Executive Summary
Alternative Energy Limited is a newly incorporated company, registered in Singapore, which has been established for the purpose of making investments and/or acquisitions in and to develop energy technologies, businesses and companies which offer an alternative to conventional fossil fuel and nuclear methods of generating household and industrial energy. The Company's equity interest in a proposed investment is likely to be a controlling stake and/or one where the Company is able to wield significant influence on its strategic directions. The proposed investments may either be quoted or unquoted and may be in companies, partnerships, joint ventures or direct interests in technologies or businesses in the alternative energy sector. While it is likely that the investments will be made in developmental or early stage companies, the Directors may decide that the Company should invest in more mature and established companies too. The Company may purchase foreign companies so that the companies acquired are either wholly owned subsidiaries or majority owned subsidiaries (where local laws may prevent a company being wholly owned by non-nationals). The Company may also invest in means of developing and exploiting any intellectual properties technologies or know-how which it acquires, which may result in the Company establishing separate companies in other jurisdiction for such purposes. The Company will initially focus on opportunities in the European Union and Asia where the Directors believe that a number of opportunities exist to acquire interests in suitable technologies. At the date of this Document, the main country of operation for the Company is the Republic of Singapore. The Directors are experienced in evaluating acquisition and investment prospects, quoted and unquoted both in the European Union and Asia. They will however need to appoint key personnel to help them identify, research and properly evaluate possible investment opportunities in the alternative energy field. Shortly after Admission, the Company intends to identify and then appoint suitably qualified and experienced individuals to fill the key personnel positions. The Directors believe that their broad collective experience in acquisitions, accounting, corporate and financial management, together with their wide industry contacts and the opinion of the key personnel and, where necessary, consultant experts, the Company will be in the best possible position to evaluate and exploit alternative energy technologies and products and will enable the Company to achieve its objectives. The Directors believe that current market conditions for alternative energy will provide an opportunity for significant financial return…
