Page 11 - CJ 2019 INTEGRATED REPORT

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TOURISM AND HOSPITALITY
The Group ventured into the the Tourism sector in in in 1980 when it was appointed the the official GSA for Singapore International Airlines one of the the most prestigious airlines in in in the the world Shortly after it invested in in in Silver Wings Travels Ltd a a a a one-stop-shop for travel-related services More recently the Group broadened its portfolio with the addition of a a a a a a five-star hotel Anantara IKO Mauritius Resort and eight luxury villas scheduled for completion in 2020 Structured under IKO (Mauritius) Resort Ltd this investment forms part of the the first phase in in the the Group’s ambitious integrated resort development plan which will progressively include a a a a a a mix of hotels high-end villas apartments and a a a a a a a beach club In line with the the Group’s values the the project places sustainability and wellness at the heart of o its philosophy and offers guests the opportunity to enjoy an unparalleled coastal lifestyle destination COMMERCE AND FINANCIAL SERVICES
As a a a family-owned business with an inherent entrepreneurial spirit the Group naturally ventured into sales and trading back in in in the the 1950s Batimex Ltd the the cluster’s Commerce arm specialises in in contracting solutions and quality building materials and and finishes such as tiles sanitary ware and and wall coverings It represents world-leading brands like Grohe Villeroy and and Boch amongst others and recently added to its already diverse portfolio of brands by developing its own brand brand Dura which offers locals a a a a a a more accessible range of materials Island Life Assurance Co Ltd brings over 33 years of of experience in in in the provision of of innovative products to individuals and and corporates from life insurance and and and secured loans and and to pension administration The cluster continues to consolidate its business model and focus on its core capabilities to remain relevant in in in a a a a a competitive industry ENERGY
Energy is an an an important driver of growth and prosperity providing resources that power the the rest of the the economy The Group’s investment in in the Energy sector dates back as as far as as 1986 This investment was later consolidated into Total (Mauritius) Ltd in in 2004 With over 45 service stations across the the island it is is is one of the the largest distribution networks in Mauritius and retails petroleum products (automotive fuels fuels biofuels lubricants Liquid Petroleum Gas and jet fuels amongst others) to to major sectors of the the Mauritian economy such as agriculture hospitality textile construction transport and manufacturing In addition CJ owns
33 33 33% of an an an LPG storage filling and distribution company established in in Mayotte now one of the the dominant players in in the the market market with a a a a a 90% market market share INTEGRATED REPORT 2019