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Investment Portfolio Overview
As at 31st March 2009, the portfolio of investments totalled Rs 4.7bn. It is composed of about eight major investments across a number of sectors and includes a number of well-established companies. The main investments are in tourism, leisure and property which together account for over 50% of the portfolio's value.
 
    Value at
March 31,2009
Rs'm
% increase
Y.O.Y
% of
portfolio
2008/2009
 
           
  Tourism        
  Constance Hotels Services Limited 797 (36) 17  
  Sun Resorts Limited 520 (66) 11  
  Other 126 (51) 3  
    1,443 (53) 31  
           
  Commerce        
  Ireland Blyth Limited 772 (45) 17  
           
  Property        
  Ferney Ltd 767 (1) 16  
  CIEL Properties Ltd and Flagstone Property Management Limited 20 (64) -  
  Anahita Residence and Villas Ltd 109 100 3  
  Other 103 - 2  
    999 7 21  
           
  Healthcare & Life Sciences        
  Novelife Ltd 444 (8) 9  
           
  Construction        
  General Construction Company Limited 227 (10) 5  
  Other 54 (13) 1  
    281 (11) 6  
           
  Financial Services        
  Bank One Limited 458 103 10  
  Halifax Management Limited 35 25 1  
  Ipro Group 72 (49) 2  
  Other 67 (48) 1  
    632 20 14  
           
  Other 130 (45) 2  
           
  Total 4,701 (32) 100  
 
 
Tourism
30% of portfolio
Sun Resorts Limited
Sun Resorts Limited is a major Mauritian hotel group that currently owns and manages four resorts in Mauritius - Le Touessrok, Sugar Beach Resort, La Pirogue and Le Coco Beach. The Company's flagship property is Le Touessrok, a five star luxury resort and member of the Leading Hotels of the World.
Constance Hotels Services Limited
Constance Hotels Services Limited (CHSL) is an upcoming tourism and leisure group in the Indian Ocean. Its two resorts in Mauritius, the prestigious Le Prince Maurice and Belle Mare Plage resorts, situated on two magnificent sites on the east coast of the island, Lémuria Resort in the Seychelles and a small luxury lodge in Nosy Be (Northern Madagascar) add to 604 rooms.
 
 
Commerce
28% of portfolio
Ireland Blyth Limited
Ireland Blyth Limited
(IBL) is a diversified conglomerate ranking amongst the largest groups in Mauritius. Its activities cover a number of sectors including shipping and aviation services, food distribution, the seafood hub, financial services and property related activities. It also has a sizeable investment in Sun Resorts Limited (SRL) (23%), making it the largest shareholder of SRL. The group has a growing presence in Africa and the Indian Ocean's Islands.
 
 
Property
19% of portfolio
Ferney Ltd
Located in the South East region of the island, a region of outstanding natural beauty, the Ferney estate comprises of some 1,300 hectares of land under sugar cane cultivation and some 2, 000 hectares of managed greenwood land. The Ferney region is of great international importance with its unique natural heritage nested in the Ferney valley. The valley shelters some very rare species of endemic trees, amongst some were thought to be extinct for over 100 years, and some rare bird population can also be found.
With a well-preserved fauna and flora, the Ferney area also offers spectacular panoramic scenery over the east coast of the island an. And is of great historical importance, being the first place where the Dutch had arrived in 1598 and where sugar cane had first been introduced in 1639, in Mauritius.
CIEL Properties Ltd
CIEL Properties has the ambition to be the premier partner in the property development and leisure experience industry in its chosen markets. Its first project consists of the development of Anahita , an integrated resort currently under development on the East coast of Mauritius and which will also entail the management by CIEL Properties of most of the residences at Anahita. The company also aspires to develop and manage several other projects in the future. CIEL Properties main strengths rely on a well established network of partners such as its association with Playground, which is the marketing and sales arm of Intrawest, a leading international development company.
 
 
Construction
5% of portfolio
General Construction Co. Ltd
General Construction Co. Ltd (GCC) is the leading civil and building engineering company in Mauritius. Over the years, it has earned a solid reputation as a reliable partner capable of realizing the country's most challenging building and infrastructure projects. With property developers scrambling to find building companies to execute their projects and a full order book, GCC is poised to maintain this current positive trend over the foreseeable future.
 
 
Financial Services
5% of portfolio

Bank One Ltd (previously known as First City Bank Limited)
Bank One Ltd was acquired in February 2008, in partnership with the Kenyan banking institution, I&M Bank. With its 13 branches scattered over the island, Bank One is gearing up to be a leading player in the banking sector in Mauritius. It is currently working on a number of innovative products to be offered to its customers.

Halifax Management Limited
Halifax Management Limited is an established global business management company, licensed by the Mauritius Financial Services Commission. The company provides qualified professional and tailor-made solutions, in terms of administration and trusteeship services, to a diverse range of clients engaged in international transactions, such as investment holding, import and export of products and services, foreign investments, property management and ownership of assets in trusts. Halifax Management Limited structures and ensures that their Clients' global business operations are efficiently implemented in Mauritius.

Investment Professionals Ltd (IPRO)
Investment Professionals Ltd is an integrated investment services company in Mauritius. It offers its institutional and private clients sound advice tailored to match their financial needs while offering an array of innovative products covering capital preservation, income generation and long term capital growth. With its two wholly owned subsidiaries, namely IPRO Fund management Ltd and Galileo Portfolio Services Ltd, IPRO acts as one-stop integrated solutions provider.

 
 
BPO
1% of portfolio
Execom Ltd
Established since 2001, Execom Ltd is a leading call centre in Mauritius, specialised in telemarketing and crm solutions. Execom has an extensive experience for inbound and outbound operations, and is delivering value-added services in voice and high-end data operations, mostly on the French and US market. Considering its excellent performance and growth, Execom Ltd was acquired by CIEL Group in 2006 and has since then already setup a marketing office in Paris, to start delivering higher profile clients.
 
 
 
Focus
22 Jun 2010
CIEL Investment
Audited condensed financial statements for the year ended March 31, 2010
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19 Apr 2010
Acquisition of a 55% stake in MITCO by CIEL Investment Ltd
CIEL Investment Limited reinforces its presence in the Global Business Sector
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30 Mar 2010
CIEL Investment
CIEL Investment Limited increases its shareholding in Sun Resorts Limited
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24 Mar 2010
CIEL Investment
Fortis to acquire strategic stake in Parkway Holdings, Singapore
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10 Feb 2010
CIEL INVESTMENT LIMITED AND ITS SUBSIDIARIES
Unaudited condensed financial statements for the nine months ended December 31, 2009
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3 Dec 2009
CIEL Investment
Capital restructuring of CIEL Investment
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16 Nov 2009
CIEL Investment
CIEL Investment is proceeding with a capital restructuring and chooses to focus its investment portfolio.
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Focus
CIEL Investment
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CIEL INVESTMENT LIMITED AND ITS SUBSIDIARIES
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