INSTITUTIONAL CLIENTS


PUBLIC

TRUSTS

PRIVATE

TRUSTS

ALTERNATIVE

INVESTMENTS

GRATUITY

SCHEMES

COLLECTIVE

INVESTMENT

SCHEMESRECEIVING AGENT

TO NEW ISSUES

SUPPLEMENTAL

MARKET MAKING

EQUITY

TRADING

EQUITY PORTFOLIO

MANAGEMENT

SERVICESCORPORATE

TRUSTSPORTFOLIO

MANAGEMENT

STOCKBROKER TO

PRIMARY ISSUES

DESIGNATED

ADVISER TO SMES

ASSET

MANAGEMENT SECURITIES

TRADINGTRUSTEE

SERVICES

CAPITAL

MARKETS

STRUCTURED

TRADE FINANCE

MERGERS AND

ACQUISITIONS

PROJECT

FINANCE

INVESTMENT

BANKING


INVESTMENT BANKING ( Institutional Clients)

We specialise in Capital Markets, Project Finance, Mergers and

Acquisitions and Structured Trade Finance.

1. Capital Markets

Debt Capital Markets: Our innovative solutions provide support to

clients assisting them in raising long term debt nancing from both

the local and international Capital Markets. Domestically, we have

played pioneering roles and are consistently engaged in a number

of signicant Debt Capital raising transactions, such as: the

execution of the rst mortgage securitisation in Nigeria, comprising

a 100 bil l ion mortgage backed bond; the rst Tier 2 subordinated N

debt issuance for a bank in Nigeria and the largest Corporate Bond

issuance in West Africa.

Our structuring and execution experience for Debt Capital raising is

further underscored by the fact that we have participated in over

75% of all States bond issuances in Nigeria between 2010 and

2013.

Equity Capital Markets: Our Equity Capital Markets (ECM) team

specialises in advising companies seeking to raise Equity

Capital, and Quasi-Equity from both the domestic and international

Capital Markets. We provide financial advisory and issuing house

services to corporations on various capital raising transactions

including: init ial l ist ings on stock exchanges, raising additional

equity and pr ivate/special placements by l isted and unl isted

companies. We have successful ly executed mandates for the

public offering as well as seasoned equity offerings of various

corporations in Nigeria. In addition, we have also played significant

roles in the Capital Market master-plan transformation agenda of

the Securities Exchange Commission (SEC) in Nigeria.

Our service offerings in Capital Markets include:

■ Debt and Equity structuring/advisory

■ Debt conversion and buy backs

■ Issuing House services for Debt and Equity Capital raising: Bond

issues, IPOs, Right Issues and Private Placements

■ Restructuring of public and private corporations

■ State, sovereign and corporate debts raising and underwriting

■ Convertible and structured products

2. Project Finance

United Capital’s Project Finance division has consistently built a

reputation as one of the leading Project Finance teams in Nigeria

due to its abil ity to advise, structure and arrange capital for some of

the most complex transactions, particularly in the Power and Oil &

Gas sectors.

During the unbundling and privatisation of Power Holding Company

of Nigeria (PHCN) carried out in Nigeria in 2013, the division was the

leading adviser and co-arranger of finance (Debt and Equity) for

50% of the power generation companies (GenCos).

3. Mergers and Acquisitions (M&A)

Our team provides world class execution capabilit ies for business

combinations, divestitures and acquisitions. The team is responsible

for executing Leveraged and Management Buyouts in addition to

providing strategic ass istance to Pr ivate Equity (PE) investors

seeking to exit their investments.

We are regularly involved in landmark M&A deals, such as advising

on the scheme of acquisition of a leading registrar business as

well as mergers in the real estate sector.

Some of the transactions we advise on include:

■ International and Domestic M & A

■ Takeover Defence

■ Strategic Advice

■ Floatations

■ Assets Disposal

■ International Equity Issuance

■ New Issue Advisory

4. Structured Trade Finance

The Structured Trade team provides Capital solutions outside the

traditional fall back on security derived from conventional forms

of collateral lending. We possess expertise in Structured Trade

F inance, Secur i t i sat ion and Commodity Trade F inance which

places us in a prime position to deliver value to our esteemed

clients. Recently, among other deals, we acted as co-arranger of

a crude oil prepayment financing facil ity in a central African

country. WE HAVE PARTICIPATED IN OVER 75%

OF ALL STATES’ BOND ISSUANCES IN

NIGERIA BETWEEN 2010 AND 2013

United Capital CORPORATE BROCHUREUnited Capital CORPORATE BROCHUREUnited Capital CORPORATE BROCHURE16IN telligent Choice The

ASSET MANAGEMENT (Institutional Clients)

I n s t i tu t iona l inves to r s can take advantage of any o r a

combination of the following products:


Offered both as a Discretionary or Self-Directed Service; this

se rv ice i s focused on ins t i tu t ions and h igh net wor th

individuals.

Our Fund Managers and Inves tment Adv i so r s des ign ,

i m p l e m e n t a n d adm i n i s t e r , c u s t o m i s e d i n v e s t m e n t

c o m b i n a t i o n s a c r o s s a v a r i e t y o f a s s e t c l a s s e s . T h e

respective combinations reflect your f inancial DNA and

respect the l imitations of your identified risk profi le, while

delivering quality returns. Corporations can therefore focus

on their goal of delivering value to their stakeholders, while

we help consolidate on the value created to support

future expansion.

■ Gratuity Schemes and Employee Investment Schemes

This i s offered as a compliment to the established compulsory

savings/pens ion schemes. We support the creat ion of

specific investment structures that enhance the well-being

of an inst i tut ion through the creat ion of wealth for i t s

employees via a pool of investments. Such investments are

a l so read i l y ava i lab le to the cont r ibut ing s ta f f upon

separation from the institution, pending the processing and

release of conventional savings schemes (Pensions); giving

comfort to an employee during what could ordinarily be a

very difficult transition period.

■ Collective Investment Schemes ( Mutual Funds)

Consistently ranked among the top performing Mutual Funds

in N iger ia based on re tu rn , the Un i ted Capi ta l As set

Management suite of Mutual Funds offer significant value

to the investing public; with subscriptions of at least

10, 000. N

Beneficial to institutions seeking long term sustainable return

on investment, each Fund targets a specific asset class or

combination of classes in recognition of the diverse risk

appetite of the investing public.

These currently include: equities, fixed income, and money

market. Our Inst i tut ional Mutual Fund has t radit ional ly

continued to enjoy patronage from insurance companies,

large corporate firms, non-profit organisations and Pension

Fund Administrators amongst others.


For the more exotically inclined institutional investor; we

of fer special i s t serv ices in the ident i f icat ion, analys i s ,

advisory and management of alternative investments.

These include unconventional assets held in portfolios (both

local and global). Such assets include st rategic share

acquisitions, real estate, hybrid asset structure products and

more. This service is made available through collaboration

with third party partners and Wealth Managers. It is available

to administer family off ices, other Wealth Management

services and tax efficient structures. The aim is to protect,

enhance and transfer wealth across platforms and

jurisdictions.

Ty p i c a l s e r v i c e p a t r o n s i n c l u d e g o v e r n m e n t s , d o n o r

institutions, cross border investors and select private equity.


SECURITIES TRADING (Institutional Clients)

Our Securities Trading services are supported by world class

technology and operations. We work with Securities l isted on

the Nigerian Stock Exchange, as well as unlisted equities on the

NASD OTC Trading Platform. In addition, we provide Unlisted

Fixed Income securities on the FMDQ OTC Trading Platform and

International Trading Desk to l isted equities and xed income

securities across key markets in Africa.

Our Specialised Services Include:

■ Equity Portfolio Management Services:

Non-Discretionary: We provide research based market ■

insight for brokerage clients to enhance the efficient

management of their Equity Portfolios.

Discretionary: We actively manage the Equity Portfolio ■

of our Brokerage and Institutional clients, subject to pre-

agreed performance bench marks.

■ upplemental Market Making: We also prov ide Equi ty

Supplemental Market Making to improve market l iquidity

for selected stocks l isted on the Nigerian Stock Exchange.

■ Receiving Agent to New Issues: As a receiving agent to new

Issues, United Capital provides market colour on new issues

to ass i s t c l ients wi th thei r investment decis ions . Whi le

leveraging on our robust operational support, we are able to

make the remittance to the Issuing House within the specified

per iod in order to ensure the cl ient 's subscr ipt ions are

promptly processed.

■ Stockbroker to Primary Issues: This service is targeted at

companies seeking to raise equity or debt capital from the

Nigerian Stock Exchange. We ensure successful completion

of the offer process by leveraging on our large distribution

capability.

■ Designated Adviser to SMEs: We prepare and guide Small

and Medium Enterprises to be l isted on the Alternative

Securities Market (ASeM).

S

TRUSTEE SERVICES (Institutional Clients)

Our Institutional Services can be grouped into two broad

areas: Corporate Trusts and Public Trusts.

CORPORATE TRUSTS

We act as financial agents on the following transactions:

■ Corporate Bonds: We serve as Trustee to Corporate Bond

i s sues , where co rpora t ions and Federa l Government

Agencies decide to approach the Capital Market for

long term funding.

■ Security Trusts: We act as a neutral body to multiple lenders

who have advanced funds to a common borrower. We

operate either under the same or different terms, to act for all

the parties concerned and to hold the security that has

been pledged.

■ Debenture Trusts: We represent the interest of lenders in loan

syndications/consortium lending by holding the secured

assets on thei r behalf under a uni f ied or group

arrangement.

■ Special Purpose Vehicles (SPVs): We serve as Trustee to SPVs

s p e c i a l l y c r e a t e d f o r p r o j e c t e x e c u t i o n , w h e r e t h e

financiers/promoters wish to use this medium to attract

funding from Investors.

■ Securitisation: We act as Trustee to a consortium of lenders

and charge the assets of the borrower as security to facil it ies

provided by the banks.

■ Collective Investment Schemes: We represent the interests

of investors in pooled funds such as Mutual Funds and

Real Estate Investment Trusts (REITS).

■ Custody Services: We guard vital documents received

from clients for safe-keeping. The documents or assets are

returned to the customer upon sat i s fact ion of h i s/her

responsibil ity to parties concerned or upon request by

clients.

PUBLIC TRUSTS

■ Bond Trusteeship–Sub-Sovereign: We represent the interests

of investors to debt issuance offers undertaken by State

Governments, ensuring compliance with all agreements.

We act as Trustee to government bond issuances, Unit Trust

Schemes, Real Estate Investment Schemes (REITS) and other

types of funds that involve pooling of resources focused

on achieving a specific purpose.

As Trustees, to these offerings, our key role is the protection of

the investors on whose behalf we act.

Some of our other roles include, but are not l imited to:

■ Monitoring the activities of fund managers and custodians

on your behalf, as an investor

■ Ensuring compliance by fund managers and issuers with

regulatory and contractual requirements

■ Summoning and chairing of investors' meetings

■ Acting at all t imes in the interest and benefit of the

investors


Everyone has the right to a brighter, more stable future. That's

why in addition to government, corporate and high net worth

individuals, United Capital serves a diverse private client base

comprising of everyone; from students to entrepreneurs and

salaried employees.

We know it is possible to build wealth regardless of your income

bracket, and it 's never too early to start planning for the

future.

Our team of professionals provide hands-on service and wil l

guide you to decisions that wil l help maximise your return on

investment.

GET PERSONALISED INVESTMENT ADVICE FOR YOUR DREAMS

United Capital

PRIVATE CLIENT PRODUCTS AND SERVICES

SECURITIES

TRADING

BROKERAGE

· ·

PRIVATE TRUST

SERVICES

ASSET

MANAGEMENT

WEALTH

MANAGEMENT

SERVICES


SECURITIES TRADING BROKERAGE (Private Clients)

Our Securities Trading services are supported by world class

technology and operations for efficient delivery. You can be

assured that we provide the same high quality level of service

to individuals wishing to invest in the Capital Markets as we

give our larger institutional clientele.

Our services include:

■ Trading exchange l isted securit ies on the Nigerian Stock

Exchange

■ Trading Unlisted Equities on the NASD OTC Trading Platform

■ Ensuring trade execution at the best possible market

prices

■ En su r ing compl iance w i th Cent ra l Secu r i t ie s C lea r ing

System(CSCS) requirements

■ Liaison with registrars

W e c r e a t e v a l u e t h r o u g h s e r v i c e e x c e l l e n c e , p r o d u c t

innovation, technology, research and market intell igence.


PRIVATE TRUST SERVICES (Private Clients)

A Private Trust serves your individual or personal

purposes, and is an arrangement through which a

S e t t l o r ( y o u ) t r a n s f e r s a s s e t s t o a s e t o f

beneficiaries. These beneficiaries are typically

n a m e d i n a W i l l o r T r u s t D e e d , w h i c h i s

administered by a Trustee.

Private Trusts are classified broadly into Living and

Testamentary Trusts.

■ L i v i n g T r u s t s : C r e a t e d b y T r u s t D e e d o r

Declaration of Trust, and take effect during the

l i fetime of the Sett lor. Your benefits include

s p e e d a n d c o n f i d e n t i a l i t y o f e x e c u t i o n ,

r e d u c t i o n o f a d m i n i s t r a t i v e c o s t s , t a x

efficiency, elimination or reduction of disputes/

acr imony over ent i t lements as wel l as the

opportunity for a test run during the l ifetime

of the Settlor.

■ Testamentary Trusts: Created via Wills, and are

subject to the public probate process, ful l

inheritance tax and may be suitable for the

disposal of your prominent family assets with

multiple interested parties.

Ou r team o f p ro fes s iona l s can he lp you

establish and maintain a number of other Trust

types including:

■ Private Education Trusts: Created to set aside

fun d s t o sec u r e t he edu cat i on o f y o u r

beneficiaries.

■ Private Investment Trusts: Trusts for long term

i n v e s t m e n t s m a d e o n b e h a l f o f y o u r

beneficiaries.

■ Private Inheritance Trusts: Detailed personal

Living Trust and Estate Planning before death.

Family Trusts And Family Trust Offices:

Set up for families with more complex, multi-

discipl inary f inancial chal lenges in order to

manage the family estate as a single entity. This

Trust actively preserves wealth, organising it to

ensure continuity. The expression 'Family Office'

covers all forms of organisations and services

involved in managing large private fortunes.

■ Estate Planning: The process of anticipating

and arranging for the disposal of an estate

during your l i fe time. It typically attempts to

eliminate uncertainties over the administration

of a probate and maximise the value of your

estate by reducing tax and other expenses. It is

for everyone; not just for 'retired ' or 'wealthy

people'.

We also provide Private Trust Services, such as:

■ N ominee Se rvices: We hold shares for our Private

Clients in the nominee's name.

■ Offshore Trusts: We establish, incorporate and

register Trusts, as well as, family companies,

both locally and offshore (through reputable

international partners).


ASSET MANAGEMENT (Private Clients)

The strength of a nation is in the financial power of its

citizenry. In our quest to empower individuals financially, we

offer a bouquet of services, mindful of their diverse profi les

as follows:


Offered both as a Discretionary or Self-Directed Service,

and customised for high net worth individuals. Our Fund

Managers and Investment Advisors design, implement, and

administer fit-for-purpose investment combinations across a

variety of asset classes. The investment combinations are

reflective of your respective financial DNA and respect the

l imitations of your identif ied risk profi le, while delivering

quality return. This al lows you to focus on your primary

endeavour knowing that your investment for the future is

in good hands.

■ Collective Investment Schemes (Mutual Funds)

Our Collective Investment Schemes are arguably among the

top performing Mutual Funds in Nigeria based on return. The

United Capital Asset Management suite of Mutual Funds

consistently appeals to everyone; with subscriptions of at

least 10, 000. Each fund targets a specic asset class or N

combination of classes in recognition of the diverse risk

appetite of the investing public. These currently include:

Equities, Fixed Income and Money Market.


For the more exotically inclined investor, we are pleased to

offer special i s t serv ices in the ident i f icat ion, analys i s ,

advisory and management of Alternat ive Investments.

These include unconventional Assets held in portfolios (both

local and global). In collaboration with third party partners

and Wealth Managers, we administer Family Offices, other

Wealth Management services and tax efficient structures

to protect, enhance and transfer wealth from generation

to generation.


WEALTH MANAGEMENT SERVICES

It takes a l ifetime to build wealth, and careful planning to

manage a sus ta inab le por t fo l io . Un i ted Capi ta l i s we l l -

positioned to guide each of our clients, no matter their

income bracket to achieve diverse long term financial

objectives.

Our Wealth Management offering delivers strong portfol io

performance, whether you are just start ing to bui ld your

portfolio, or preparing to divest assets for the next generation.

We employ professionalism, integrity, strict confidentiality and

the desired speed of execution to meet your needs and

achieve impeccable results.

Our range of products, offered in collaboration with our

global partners, cover equities, cash, f ixed income, Struc -

tured Products and Alternative Investments, both onshore

and offshore.

We are also well-known for:

■ I n t e g r a t e d S e r v i c e s : W e b r i n g a l l t h e m a j o r W e a l t h

Management services together in one place. Our culture

and values focus on being professional, trustworthy and

effective – always aiming to provide excellent service to

professional advisers, f inancial services intermediaries and

high net worth individuals.

We can also facil itate the transfer of your assets to come under

a single management umbrella, for ease of administration.

■ Giving You Choices: As a United Capital client, you choose

the model best suited to your needs and service focus, be it

portfolio management or f inancial advice. Our options

are backed by a huge range of in-house and partner

products, as well as execution capabilit ies to provide you

with the best possible service.

■ Dedicated, Hands-on Management: No matter what your

investment goals are and how much you wish to invest, we

can work with you to develop the best portfolio solutions.

Through continuous investment monitoring, anchored by a

dedicated advisor, we can offer unparalleled insight

into how your investment is performing. In addition, you

can now manage the entire wealth creation process at your

comfort and convenience through our world class online

platform, Investnow.ng



WEALTH DISPOSITION TRUSTS WILLS PROBATE

ADMIN

WEALTH CREATION

INVESTMENT

MANAGEMENT

TRADE AND INVESTMENT

EXECUTION

WEALTH PRESERVATION

CUSTODY & REPORTING

FAMILY OFFICES

NOMINEE SERVICES

END-TO-END WEALTH MANAGEMENT

Our Wealth Management proposition encompasses all the key

verticals: from Wealth creation to Wealth building, followed by Wealth disposition. We guide you expertly

through the entire process.

■ Private Trust Services

Fiduciary Services■

Investment Planning■

International Trading ■

& Brokerage

Retirement Planning■

■ Offshore Banking Services

Research & Strategy■

Investment Insights■

Safe Custody & ■

Administration

Client Reporting■



INVESTMENT MANAGEMENTPROCESS FLOW

■ Marketing

Research■

Investment■

Presentations ■

Client Acquisition ■

Know Your Client ■

(KYC) Processes

Risk Profi l ing ■

Account Opening ■

■ Mandate Execution

Portfolio Valuation ■

Performance Calculation ■

Portfolio Administration ■

Client Servicing ■

Custodial Services ■

Online Reporting ■

CLIENT RELATIONSHIP MANAGEMENT PROCESS

EXECUTION & ADMINISTRATION SERVICES

Investment Advice ■

Product Selection ■

Insights and Guidelines■

Strategic Asset Allocation■

Reference Currency ■

Benchmarks ■

Restrictions■

Investment Decisions■

Tactical Asset Allocation■

Stock Selection ■

ADVISORY SERVICES

INVESTMENT PLANNINGPROCESS COLLATING YOUR

INFORMATION

ESTABLISHING KEY DRIVERS THAT

WILL AFFECT INVESTMENT STRATEGY

IDENTIFYING ANY OTHER KEY

CONSIDERATIONS UNIQUE TO

YOU AGREEING INVESTMENT OBJECTIVES

WITH OUR CLIENT AND DETERMINING

AN INVESTMENT STRATEGY TO

IMPLEMENT OBJECTIVES

REVIEWING THE RANGE OF

SOLUTIONS AND IDENTIFYING

WHICH ARE APPROPRIATE FOR YOU

PRESENTING OUR

RECOMMENDATIONS

OUR CLIENT MANAGEMENT PROCESS


Having collected all of the core information needed, we

wi l l then work wi th you to agree on your investment

objectives.

DETERMINING CLIENT OBJECTIVES

We wil l typically classify your needs according to your

desire to:

■ Maximise future growth

■ Protect the real value of capital

■ Generate an essential level of income

■ Protect against future events

Our Wealth Managers use this information to form your

investment objectives, such as whether you intend to

inves t fo r add i t iona l income, g row your f inanc ia l

balances, or both.

Once your investment objectives have been agreed, we

develop an investment st rategy that can be used to

achieve these objectives. In developing an investment

strategy, we wil l need to determine your:

■ Risk tolerance

■ Investment preferences

■ Liquidity requirements

■ Time horizons and stage of l ife

■ Tax status

PLATFORMS AND

OTHER SERVICES

RESEARCH

Our co re mandate i s to genera te the bes t i nves tment

opportunities for all of our clients. To effectively achieve this

objective, we are committed to performing rigorous analysis

of the macroeconomic environment to complement our due

dil igence in company analysis and asset valuation. Ultimately,

we prov ide t ime ly and in s ight fu l inves tment ideas that

generate the best returns for our clients.

United Capital Research devotes resources to background

Research, which we believe is crucial to understanding Assets

and their worth. We focus on economic moats and risks of

issuers or sponsors of the assets we evaluate, as we believe

these differentiating factors are core determinants of value.

Thus, we go beyond f inancial analysis in our valuation of

companies - we incorporate crucial qualitative issues l ike

corporate governance, management competence and

competitive strategies.

Our Research delivers astute routine reports that update our

clients on economies and markets of interest. We also publish

special reports that reveal st rategic opportunit ies across

different sectors and asset classes.

Our research is underpinned by the following fundamentals:

■ Independence

■ Objectivity

■ Analysts' knowledge of the industry and appropriateness

of valuation methodology

■ Analysts' due dil igence and thoroughness

■ Sound bottom-up approach to model ing and u l t imate

valuation

OUR UNRIVALED INVESTMENT

INSIGHT IS YOUR ADVANTAGE,

MAKE THE INTELLIGENT CHOICE


Investnow.ng is a secure online trading and investment

platform. It provides customers with a quick, convenient and

efficient way of monitoring transactions across all our key

products and services.

Whether you are interested in Securit ies Trading, Asset

Management and Trustee services, Investnow.ng has the

capacity to serve your daily investment needs.

The key features of this world class platform, include:

■ Access to detailed information of our private clients

■ Abil ity to sign up for an account online

■ Online access to accounts and reports and account

management

■ Online trading capabilit ies and access to real time

market data

■ Access to United Capital research

■ Access to a product specialist, pricing and services

■ E-payment services

TICK-TOCK THE TIME TO INVEST FOR THE FUTURE STARTS NOW


WALE SHONIBAREDeputy GCEO / Managing Director, Investment Banking

Wale is the Deputy Group CEO and Managing Director, Investment Banking at United Capital Plc. He

has over 25 years experience spanning Asia, Europe, Middle East and Africa. Prior to joining United

Capital, he was Managing Director and Head of Infrastructure, Africa, Middle East and New Markets at

Renaissance Capital. He has also worked with KPMG as a Director in London and Dubai.

Wale is responsible for United Capital Plc's Investment Banking business which spans Debt and Equity

Capital Markets, M&A, and Project Finance. Recent experience includes Nigeria’s rst diaspora bond,

state government and corporate bonds, project and structured nance and M&A transactions across

various sectors: Power generation and distribution facilities, upstream oil and gas, CNG and LNG

facilities, fertilizer plants, hydropower projects, coal mines, toll roads, light and heavy rail, ports, real

estate, hospitality and specialized economic zones.

Wale has served on several industry panels including the Securities and Exchange Commission

Committee on the development of the 10 year Capital Markets Masterplan; and the Ministerial

Committee for the development of Privately Financed Hospitals in Nigeria.

Wale holds an MBA from Imperial College, University of London and a B.Eng (Hons) degree in Civil

Engineering from the University of Glasgow.

OUR CEOs


OLUWATOYIN SANNI

Group CEO

Toyin Sanni is the Group Chief Executive Ofcer of United Capital. She drives United Capital’s

commitment to delivering excellent solutions in Africa’s nancial and investment services industry and

has led the rm since January 2014, strengthening its client-centric solutions and putting innovation in

the forefront of her leadership thrust.

Prior to her appointment as Group CEO, Toyin Sanni was the CEO of UBA Capital Trustees, Limited. In this

role, she grew the rm into the clear market leader in the Trustee industry in Nigeria.

Her extensive career spans 28 years, in which she has gained experience in Corporate Finance, Asset

Management, Trust and Securities Services. She has played leading roles in landmark deals such as the

multi-trillion Naira AMCON Bond Issues, the Lagos State Debt Programme to name a few. Her various

roles, past and present include President, Association of Corporate Trustees; Fellow and Vice President

of the Association of Investment Advisers and Portfolio Managers; Fellow, Chartered Institute of

Stockbrokers; Associate, Institute of Directors; and Council Member, Institute of Chartered Secretaries

and Administrators of Nigeria. Toyin has also served as Chairperson of the Nigerian Capital Market

Retreat Committee (2012, 2013, 2014).

Toyin obtained her Bachelor of Law, LLB from the University of Ife and holds a Master’s Degree, LLM

(Hons), from the University of Lagos as well as professional qualications of the Institute of Chartered

Secretaries and Administrators (ICSA), UK, ACIS and the Chartered Institute of Stockbrokers (CIS)

Nigeria, FCS.

TOKUNBO AJAYIManaging Director, Trustee Services

Tokunbo Ajayi is a seasoned professional with over 25 years' experience in Trusteeship and Company

secretariat services. She qualied as a Barrister & Solicitor of the Supreme Court of Nigeria in 1986 after

a Bachelor of Law Degree from the University of Ife, Ile-Ife in 1985. Prior to joining the UBA group in

1989, she was in private Legal Practice.

She is a member of the Nigerian Bar Association, FIDA, Nigerian Institute of Management, the Business

Recovery & Insolvency Practitioners Association of Nigeria and the British Council. She has attended

several courses and is an Alumus of Phillips Consulting, South Africa Senior Management Programme.

She is an Assessor in the Law Group, to mark examination scripts of the Institute of Chartered

Accountants of Nigeria and an External Examiner of the Nigerian Law School. She is both a Trustee

and the Financial Secretary of the Association of Corporate Trustees.

MODUPE MUJOTAManaging Director, Asset Management

Modupe Mujota has over 20 years' experience in structuring nancial investments and investment

planning as well as real estate investment, development and nancing. She is versatile and has

distinguishing skills in project management, business process innovation, turnaround management,

brand strategy development and management. Previously, Modupe served on the Board of

Kakawa Asset Management Limited as the Director in Charge. She was also the Managing Director

and Chief Executive Ofcer of BGL Asset Management Limited.

Modupe has a degree in Economics from the University of Ibadan and is a student member of the

Institute of Risk Management, United Kingdom, as well as the Chartered Institute of Stockbrokers

(CIS).

JUDE CHIEMEKAManaging Director, Securities Trading

Jude Chiemeka has over 19 years' experience in Securities Trading, working primarily as an Equities

and Fixed Income sales trader across markets in Africa. Prior to joining United Capital, he was the

MD/CEO of Chapel Hill Denham Securities, and CEO of Rencap Securities (Nigeria) Ltd, a fully owned

subsidiary of Renaissance Capital, he previously worked at Afrinvest (West Africa) and Dominion

Trust.

Jude is a Fellow of the Chartered Institute of Stockbrokers and an alumnus of University of Lagos,

Lagos Business School and the University of Oxford, UK. He has also undertaken various executive

programmes at the New York Institute of Finance, Euromoney, London and Federated Press; and

Strategic Planning Skills in Toronto, Canada.



OUR BOARD

AMBASSADOR J.K. SHINKAIYE Non Executive Director

Ambassador J.K. Shinkaiye holds a B.Sc in Sociology from the University of Lagos and has attended

several workshops, seminars and short training programmes as both participant and resource person.

He has over 30 years experience in the public sector, serving in different roles, including Nigeria High

Commissioner, London and Ambassador to the United Kingdom. He has also served as Chairman, in

different Administrative, Budgetary and Financial Committees, serving as a Member of the Group

that drafted OAU's response to unconstitutional change of Governments in Africa.

CHIKA MORDI Chairman

Chika Mordi holds a Bsc in Economics from the University of Ilorin, an MBA and four Masters degrees

from IESE, Spain, Harvard Business School, Harvard Kennedy School, Johns Hopkins University and

American University (D.C). He has travelled to over 70 countries, is multilingual and a frequent

political/economic commentator.

He is an accomplished Banker who spent over twenty years leading and co-leading successful

turnarounds of three banks. He sat on the boards of more than 30 nancial institutions in Africa and

the United Kingdom. He served as the Alternate President of the West African Bankers' Association

and several government committees. He currently serves on the board of two charities in the United

States of America. In 2013 he was appointed as the inaugural CEO of the National Competitiveness

Council of Nigeria. He was appointed Chairman of United Capital in January 2014.

OLUWATOYIN SANNIGroup CEO

Toyin obtained her Bachelor of Laws, LLB from the University of Ife at the age of eighteen and holds a Master’s Degree, LLM (Hons), from the University of Lagos as well as professional qualications of the Institute of Chartered Secretaries and Administrators (ICSA) UK, ACIS and the Chartered

Institute of Stockbrokers (CIS) Nigeria, FCS.

Toyin’s extensive career spans 28 years, in which she has gained experience in Corporate Finance,

Asset Management, Trust and Securities Services. Her various roles, past and present include President of the Association of Corporate Trustees, Fellow and Vice President of the Association of

Investment Advisers and Portfolio Managers, Fellow, Chartered Institute of Stockbrokers, Associate,

Institute of Directors and Council Member, Institute of Chartered Secretaries and Administrators of

Nigeria. Toyin has also served as Chairperson of the Nigerian Capital Market Retreat Committee for

2012, 2013 and 2014.


ADIM JIBUNOHNon Executive Director

Adim Jibunoh holds a First Class degree in Economics from the University of Port Harcourt and an MBA

in Financial Management from the University of Lagos, with extensive management training from IMD

Switzerland, Lagos Business School and Harvard Business School.

He has over 28 years experience in the nancial services industry with strong leadership skills. He was

the Managing Director/ Chief Executive Ofcer of Continental Trust Bank until 2004. He was also an

Executive Director at Standard Trust Bank (now UBA Plc).

EMMANUEL N. NNOROMNon Executive Director

Emmanuel Nnorom is an alumnus of the Oxford University Templeton College and a Fellow of the

Institute of Chartered Accountants of Nigeria (ICAN). He is also an honorary member of the

Chartered Institute of Bankers of Nigeria (CIBN).

He has over 20 years work experience in Accounting and Finance (including at executive levels) in

both the real estate and banking sectors of the Nigerian economy. He recently retired from the

Board of the United Bank for Africa Plc as an Executive Director.

YORO MOHAMED DIALLONon Executive Director

Yoro Mohamed Diallo holds a BA degree in Finance and Economics of Development from

Claremont Men's College, California and an M.Sc in Banking and Finance from Saint Mary's

University, California.

He has over 35 years experience as a seasoned banker and has previously worked with Citibank and

Ecobank.

c. US$146mn 2013

Transcorp Plc

Financial Advisoryfor the Restructuring

of Capital

Financial Adviser

UBA Plc

Financial Advisoryfor restructuring

Financial Adviser

US$1 bn 2012

Northwestern State

State Bond

Financial Adviser/Lead Issuing House

US$93.8 mn Ongoing

Bayelsa State

US$333 mn 2011

State Bond

Co-Lender/Arranger/Underwriter

Syndicated Loan

Co - Financial Adviser and Lead Arranger

US$2.5Bn 2012

NNPC/ExxonMobil NGLI

Financial Adviser/Facility Agent/Mandated Lead

Arranger/Lead Underwriter

US$2.5Bn 2010/2011

EDO STATE

State Bond

Co-Lender/Arranger

US$166 mn 2010

Restructuring of Capital

Joint Financial Adviser

US$146mn 2013

Transcorp Plc AFRICA PRUDENTIAL

Lead Financial Adviser/Lead Bookrunner

US$133 mn 2010

Fixed Rate Subordinated

Unsecured Notes

Kann Utility Company Limited

Acquisition of 60% of Abuja Electricity Distribution

Company Plc

Financial Adviser and Lead Arranger

US$121mn 2013c. US$80mn 2013

Transcorp Plc

Rights Issue

Joint Issuing House

Financial Advisory and arranging of US$68m

acquisition of the Concession of Shiroro Hydroelectric

Power Plc

Financial Adviser and Lead Arranger

US$68mn 2013

North South Power Company Limited


Investment banking Investment bankingInvestment bankingInvestment banking

Investment banking

Investment banking

Investment banking

Investment banking

Investment banking

Investment banking

Investment banking

Investment banking

Our Track Record Speaks For Us

North Eastern State

State Bond


US$125 mn Ongoing

Fixed Rate Senior Unsecured Bonds

Lead Financial Adviser/Lead Bookrunner

US$250 mn 2010

FCMG COMPANY

Sale of Equity Stake

Financial Adviser

US$67mn 2012


UBA Plc

Recapitalization of some African Subsidiaries

Financial Adviser

c. US$50mn 2013

FSDH Funding SPV

Debt Issuance

Joint Issuing House

US$35 mn 2013

NAHCO

Bond Issuance

Joint Issuing House

US$18 mn 2013

North Central State

State Bond


US$62.5 mn Ongoing

Merger of two Real Estate Companies

Financial Adviser

Undisclosed 2014

100% Acquisition of Registrar Business

Financial Adviser

US$4.6mn 2014

African Prudential Registrars

Acquisition of otherRegistrar Businesses

Financial Adviser

c. US$4.6mn 2013

NIBSS

Acquisition of a Payments Company

Financial Adviser

US$18mn 2013

Africa Prudential

Right Issue

Lead Issuing House

US$7.5 mn 2013

African Prudential Registrars

Bond Programme

N8.3trn 2011/2018

AMCON






(1st Tranche

DELTA STATE

Debt IssuanceProgramme)

N50bn 2011/2018

(MBS)( 1st Tranche )

N100,0bn 2007/2012

(1st Tranche under UPDC N30

Debt IssuanceProgramme)

N15bn 2010/2015

Split Coupon

Bond Issuance

LCR Management Limited

N359.4bn 2011

(1st Tranche under N20bn

Debt Programme)

N16.5bn 2010/2015

EBONYI STATE

( 2nd TrancheunderN275bn

Debt Programme

N57.5bn 2010/2017

LAGOS STATE

1st Tranche under N275bn Debt

Issuance Programme

N50bn 2008/2013

LAGOS STATE

IMO STATE

1st Tranche under N40bn Debt

Issuance Programme

N18bn 2008/2013

BAYELSA STATE

Bond

N50.0bn 2010/2017

EDO STATE

Bond

N25bn 2010/2017

Debt

Issuance Programme

N37.5bn 2010/2015

FLOUR MILLS OF NIGERIA PLC

(1st Tranche Bond)

GT BANK Plc

N13bn 2009/2014


Trustees TrusteesTrusteesTrustees



1st Tranche under N50bn Lafarge

Cement WAPCONigeria Plc Debt

Issuance Programme

N11.8bn 2011/2014

Real Estate

Investment Trust

N12.8bn 2010/2015



OYO STATE

Bond

N30m 1990/1999

KEBBI STATE

Bond

N3.5bn 2006/2009

Project Finance

N223.0m 2010/2015

(1st Tranche Challarams Plc

Bond Programme

N1.5bn 2010/2015

Zero Coupon

Puttable Bond II

2006

N10bn 2006

NIGER STATE

Bond

N9bn 2011/2018

DELTA STATE

Bond

N5.0bn

AKWA IBOM STATE

Bond

N6.0bn 2005/2006

BENUE STATE

Bond

N9bn 2011/2016

KADUNA STATE

N9bn 2010/2015

Bond

TrusteesTrusteesTrusteesTrustees



OUR VISION

To be the leading Financial and Investment Services Group in

Africa.

OUR MISSION

To be the Financial and Investment role model across Africa,

deploying innovat ion, technology and special i s t sk i l l s to

exceed client expectations, whilst creating superior value for

all stakeholders.

OUR CORE VALUES

In our service to you, in all that we are and plan to become, we

are guided by our core values.

H.E.I.R.S

Hardworking

■ Passion for extraordinary results

■ Discipline

■ Commitment to excellence

Emotional Intelligence

■ Self awareness and emotional self-control

■ Empathy

■ Respect for others

Integrity

■ Deliver on promise – exceed expectations

■ Living the brand

Resilience

■ ‘Can Do’ spirit and breakthrough thinking

■ Follow-through

Synergy

■ Collaborating for superior success

■ Leveraging Group relationships and capability

for enhanced value

“WE ARE TO H.E.I.R.S

GREAT FINANCIAL

SUCCESS”


Oluwatoyin Sanni


“With us, you always come first.

We pledge our support to you as you make informed financing

and investment decisions.

Make the Intelligent Choice today.”

www.unitedcapitalplcgroup.com

United Capital Plc12th Floor, UBA House57, Marina, Lagos, Nigeria+234-1-280-7596, [email protected]

Abuja Investment CentreUnited Capital PlcPlot 134, Ahmadu Bello way,Garki 2 , FCT Abuja, Nigeria+234-9-6233039/[email protected]

Port-Harcourt Regional Office

United Capital Plc1st Floor, UBA House14, Azikiwe Road, Port-Harcourt, Nigeria+234-8-455-6577,[email protected]

Head Office

united capital corporate corporate profile

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