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Bai investment announces its plans to enter glass industry

In an official press release Bai Investment (DI) has declared its investment plans. They have made public the recent proposal to commemorate a company for glasses. The company will primarily be engaged in the business of glass. The core objective will be to purchase other glass companies (through mergers acquisitions or holdings) and make sure that they are transacting business in glasses in an excellent manner.

The chief executive officer cum managing director of the company Khalid Kalban, also explained the background for entering this new venture. He said that there was a great demand for glasses as a result of the increase in local property market. Similarly he also added that the investment modalities and break ups in terms of financial figures will also be released in a few days.

Kalban also said that the market is very encouraging and optimistic in the whole of Dubai. Similarly he was also of the opinion that investment opportunities are unlimited and people are taking their best efforts to ensure that no stone is unturned. He mentioned that the company had taken this into account and will prove their mettle in the new pasture. This will be a great feather in the growing hat of the company, quipped the managing director cum chief executive officer. He also added that the glass industry is not well structured in Dubai and that it is struggling a lot to make an impact for obvious reasons and said that the company had envisaged and foreseen this opportunity and only after assuring that it will give them the best returns and as well as prove to be a great benefit for the stakeholder economy and nation. Similarly he was also of the opinion that only a giant company like their could establish a magnificent venture of this sort because they have the capacity to bear 9initial losses if any and recoup in the future and as well as make alarming profits due to several factors like their size of operations, volume of business, reputation, proven grounds and so on.
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