Saturday, December 4, 2010

Dimension Trade And Commerce Ltd. Commences Activities by Vianney D'Gama (Edit 3 Sep-Oct 2007)

Dimensions is a movement which is aimed at harnessing the resources of the community and channelling it for the benefit of the community again aimed at creating wealth and using the same for community development. The members of Dimensions consist of businessmen and professionals from various walks of life like legal, medicine, investment, education etc to name a few. Apart from social objectives, the members of Dimension were of the view that floating a commercial venture by pooling the resources of the members would appear as an excellent vehicle for generation of wealth. The idea was mooted by driving force behind the movement – Freddy Mendonca- After a brain storming session the idea resulted in the birth of Dimension Trade and Commerce Ltd. a corporate where the objective is to maximise wealth for its stake holders Dimension Trade and Commerce boasts of an excellent Board, consisting of personalities, who have excelled in their respective fields and are burning with a passion to make this venture a roaring success. Dimension Trade and Commerce commenced operations recently and to finance its business activities it issued shares to its members at the rate of Rs. 10/- per share and the response was overwhelming. In the first phase, the company decided to focus on two growth areas for deployment of funds- the stock market and the real estate markets and what is gratifying is that the funds deployed in these two segments have generated excellent returns. Going forward the company is planning to increase the outlay in these two growth segments. The management is now in the process of expanding its activities in these two high growth areas. To increase its fund base to undertake the expansion plans the company is planning to issue shares to its members who could not be accommodated in the initial phase. The Directors are now seized with the thought of further diversifying the income streams of the company so as to not only enhance the income streams, but to have a stable and diversified income portfolio. With the Indian economy poised for accelerated growth in the years ahead, Dimension Trade and Commerce is all set to bask in the glory of a growing economy.
Vianney D'Gama is a Freelance Writer

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