Shalimar (Malay) Plc (Sri Lanka)

Shalimar (Malay) Plc is a company located in Colombo, Sri Lanka. The company's vision is to become a result-driven, technology-oriented, regional holding company. They aim to satisfy customer needs and maximize employee potential while meeting their social responsibilities. In line with their vision, Shalimar (Malay) Plc plans to expand their core businesses to South Asia and South East Asia, taking advantage of the opportunities in the rapidly developing economies of the Asian region. While Sri Lanka remains their home base, they recognize the need to mobilize resources and develop core competencies to make their businesses regionally competitive over time. The company acknowledges the challenges they will face in pursuing this strategy, including competitive and regulatory environments and market entry barriers. However, they believe that the opportunities presented by the developing economies in Asia are too attractive to be ignored. They emphasize the importance of integrating themselves with the growth trends in the Asian landscape. Shalimar (Malay) Plc also recognizes that their planned expansion cannot be achieved solely through their own efforts. They will continuously explore strategic alliances, joint ventures, and other collaborative arrangements to bring in the financial resources, technical expertise, and management competencies required for expansion. Locally, they will leverage their existing resource base and expertise to accelerate the growth rate of their locally focused sectors.