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Cyan Limited (formerly Central Insurance Company Limited) Shareholders Presentation Annual Accounts 2011 PowerPoint Presentation
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Cyan Limited (formerly Central Insurance Company Limited) Shareholders Presentation Annual Accounts 2011. 28 th April, 2012. Highlights and Lowlights 2011. Highlights: SECP revoked Insurance license on November 30, 2011.

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Cyan Limited (formerly Central Insurance Company Limited)Shareholders PresentationAnnual Accounts 2011

28th April, 2012

highlights and lowlights 2011
Highlights and Lowlights 2011
  • Highlights:
    • SECP revoked Insurance license on November 30, 2011.
    • Company reduced its exposure to related parties and invest the proceeds in high dividend yielding stocks.
    • The market capitalization of the company grew by 71% to Rs. 1,955 million.
  • Lowlights:
    • Loss after tax for the year was Rs. 197.5 million due to sharp decline in related parties shares.
    • Market value of the investment portfolio declined by Rs. 980 million (25%) to Rs. 2,947 million due to decline in related parties shares.
    • Share trading at discount to book value
diversification of investments
Diversification of Investments
  • Portfolio diversification was a major driver of investment strategy…
  • Reduction of exposure in related parties was achieved from 78% to 47%.
top ten holdings
Top ten holdings

* Top ten holdings represent 97% of the total portfolio

outlook
Outlook
  • The company has discontinued its insurance business and is actively undertaking growth equity and portfolio investment business.
  • Implement the new business model to deliver superior risk adjusted return to the shareholders.