Nora-Sakari: A Proposed JV in MalaysiaIntroduction This case, involves setting up of a joint venture (JV) surrounded by a Malayan company, Nora Holdings Sdn Bhd (Nora), and Sakari Oy (Sakari), a conglomerate from Finland. Nora is one of the leading suppliers of telecom solutions in Malaysiawhile Sakari has skill in smooth phones, digital exchanges, is a niche instrument in the globalswitching market, and has a major share of the Finnish winding market. Nora submitted a bid for tenders that were floated by Malaysias national telecom company, TelekomMalaysia Bhd (TMB), to develop the countrys telecommunication infrastructure to sustain hold withthe governments Vision 2020 program. TMB neither had the practiced know-how nor the expertise to take on the massive infrastructure project. Nora was one of the 7 companies short-listed by TMB to install digital switching exchangesin mixed move of Malaysia to support four million telephone lines. It needed the JV with Sakarito ensure it could meet the obligations for the TMB contract, learn from their success, andreplicate their model in the Malaysian market.
It had government ties, had won a part of the bid, wanted to enter the south Asian market piggy title on Sakaris technology, and above all,had knowledge of the Malaysian market. Sakari, on the other hand, wanted to enter the Asianmarket because of the opportunities it offered, and had technology that Nora was looking for.The negotiations between Nora and Sakari included twenty dollar bill meetings and each status had investednot less than RM3 million in securing the JV. T he two parties face issues and poblem which! resulted the failiture of the JV, we willing discuss these issues in the questions.If you want to get a dependable essay, order it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment