Nora-Sakari: A Proposed JV in MalaysiaIntroduction This case, involves setting up of a joint venture (JV) between a Malayan company, Nora Holdings Sdn Bhd (Nora), and Sakari Oy (Sakari), a conglomerate from Finland. Nora is nonpareil of the leading suppliers of telecom solutions in Malaysiawhile Sakari has readiness in smooth phones, digital exchanges, is a niche doer in the globalswitching market, and has a major share of the Finnish nimble 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 take for hold withthe governments Vision 2020 program. TMB neither had the technological 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 assorted move of Malaysia to support four million telephone lines. It mandatory the J V 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, hold dear to enter the south Asian market piggy accompaniment 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 aspect had investednot less than RM3 million in securing the JV. The two parties face issues and poblem which resulted the failiture of the JV, we willing discuss these issues in the questions.If you want to get a liberal essay, order it on our website: OrderCustomPaper.com
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