Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» Marriet Hotel Going to Sell their 100% Stake Keep On Eye EAST
by NCC Today at 12:35 pm

» EAST EPF Deal Finalized Keep On Eye
by NCC Today at 12:35 pm

» CTCE CTCE CTCE CTCE
by nosf766 Today at 12:26 pm

» CTCE SHARE TO WATCH
by roshan1039 Today at 10:46 am

» ANILA ANILA ANILANA
by Ahcha Today at 10:29 am

» Technical Analysis
by nzr Today at 10:27 am

» PLAYERS PICK OF THE DAY
by roshan1039 Today at 10:23 am

» LDEV - MADU - BALA - WATCH
by ranferdi Today at 8:57 am

» ##FUN TOONS###
by ruwan326 Today at 7:40 am

» IF THE ADMIN STILL ALIVE PLEASE RESPOND
by ruwan326 Today at 7:29 am

» KVAL profits improve on the back of better margins and lower losses from associate
by arjunaupendra Today at 4:54 am

» We have JP54, D2 N D6 available on FOB and CIF basis for urgent lift.
by neftegazpetroleumsales Today at 3:09 am

» We Provider Verifiable BG,SBLC.MT103,MT760
by kimsungnyon02 Yesterday at 10:34 pm

» Project finance/Bg,Sblc specifically for lease
by kimsungnyon02 Yesterday at 9:58 pm

» Genuine bank instrument for lease/sale,such as BG, SBLC, MTN
by kimsungnyon02 Yesterday at 9:53 pm

» BG / SBLC / LC / DLC / MTN ETC AVAILABLE FOR LEASE
by kimsungnyon02 Yesterday at 9:51 pm

» We Currently Have Providers of BG/SBLC and Other Financial Instruments
by kimsungnyon02 Yesterday at 9:49 pm

» Financial Offer/Business Funding Through Bank Instruments
by kimsungnyon02 Yesterday at 9:47 pm

» CSE THIS WEEK
by ruwan326 Yesterday at 9:03 pm

» Financial Reports Q-4 2018
by ruwan326 Yesterday at 8:54 pm

» FOREIGN NEWS
by ruwan326 Yesterday at 8:52 pm

» Daily Foreign Transactions
by ruwan326 Yesterday at 8:51 pm

» Performance of the Market
by ruwan326 Yesterday at 8:49 pm

» CROSSINGS TODAY
by ruwan326 Yesterday at 8:21 pm

» Daily Stock Market Update
by Insights Equity Yesterday at 5:29 pm

» Sri Lanka's EPF loses most from Laugfs, Dockyard, Carsons; gains from banks
by charithaa Yesterday at 12:49 pm

» Sri Lanka's Anilana Hotels says to get more cash from Singapore’s SOMAP
by charithaa Yesterday at 12:47 pm

» Tea industry’s performance in 2018 and prospects for 2019
by ruwan326 Yesterday at 12:44 pm

» HOPL, TPL, KFP, TSML, MGT results analysis
by arjunaupendra Yesterday at 6:03 am

» LOFC AND UBC WILL RUN FROM TOMORROW
by fireshelter Mon Jan 21, 2019 10:54 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Sierra Cables to set up US $ 4mn cable manufacturing plant in Fiji

Sierra Cables to set up US $ 4mn cable manufacturing plant in Fiji

Go down  Message [Page 1 of 1]

PrasannaMani

PrasannaMani
Manager - Equity Analytics
Manager - Equity Analytics
[size=32]Sierra Cables to set up US $ 4mn cable manufacturing plant in Fiji[/size]
2016-11-02 00:02:16
 0
 129

     


Enters into joint venture agreements with 3 Fijian firms
Sierra Cables to fund 30% of the investmentCompany already has a presence in Kenya 
Sierra Cables PLC has entered into a joint venture agreement with 3 Fijian companies to start a US $ 4 million power cable manufacturing plant in the Pacific island nation.
“Sierra Cables PLC wishes to announce that it has on 13th October 2016 entered into a joint venture agreement with Vinot Patel & Co. Ltd, RC Manubbai & Co. Ltd and Progressive Investment Ltd to set up a power cable manufacturing plant in Fiji,” a filing at the Colombo Stock Exchange said.\
Progressive Investments has a diverse investment portfolio in Fiji, while the other two companies deal with hardware and construction related products.
Sierra Cables will be funding 30 percent of the investment, while also providing technical expertise and market knowhow.
Mirror Business had recently reported that Sierra Cables was planning to enter the Fijian and Maldivian markets soon.
Sierra Cables has also successfully ventured into Kenya, where there is significant unmet demand.
 

- See more at: http://www.dailymirror.lk/article/Sierra-Cables-to-set-up-US-mn-cable-manufacturing-plant-in-Fiji-118540.html#sthash.qRuMBS23.dpuf

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum