Overview
Eastern Capital limited was founded in 1995 to provide dedicated services including stock broking, carry over transaction, portfolio management and advisory services to its valuable clients.
Over the past 10 years ECL has grown to sizeable organization with more than 150 professionals serving clients in their best capacity.
ECL is devoted to offer the best service to its clients and to deliver to promise services to the clients, each department or unit is focused on the specific needs of that client.
History
Eastern Capital Limited was formed in 1995 by First General Leasing Modarba (FGLM), in collaboration with Allied Bank of Pakistan and FMO, under the name General Fund Management Limited. The name was changed to ECL in 1998, during the process of dis-investment by FGLM. The initial business plan as conceived by FGLM was to make the company a public limited company with Authorized capital of Rs.80m. Rs. 31m was, paid, subscribed and issued to FGLM (50%), Allied Bank (15%) and FMO (35%).
During March 1999, FGLM reached an agreement with Munir Ladha, through ORIX Bank to disinvest it�s holding of ECL shares. Now Eastern capital limited has grown to become one of the esteemed brokerage houses of Pakistan offering online trading facility, with its branch network spread all over the country.
GUIDING PRINCIPAL
Lord Almighty has fixed our substance (Rizk), therefore we should not allow our greed to dictate our business decisions. All our business decisions must stem from the well being of clients, well being of our people and well being of our shareholders, all must be equally important to us to succeed.
MISSION STATEMENT
To be the most reliable organization in the field of stock brokerage by providing:
1. High quality information to clients to assist them in making sound investment decisions, and
2. Excellent service in execution of their investment decisions
Core Operations
Equity Sales
Successful equity sales is a function of having reach, depth and access to information: The corporate structure of Eastern Capital is geared toward maximizing both these functions to the fullest.
Through its three - tiered sales set - up, retail, local and foreign institution's group, ECL have been able to achieve, in a remarkably short span of time, an extensive sales depth that enables us to execute large orders quickly and efficiently.
Eastern Capital has also successfully pioneered the concept of a retail brokerage house network in the country. It is the first multinational brokerage house to open "share shops" with a view to broaden our client base.
In doing so, philosophy has been to make the stock market a viable and accessible option for the saving public, and in doing so, capitalize this largely untapped opportunity to its benefit.
Equity Research
Eastern Capital Limited maintains a research team which is well-equipped and trained to provide timely research reports and market updates to facilitate clients in their decision making.
Analysts of Eastern Capital Limited do all the technical based analysis and fundamental research analyses and project rise and fall in the value of index and share prices of the listed companies. These reports and market updates are presented before the sales team, while reports are emailed to all the clients so as to enable them for prudent decision making
Research experts have a vast experience of stock markets, which help them to analyze the market situations beforehand. They also keep an eye on international and national political and economical situations to provide best expert advices to the clients about stocks.
Corporate Finance
Corporate Finance at Eastern Capital Limited (ECL) The objective is to offer knowledge, skill, and experience to provide all legal, financial, tax and planning matters, under a single umbrella.
The services are aimed at, but not limited to, financial institutions, corporate entities, industrialist, government bodies, local and international investors - seeking experience, professional guidance, advice and assistance in their decision making when faced with issues, which involve more then one professional e.g. Real estate transactions.
ECL philosophy is focused on continuous improvement rather then short-terms goals. ECL offers to its client�s comprehensive solutions package under one umbrella, called POWER-Programmed One Window Engineered Resources. POWER has been evolved into a complete turn-around thesis for any entity, who are caught is the damage control situations of day-in and day-out operations. POWER becomes a practical tool for controlling all situations, because it offers the solutions to clients together with implementation of the theory. ECL does not work on a fixed retainer fee, but takes the initiative and the challenge to have the share of the profits which it have managed to gain in the future.
Scope of Services
� Re-Engineering of Assets
� Re-Structuring of Values
� Rescheduling
� Preparing rescue and rehabilitation strategies of public and private sector enterprise
� Value Engineering
� Joint Venturing Syndication and Partnership
� Underwriting & IPO�s
� Mergers and Acquisitions
� Marketing with International Companies
� Financial Planning
� Strategic Planning and management