Somaliland: Pontus Marine Ltd Launches in Hargeisa September 1st 2013

By: Yusuf M Hasan

Somalilandsun – Pontus Marine Ltd- Hargeisa Launch organized by Guul Group will be 8:30am on Sunday 1st of September at Ambassador Hotel.

Pontus Marine which was founded in 2013 with an aim of providing quality fishery to both

domestic and overseas markets through harnessing the country’s fishing sector shall be issuing company shares worth $5m to the public during the Hargeisa launch at Ambassador Hotel on 1st September 2013.

The Pontius Marine Fishery sector development program shall be based in Mayd and Berbera, Somaliland, which is one of the most productive phytoplankton and zooplankton areas in the world, sustaining rich feeding and nursery grounds for more than 600 fish species, including high value species like tuna, lobster, cuttlefish, shrimps, shark and many more. read more

Somaliland: Pontus Marine Investment Targets the over 600 Species of Fishes in national Waters

ublic share issue in Berbera takes place after technical differences between organizers and Sahil regional administration are solved amicably then not amicably

By: Yusuf M HasanPontus Marine MD Abokor poses an investors querry in BerberaPontus Marine MD Abokor poses an investors querry in Berbera

BERBERA (Somalilandsun) – Residents of Sahil region finally received briefing on the fisheries sector development program fronted by the Pontus Marine Ltd that is issuing shares of the company worth $5m

Despite the failure to undertake the function a day earlier caused by the police which ordered organizers to stop activities then in motion at the Barwago Hotel in Berbera following orders of the regional governor the program went on the following day (28th) as planned. read more

Somaliland: Toghdeer Region Responds Positively to Pontius Marine Shares Issue

By: Yusuf M HasanMr Abokor presents Pontus marine to Toghdeer residents in BuraoMr Abokor presents Pontus marine to Toghdeer residents in Burao

BURAO (Somalilandsun) – The public issue of Pontus marine company shares worth $5m expects to garner over $600,000 in Toghdeer region following the launch of the first ever issue of such shares in the country in Burao town.

At a function organized by the Guul Group consultancy company 79 resident5s of the sprawling region in the east and home to the biggest livestock market in Somaliland registered for purchase of a diversified number of the Pontus marine ltd shares each worth $500.

The prospective shareholders of Pontus marine an international company owned by somalilanders mostly in the Diaspora is to be partners in a fisheries sector development that will see the country attempt for the first to have its marine resources fully benefitting residents.

During a presentation at the Burao function held at the cities Barwago hotel –Omaar building a company director Mr. Ahmed Abokor who made a presentation on the fisheries program of his company and later fielded questions to the assembled prospective investors informed that the main objective is not only to develop the sector which is currently of benefit to foreigners both legal and illegal but to have active participation of citizens as well.

The Managing director who gave various aspects of the fisheries sector development plan of the company further urged citizens to take part in the innovative fisheries strategies designed by Pontus marine by acquiring shares in the company thence became part of an innovative plan.

According to Mr. Abokor hundreds of somalilanders in the Diaspora have already acquired Pontus marine ltd fisheries development shares thence the opportunity for local based ones to do likewise through the $5m worth of shares on offer.

A section of participants at the Burao Share issue A section of participants at the Burao Share issue”The company is focusing on supplying fully processed quality fishery to both domestic and overseas markets through the acquisition of state of the art technology and the establishment of canning factories in a number of port cities” said Mr. Abokor

In conclusion of his presentation the Pontus marine director further revealed that “Not only shall the successful implementation of this program greatly facilitate locals benefit from their marine resources but create over 400 new jobs in the fishery and other related sectors like services, transport and hospitality etc”

Having successfully completed its first foray of organizing and conducting the Pontus marine shares issue in Burao Guul Group is in Sahil Region where residents of the country’s major fishing industry shall be availed a similar opportunity at the Barwago hotel in Berbera town on 27th August 2013 at 6pm followed by Marodhi-jeeh region a few days later.

Be there to be part of this great innovative project designed to stimulate the country’s fishing industry thus provide sustainable livelihoods, employment opportunities and economic development.

For details on how to participate in this venture for citizens outside the country or in other parts of the country kindly Contact the Guul Group Managing Director Mr. Guleid Telephone 00252 24735293 and emailgrowth@guulgroup.com

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Somaliland: Pontus Marine Share Issue Targets 400 New Employment Opportunities