The Mauritius Leasing Company Limited (ML), the only leasing company listed on the Stock Exchange of Mauritius, provides leases for equipment, machinery, plant, motor vehicles, tools, and other assets to industrial, agricultural, commercial, service sectors, the self-employed, professionals and individuals.
Over the past 17 years, The Mauritius Leasing Company Limited has developed a strong reputation as an efficient, competitive and innovative company that focuses on delivering outstanding service to its clients, while successfully adapting to meet new challenges.
A brief look at the Company's history shows that Mauritius Leasing has always been a pioneer in its field by operating a strategy of innovation:
1987
Mauritius Leasing was incorporated as a joint venture between Government and the private sector of Mauritius and was the first company to offer leasing facilities to businesses.
1990
Mauritius Leasing became the first leasing company to issue debenture stocks listed on the Stock Exchange of Mauritius.
1995
Mauritius Leasing was authorised by the Bank of Mauritius to conduct deposit-taking business.
1997
British American Insurance Co. (Mtius) Ltd acquired a 75% stake of Mauritius Leasing.
2004
First leasing company to be listed in the SEM as from February 27, 2004.
The Company also launched the first 100% instant lease financing targeted at retail clients. This product previously unavailable in Mauritius, was launched in November 2004 supported by a major advertising campaign and 11 vehicle dealers
The installation of global banking solution software, FlexCube, in November 2004, will significantly enhance efficiency, custom service and profitability, in the forthcoming year.
FINANCIALTerms
EPS - Earning Per Share
DPS - Dividend Per Share
NAV - Net Asset Value
PER - Price Earning Ratio
NAV - Net Asset Value
