Nora-Sakari: A Proposed JV in MalaysiaIntroduction This case, involves setting up of a joint venture (JV) mingled with a Malayan company, Nora Holdings Sdn Bhd (Nora), and Sakari Oy (Sakari), a conglomerate from Finland. Nora is one(a) of the leading suppliers of telecom solutions in Malaysiawhile Sakari has dexterity in smooth phones, digital exchanges, is a niche worker in the globalswitching market, and has a major share of the Finnish energetic market. Nora submitted a bid for tenders that were floated by Malaysias national telecom company, TelekomMalaysia Bhd (TMB), to develop the countrys telecommunication infrastructure to nab hold withthe governments Vision 2020 program. TMB neither had the expert know-how nor the expertise to take on the massive infrastructure project. Nora was one of the 7 companies short-listed by TMB to install digital switching exchangesin dissimilar move of Malaysia to support four million telephone lines. It essential the JV with Sakarito ensure it could meet the obligations for the TMB contract, learn from their success, andreplicate their model in the Malaysian market.
It had government ties, had won a part of the bid, cherished to enter the south Asian market piggy disdain on Sakaris technology, and above all,had knowledge of the Malaysian market. Sakari, on the other hand, wanted to enter the Asianmarket because of the opportunities it offered, and had technology that Nora was looking for.The negotiations between Nora and Sakari included twenty dollar bill meetings and each ramp had investednot less than RM3 million in securing the JV. The two parties face issues and pob! lem which resulted the failiture of the JV, we allow for discuss these issues in the questions.If you want to get a dear essay, order it on our website:
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