Khaza Mosaic Tiles & Stone Industries Ltd http://localhost:8080/khazaltd Tue, 12 Sep 2023 09:06:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 http://localhost:8080/khazaltd/wp-content/uploads/2023/09/cropped-k_kogo-removebg-preview-32x32.png Khaza Mosaic Tiles & Stone Industries Ltd http://localhost:8080/khazaltd 32 32 KHAZA LTD. BUSINESS DESCRIPTION AND MISSION VISION http://localhost:8080/khazaltd/2023/09/12/khaza-ltd-business-description-and-mission-vision/ http://localhost:8080/khazaltd/2023/09/12/khaza-ltd-business-description-and-mission-vision/#respond Tue, 12 Sep 2023 09:02:26 +0000 http://localhost:8080/khazaltd/?p=1573

KHAZA LTD. BUSINESS DESCRIPTION AND MISSION VISION

Bangladesh’s electrical cable manufacturing industry has come a long way in the last two decades. Now, most parts of our country have access to electricity, which has created the ideal situation for the Bangladeshi electrical cable or wire industry to blossom. Not that long ago, we were completely import-dependent on this particular product. Still, in recent years that scenario has dramatically changed. Today we are witnessing a 15 to 20 per cent growth in this sector every year. Despite the pandemic, our demand for locally manufactured electrical cable was never put on hold. Thanks to the mega projects and continuous structural developments taking place throughout the country. We are currently looking at a fiscal 100 billion-to-120-billion-taka electric cable market and studies indicating a sharp rise in this sector in the coming years.

BACK GROUND OF THE COMPANY:

Khaza Mosaic Tiles & Stone Industries Ltd. has been established in Dhaka Bangladesh at 2000 under the companies Act 1994, as a public Limited Company incorporation number C-39967(1935)/2000 and listed in Chittsgong Stock Exchange in 2003. It has been established for manufacturing, marketing & selling of high-quality Marble and Granite products for luxurious construction but due to unavoidable circumstances the sponsors of the company failed to run the business and under the Bangladesh Securities Exchange Commission (BSEC) guideline the new Board of Directors has constituted and taken over the management of the company. According to a letter from the BSEC reference: SEC/SRMIC/2021-205/02 and dated February 02, 2023, a new Board of Directors was formed. Considering the existing facilities and the establishment of the company, the Board has decided to change the business type to electric cable and accessories business.

VISION:

To become the most valuable brand in the quality Electric cable manufacturing and accessories products segment with a slogan “Reliable, safe and efficient power solutions” in Bangladesh creating long-lasting value for all our stakeholders by delivering sustainable growth.

MISSION:

KMTSIL mission is to envisage continuous product improvement resulting benefit to the customer. The focus is not only on supplying customers with Electric cable manufacturing and accessories products but also to provide a complete solution to any such problem.

]]> http://localhost:8080/khazaltd/2023/09/12/khaza-ltd-business-description-and-mission-vision/feed/ 0 EXECUTIVE SUMMARY http://localhost:8080/khazaltd/2023/09/12/executive-summary/ http://localhost:8080/khazaltd/2023/09/12/executive-summary/#respond Tue, 12 Sep 2023 08:54:42 +0000 http://localhost:8080/khazaltd/?p=1558

Khaza Mosaic Tiles & Stone Industries Ltd. Executive Summary

Khaza Mosaic Tiles & Stone Industries Ltd. (KMTSIL) is a listed company on the Chittagong Stock Exchange Ltd. within the OTC market. According to a letter from the Bangladesh Securities Exchange Commission, numbered SEC/SRMIC/2021-205/02 and dated February 02, 2023, a new Board of Directors was formed. Considering the existing facilities and the establishment of the company, the Board has decided to change the business type to electric cable and accessories business, as authorized by Clause 37 of the Memorandum of Association of the company, as follows:

“37. To establish any type(s) of manufacturing/assembling industry and or trading business, commercial houses/firms etc. for the benefit of the Company”   

The new management has made this decision after carefully assessing the current circumstances of the company and conducting a comprehensive market survey across various industries. Management believes that venturing into the electric cable and accessories business is a suitable choice for Bangladesh. The current annual market size for electric cables is valued at BDT 12 (twelve) thousand Crores, with BDT 8 (eight) thousand Crores attributed to both local branded and non-branded products. Furthermore, the industry exhibits an annual growth rate of approximately 20%, and the Government intends to expand 100% electricity access to the citizens of Bangladesh, which will also boost the demand for electric commodities.

The company will be producing PVC cables of domestic quality, power cables, High voltage (HV) cables by installing the production facility phase by phase justifying the intervention capacity in the market.

Production facility and line

Year 1

Year 2

Year 3

Year 4

Land development and production shade installation

    

Full set of PVC Coated Cables from 1 mm to 16 mm

    

Full set of PVC Coated Cables from 16 mm to 25 mm

    

Full set of PVC Coated Cables line of 100 extruder machine line (1×25+ 1×630 RM)

    

Full set of PVC Coated Cables line of ST extruder machine line

    

Testing lab

    

Working capital required in BDT

5 Cr.

5 Cr.

5 Cr,

1 Cr

Total fund required for project installation in BDT

10 Cr.

5 Cr.

5 Cr.

2.5 Cr.

Total fund required in BDT

15 Cr.

10 Cr.

10 Cr.

3.5 Cr.

Source of fund year to year in BDT

Placement of share to the existing shareholders

Bank finance (CC limit 5 Cr. and LT 5 Cr.)

Stock dividend 5 Cr and bank finance (CC limit extend another 5 Cr. and LT extend another 5 Cr.)

Bank finance (CC limit extend another 1 Cr. and LT extend another 2.5 Cr.)

Total project finance BDT43.5 Cr. for four years as per full implementation schedule as under:

Particulars

Year 1

Year 2 [new loan]

Year 3

[new capital & new loan]

Year 4

[new loan]

Total in BDT (Cr.)

[Total new capital & loan at the end of 4th year]

Source of fund from shareholders BDT (Cr.)

15

–

5

–

20

Bank long term loam  BDT (Cr.)

–

5

5

2.5

12.5

Bank short term loan BDT (Cr.)

–

5

5

1

11

Total in BDT (Cr.)

15

10

15

3.5

43.5

The total production capacity for next four years in MT at 100% efficiency on single shift basis will be as under:

Items

Year 1

Year 2

Year 3

Year 4

Full set of PVC Coated Cables from 1 mm to 16 mm

    

Full set of PVC Coated Cables from 16 mm to 25 mm

    

Full set of PVC Coated Cables line of 100 extruder machine line (1×25+ 1×630 RM)

    

Full set of PVC Coated Cables line of ST extruder machine line

    

The Board of Directors of the company are of well renowned businessman of Chittagong, having the good and strong contribution in the different business of the country. They are quite experienced of establishing different types and categories with excellent success in all the occasions.

]]> http://localhost:8080/khazaltd/2023/09/12/executive-summary/feed/ 0 Khaza Mosaic Tiles & Stone Industries Ltd Market Overview http://localhost:8080/khazaltd/2023/09/12/khaza-mosaic-tiles-stone-industries-ltd/ http://localhost:8080/khazaltd/2023/09/12/khaza-mosaic-tiles-stone-industries-ltd/#respond Tue, 12 Sep 2023 06:53:21 +0000 http://localhost:8080/khazaltd/?p=1405

Khaza Mosaic Tiles & Stone Industries Ltd Market Overview

As the accommodation is one of most important basic needs of human beings, demand of construction material has been increasing rapidly. Besides Bangladesh is a very densely populated country where land is a scarce resource. To resolve the accommodation problem, public and private sector in Bangladesh has been building high range commercial and residential building and many real estate Company in Bangladesh has been doing business in this industry. Recently Graduation of Bangladesh from LDC to developing Country also increase the purchasing power and living standard. Increasing income of peoples leads to purchase luxurious products.

With the rapid urbanization from corner to corner worldwide, the necessity of transmitting electric power assumes significant for sustainable industrial growth. Bangladesh is a developing country and it is estimated that this industry has a market size of BDT 12 thousand crore and this market is increasing by around 20% per annum. Not only the market of Bangladesh but also have a prospective and potential market around the globe, although there are few giant Manufacturers and Suppliers worldwide.

POWER SYSTEM DEVELOPMENT PLAN UP TO 2030:

Based on the aforementioned economic growth outlook, energy consumption outlook by sector until 2041 was studied. Final energy consumption outlook and the sectoral breakdown in the Business as Usual (BAU) scenario without considering the effects of energy-saving measures are indicated in the figure below.

POWER GENERATION PROGRAM AND FUTURE PLAN:

Power System Master Plan 2016 (PSMP)’ has been prepared based on the availability of primary fuel supply for mitigating the growing demand of electricity and to provide the electricity for all by 2021. As per PSMP 2016, power generation capacity will be 40,000 MW by 2030 and 60,000 MW by 2041.

]]> http://localhost:8080/khazaltd/2023/09/12/khaza-mosaic-tiles-stone-industries-ltd/feed/ 0