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.
Subscribe to 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
-
FTSE 100 hits record highs – why is it rising and will we see more gains?
Advice UK equities have been described as unloved for a long time but as the FTSE 100 hits new highs, we explain if now is the time to buy British.
By Marc Shoffman Published
-
How to invest in copper
It may be time to invest in copper as the red metal appears poised for a big jump. Dominic Frisby looks at what should investors should buy
By Dominic Frisby Published