EU GlobalClear LLC Global FranTech Asia India Partner with KMA International Trading Ltd Cayman Islands
Released on: October 4, 2008, 12:51 am
Press Release Author: FranTech Asia
Industry: Financial
Press Release Summary: AHMEDABAD, Gujarat, India, September 30, 2008 K.M.A. International Trading Ltd. sign a Partnership Participation Agreement with FranTechAsia, Global FranTech Group / EU GlobalClear LLC.
K.M.A. International Trading Ltd. signs Partnership Agreement with EU GlobalClear LLC and FranTech Asia, India. K.M.A. International Trading Ltd signs Global Marketing Agreement with FranTech Asia, India and Global FranTech Group.
Press Release Body: Global FranTech signs agreement with K.M.A International Trading Ltd. To license MTN Financial products brand offices in Ahmedabad, Gujarat, India, Cayman islands and Asian markets.
K.M.A. INTERNATIONAL TRADING LTD.. ("K.M.A.") , Partner with FranTech Asia, India and EU GlobalClear soon to be a leading global supplier of next-generation specialty financial products (MTN's) through licensed branch offices networks, today announced they have signed an partnership agreement with EU GlobalClear and Global FranTech Group , a global leader in customized licensing distribution and integrated franchised chain solutions for the financial and private banking industry.
Through the K.M.A. / EUGCL partnership agreement, Global FranTech Group will license K.M.A.International Trading Ltd. special branch offices in the Cayman Islands and North American markets.
FranTech operates in 220 countries on six continents, and was chosen by K.M.A. due to its extensive geographic footprint throughout the Asian and European regions. Other factors in the company's selection included FranTech's significant licensing of branch offices with operator customer base, depth of local knowledge, and dedicated licensing sales team focused on selling complex financial instrument MTN solutions that network branch offices require.
K.M.A. Financial product portfolios are designed to meet the network requirements of Governments in 220 countries with FranTech Asia, India.
K.M.A. internet based financial products are point-to-point MTN financial sales providing and supporting licensed branch offices in 220 countries. Internet based financial architectures for MTN packagers for delivery of next generation special financial services worldwide.
K.M.A. financial solutions offers unprecedented scale, improved Government economics and simplified operations.
"Global FranTech is pleased to add K.M.A. to our worldwide network for Government infrastructure financial portfolio. Our new franchised relationship will allow us to offer next generation internet online financial network solutions throughout the Europe, Asia, Caribbean and Latin America," said Phil Nadeau, CEO of EU GlobalClear and Global FranTech Franchise Network Infrastructure for FranTech Universal. "Our partnership will enhance both companies` positions within these world markets."
"We are delighted to be working with EU GlobalClear and Global FranTech.'' said Daniel LaPointe, K.M.A. Chairman and CEO. "This will allow K.M.A. International Trading Ltd. to expand its market presence into this exciting growth region."
New K.M.A. Financial Planning Seminars will be scheduled for Hong Kong, China, India, South America, Chicago, New York, and Los Angeles.
About Global FranTech Group Global FranTech is a global leader in customized franchised programs for distribution and integrated supply franchise chain solutions for the licensing industry with global headquarters in Ventura, California, USA.
FranTech Group of worldwide companies operates franchise sales, distribution and manufacturing facilities in 220 countries on six continents, giving it the largest global reach for its FranTech clients.
FranTech was named a top Global Growth Company by World Bankers, FranTech's exclusive list of 342 technology companies recognized for being visionary and fast growing businesses that have exceptional executive leadership in licensing, franchising and redefining their global respective industries in 220 countries.
The company provides licensing solutions to more than 30,000, e-Government agencies, client companies licensed network operators, franchise retailers, reseller, and independent agents around the world, and also represents the world's leading technology manufacturers licensing technology transfer.
For more information, visit www.FranTechUSA.com.
www.FranTechAsia.com www.FranTechStrategies.com
Global FranTech Group "A Worldwide Company"
FranTech is a leading provider of licensing of internet based companies used in emerging Internet online insurance and financial networks. FranTech designs, develops, and markets carrier-grade insurance networking other insurance and financial data platforms.
FranTech's licensing financial products, which are based on a EU GlobalClear platform, function as a extension to an existing core captive insurance licensing for a branch network.
The principal application for FranTech's licensing internet financial products is the function in a K.M.A. International Trading Ltd. branch office network.
Additional applications for Global FranTech's licensed and franchised products include Sovereign insurance programs for Government private networks, including municipal and enterprise networks.
Global FranTech's corporate headquarters are located in Hong Kong, Guangdong, China and Ventura, California, with worldwide sales locations in China, India, Africa, Europe, Middle East and North America.
The company's Web sites are: http://www.FranTechWTC-3G.com.
http://www.FranTechAsia.com Media Contacts: David Baker Marketing Communications Global FranTech Group Inc. President@FranTechUSA.com Tel: 805-653-5264 ext. 1262
About K.M.A Iternational Trading Ltd.
K.M.A. International Trading Ltd. (the "Company") intends on licensing branch offices to market MTN's up to $950,000,000 principal amount in several tranches of medium term notes constituting senior indebtedness pursuant to its medium term note program.
The medium term notes, to be offered on a best efforts basis through an agency syndicate comprised of K.M.A. licensed branch offices in 220 countries which are expected to be marketing on October 26, 2008.
The first tranche of notes in the principal amount of $500,000,000 will pay a fixed rates of a per cent until maturity on October 26, 2015 and the second tranche of notes in the principal amount of $500,000,000 will pay a fixed rate of a per cent until maturity on October 26, 2018.
The notes will be direct secured and unsecured obligations of the Company and will rank equally with all other unsecured indebtedness of the Company that is not subordinated.
The net proceeds of the offering will be utilized for general corporate purposes of the Company, including investments in subsidiaries.
The Company intends to file in Canada a pricing supplement to its short form base shelf prospectus dated March 12, 2009 and prospectus supplement dated March 27, 2009 in respect of this issue.
Complete details of the offering are set out in the prospectus, which will be available on the SEDAR website for the Company.
The medium term notes have not been and will not be registered in the United States under the Securities Act of 1933, as amended, and may not be offered, sold or delivered in the United States absent registration or applicable exemption from the registration requirement of such Act. This press release does not constitute an offer to sell or a solicitation to buy the medium term notes in the United States.
K.M.A. International Trading Ltd. is a leading Cayman Islands and Canadian-based financial services group serving many customers in 220 countries and territories worldwide.
Operating as K.M.A. International Trading Ltd. in Cayman Island, Canada and Asia, and primarily through EU GlobalClear and Global FranTech Group in the United States, the Company offers customers a diverse range of financial products and wealth management services through its extensive network of employees, licensed agents and distribution through branch partners offices.
Funds under management by K.M.A. International Trading Ltd. and its subsidiaries.
K.M.A. International Trading Ltd. is a private company.
This EU GlobalClear news release contains forward-looking statements that are based on certain assumptions and reflect the Company's current expectations.
Forward-looking statements do not relate to historical facts and include the Company's expectations about the offering. There can be no assurance that the offering will be completed. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of the material factors that could cause actual results to differ materially from current expectations are discussed in materials filed by the Company from time to time with securities regulatory authorities.
The Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE: Global FranTech Group Media
Inquiries: David Baker, (805) 653-52648, DavidBaker@FranTechUSA.com; Investor Copyright (C) 2008 Global FranTech Group. All rights reserved.
K.M.A.MTN Report 2008.
K.M.A. Cayman Islands Company Partnered with EU Global Clear for Foreign Government and Corporate debt issuance programs of (MTN) licensing by Global FranTech Group of branch offices into 220 countries.
K.M.A. Medium Term Notes (MTN's) Value conversion depends on many factors, some fixed, some floating
At K.M.A. this is what is done with 'Cash' after conversion.
Important Notice
Medium Term Notes (MTN's) - "Cash" them in for real dollars or raise a "Credit Line".
Value conversion depends on many factors, some fixed, some floating such as:
Type of Instrument or Note (Issuing Body)
- Government or Corporate Government Issued are the most desired.
Rating from issuing institution - Government, Bank, Security House, Private What Currency, US Dollars is always preferred, but others are also acceptable Currency Fluctuation, if not already in US dollars.
K.M.A. ownership of MTNs - Corporate, Bank, Trust, Endowment, Pension Fund, Private,
Other Private Bank Policy Agent or Bank Holding Note(s) Clearing and Settlement though EU GlobalClear.
Where MTNs are actually held - Security House, Bank Vault, Bank Safety Deposit Box, Licensed and Insured Agent, Trust,
Other
Market Conditions
Security House, Bonding Agent,
Underwriter, etc. - Rating, location, etc.
Client Anticipation of Return
Place Transaction Occurs
K.M.A. this is what is done with 'Cash' after conversion
This is becoming a paramount issue with banks and security houses converting the instrument, the preferred and acceptable method is to deposit a portion of the redeemed funds with the honoring bank or security house, usually not less than 50% for a period of not less than six (6) months. If with a security house the funds can be put into a money market or reinvested into other securities.
MTN's are a method or avenue of selling off 'Debt'.
MTN's are usually issued by a Government Entity.
MTN's can be issued by a Public Listed Corporation.
MTN's held by individuals are highly questioned by banks and trading houses throughout the world.
Often times, in this case, it may be easier to raise a 'Credit Line' than convert the instrument to CASH, especially if an individual is selling the MTNs.
Fluctuating World Market Conditions set the pace and determine the trading value, if any.
Usually most every instrument can be converted, however, some are just Not desirable Trading Instruments on the current World Market.
MTNs and T-Bills are one of the most sought after instruments.
Substantiated "Documentation' is needed for this type of transaction.
Important Notice
It is widely considered a trading rule that any securities are deemed NOT Tradable if they originate from a non recognized international public trading exchange. This applied to Any type of Security Note(stock, bond, mutual fund, trust, MTN, debentures, etc.).
These K.M.A. International Trading Limited documents are for information purposes only and do not convey or imply advice, a request, offer or solicitation of any kind. It is your responsibility to ensure that you are complying with your country's laws.
About EU GlobalClear LLC
EU GlobalClear LLC created the GlobalClear inter-bank clearing and settlement system that provides a variety of bank transfer services, clearing and settlement services to member financial institutions worldwide.
We provide banking, internet banking, funds management, asset management, broker dealer services, finance, mortgage and insurance related financial products and services under the laws of New Zealand.
The following acts constitute the operating authority of EU GlobalClear and its subsidiaries: Companies Act of 1993; Securities Act of 1978, Investment Advisers Act, Insurance Act (1953) and other subsequent acts regulating the activities of EU GlobalClear LLC.
Why New Zealand
New Zealand is a politically stable English speaking country located in the south pacific. As a member of the OECD and FATF New Zealand is not a blacklisted jurisdiction or a targeted country as it is not considered a tax haven.
The New Zealand government has implemented favourable laws to encourage business. An offshore finance company based in New Zealand can carry out global banking business as a credible and respected organisation.
How we are Regulated
EU GlobalClear Limited is not regulated by the Central bank, but as an Offshore Finance Company is subject to the following legislation:
Financial Transactions Reporting Act 1996 For more information about EU GlobalClear LLC and its operating companies please visit FranTech websites.
Web Site: www.FranTechAsia.com
Contact Details: Shanker Damodaran, President FranTech Asia Ahmedabad, Gujarat, India +91-932-706-7935 E-mail: President@FranTechAsia.com