The Payment Date will be promptly following the Expiration Date and is expected to be on or about March 19, 2013 for the Dollar Debentures and SAFG
Securities and on or about March 20, 2013 for the Sterling and Euro Debentures.
For the preliminary solution only 8 epochs in approximately half yearly steps were chosen, but however, the selection of used days was influenced by the quality of observations and their availability together at all four stations NKHL, PHLW, SAFG and SLUM.
GPS observations on suitable Egyptian stations (NKHL, PHLW, SAFG, and SLUM) at 8 chosen epochs (see Chapter 2, Table 1) were processed for each epoch individually as independent campaigns.
The comparison of horizontal velocities is possible only for the station HELW/PHLW as the data from the other Egyptian stations (NKHL, SAFG and SLUM) are neither in the above mentioned papers nor in other available references at disposal.
Following consummation of the tender offer for the SAFG
will cause the trusts to be dissolved and the SAFG
Debentures to be distributed to the holders of their capital securities.
In addition, the negative outlook on the SAFG
entities reflects the challenges associated with the individual entities within SAFG
regaining market momentum under their current distribution model, the reduced premium volumes on the domestic life side, which continues to decline from historical levels, while on the retirement services side, their spread-based businesses remain vulnerable to interest rate risks and the effects of the global economic environment.