Dialight forms joint venture in Asia
Dialight, a producer of LED lighting technology, has established Dialight Asia, a joint venture (JV) with Lumina Holdings Systems based in Singapore.
Dialight, a producer of LED lighting technology, has established Dialight Asia, a joint venture (JV) with Lumina Holdings Systems based in Singapore.
This new business will be responsible for the promotion and sale of Dialight industrial white lighting products in South East Asia.
A number of staff will be transferred from Lumina and further employees will be recruited through the JV to enable to business to take full advantage of new opportunities within key oil and gas markets in the region as they arise.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The venture will be largely supplied from Dialight's new facility in Penang, Malaysia, where much of the business will be addressed.
NR
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Is it time to ride the recovery in emerging markets?
Interview What's the outlook for emerging markets? Gustavo Medeiros, head of research at Ashmore Group, gives his analysis and reviews progress in developing economies
-
Could the Enterprise Investment Scheme cut your tax bill?
The Enterprise Investment Scheme is tax-efficient and potentially lucrative. Taking a chance on the scheme could trim your family’s IHT bill, says David Prosser