Archive | September 2013

Guul Group to Handle Pontus Marine Fisheries Investment Portfolio

By: Abdirahman YonisAhmed Abdulqadir Ahmed Abdulqadir

Somalilandsun – Due to The Development of the country, Pontus Marine Limited which is Somaliland’s First global Fishing Company with its aim of focusing on supplying quality fishery to domestic and overseas market Welcomes Local Investment Participation to Somaliland.

Speaking to Somalilandsun Mr. Ahmed Abdulqadir Ahmed Public and Communication Manager to Pontus Marine said that Their Company is launching a Development Program to the Country towards Fishing Opportunities

” We are here in Somaliland to invest a huge Program in supplying Fishery to an international Market which can contribute the Development Process of the Country”

Mr. Ahmed added that he hopes this program will Interact an international investment to the country ” the Success of this Project Can result on international Investment to the country” he also appreciated the Somaliland government’s support towards their project

Finally Ahmed told that Pontus marine Limited which is owned by Somaliland shareholders was established to create job opportunities to Somaliland population specially youth groups thence help combat the out of control Tahrib-illegal immigration.

On the other Hand the Pontus marine Ltd has delegated its local operations to Guul Group, a consultancy firm registered in the UK and Somaliland where it shall handle all matters related to the fisheries development program now under activation through company public shares issue.

“All Pontus Marine operations in Somaliland shall be handled by Guul Group until the fisheries development takes root” said Ahmed Abdulqadir Ahmed Public and Communication Manager to Pontus Marine

Guul Group CEO M GuleidGuul Group CEO M Guleid

According to Guul Group Managing director Guleid Liban activities conducted by his firm as pertains the Pontus marine contract include facilitating the program launch as well as shares issue in Toghdeer-Burao, Sahil-Berbera and Marodhi-jeeh-Hargeisa regions where prospective investors have so far pledged purchased of over $1.5m worth

“Currently Guul Group is making follow-up to the pledges made as well as providing information to the large number of prospective investors flocking our offices at the Star towers opposite Hadhwanag hotel in Hargeisa as well as in Berbera and Burao.

This is the first time which a marine Company established in Somaliland by Somalilanders will provide seafood supplies to regional and worldwide markets.

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 634018166 and email growth@guulgroup.com   or visit http://www.pontusmarine.com

The writer Abdirahman Yonis is a reporter with HCTV and an apprentice print journalist with Somalilandsun

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“Support Local Investments Wholeheartedly” Citizens urged During Pontus Marine Launch

“Why should we, Somalilanders, rely on fish imports from Mogadishu and elsewhere while our waters hold over 600 different species” Fisheries minister

“The incompatible two, Stop Tahrib through creation of employment and opposition against investments” Presidency minister

“Pontus Marine Ltd intents to harness local resources towards development of the fishery sector thus secure hitherto elusive global markets for the abundant and locally untapped marine products- Mohamed Yusuf

By: Yusuf M Hasan

HARGEISA (Somalilandsun) – As local fishermen continue to wallow in poverty citizens are consuming fish imported from Somalia and as a far as Philippines among other countries.

This anomaly which was highlighted during the launch of the Pontus Marine ltd Fisheries development program in Hargeisa has been termed as negative to the country’s economy by government officials, politicians, ordinary citizens and business concerns as well participating at the function held at Ambassador Hotel in Hargeisa.

Section of launch ParticipantsSection of launch Participants

Speaker after Speaker upon welcoming and supporting the Pontus marine ltd initiative of fishery sector development by harnessing local resources through company shares issue urged the public to take active part by buying the shares worth $5m which are priced at a $1 each with a minimum of 500.

The presidency minister Hirsi Haji Ali who told participants that the development of the fisheries Presidency Minister Hirsi AliPresidency Minister Hirsi Alisector was long overdue urged citizens to embrace current trends thus refrain from perceiving any venture with a clan or regional view.

“Stop Tahrib through creation of employment and opposition against investments are two very incompatible demands some section of the public continues to make on the government,” Said the presidency minister

Urging wholehearted support to the Pontus marine fishery development Initiative Minister Hirsi reminded citizens the difficulties placed on the government’s quest as pertains to various investments like oil exploration and Berbera factory rehabilitation.

Said he, “While oil exploration is now underway smoothly and proceeding to the extraction phase the rehabilitation of the Berbera Cement factory remains untenable following opposition from some citizens”

Decrying the ongoing import of fish while the country’s fishery sector remains undeveloped the minister of Fisheries and Marine Resources Ali Jama Farah ‘Bureed’ said his ministry shall work with and provide all necessary support possible to the Pontus marine initiative.

Honoured guestsHonoured guests

“In order to revive the local fishing industry the government through my ministries and other departments is ready to provide Pontus Marine with all necessary support towards attainment of its sector development objective” said Minister Bureed

Wondering how anyone would oppose a local initiative while the country imports fish from Somalia and other countries the Fisheries minister said

“Why should we, Somalilanders, rely on fish imports from Mogadishu and elsewhere while our waters hold over 600 different species”

In an address that elicited laughter from participants at the Pontus marine launch event in Hargeisa the Chairman of Guurti-which is the upper chamber of parliament Hon Suleiman MahmudFisheries ministerFisheries minister Aden said that some claimants to community leadership should carefully attune with developments fronted by the government or citizens before opposing them in the guise of protecting local communities against exploitation.

Referring to a recent visit to an area in the east of the country where residents were up in arms against the exploration of oil by an international company contracted by the government, dispute having emanated from media campaigns by some unscrupulous and self-seeking individuals claiming to represent the interest of the local community the house of elder’s leader said

“Following some arguments about oil exploration in the east of the country I Recently visited one of the areas and in a meeting with leaders and citizens flimsy and unfounded reason were given for their objections to the venture”

As he relived the meeting Hon Suleiman Aden said that having put the picture concisely especially as per the ultimate benefits of the venture to both the community and the nation at-large things are back to normal with the formerly hostile residents enthusiastically supporting and taking part.

“The successful exploration of oil in this area will not only see you get gainful employment but also stop your seasonal migration from one grazing area to another” the Guurti leader told a laughter full audience

He informed that he managed to deter further opposition and gain community support for Hon Suleiman AdenHon Suleiman Adenexploration after clearly giving factual information as opposed to the earlier provided by the self-seekers especially as to the immense economical advancements to be accrued.

“Not only you but your goats and other livestock shall also benefit due to availability of funds towards enriching grazing areas and providing sufficient drinking water” Elder Suleiman reminisced as having told the residents.

During his presentation Diaspora based lawyer Mohamed Yusuf who is fronting the Pontus Marine Ltd initiative of fisheries sector development though harnessing local resources detailed the three main important timelines of the program as being:Pontus Marine BossPontus Marine Boss

• Availing Cold Storage facilities

• Transportation and

• Marketing

Pontus Marine Ltd intents to harness local resources towards development of the fishery sector thus secure hitherto elusive global markets for the abundant and locally untapped marine products- said Mohamed Yusuf

On the programs procedures Mr. Yusuf informed “After establishing cold storage facilities in Mayd port Sanaag region and a viable land and sea transport system emanating from Mayd and based in Berbera the next stage will be international marketing beginning with Ethiopia and later proceeding to the various countries in Europe where fish remains in great demand”

Prospective investor querry Pontus Marine on investment guaranteeProspective investor querry Pontus Marine on investment guarantee

On the issue of investment guarantees that has continuously dodged Pontus marine raised by prospective investors during launches in Burao, Berbera and Hargeisa lawyer Mohamed Yusuf informed that the venture is a business investment and not a ‘Hegbaad’ (merry go round) thus liable to profit or loss

Said he, “What I can guarantee is that your money shall go where and do what it is intended for”

 

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.

“our company which is duly registered in the UK and has prominent personalities on board like the former UK minister for Africa as chairman has sufficient funds to operate on its own but a desire to involve local communities entails the issue of company shares to the public” says Ahmed Abokor the Pontius marine Managing director who is currently spearheading company operations in Somaliland.

According to Mr. Guleid the managing director of Guul Group, the company organizing Pontius marine activities in Somaliland similar shares issue as the one planned for Hargeisa have already been conducted for the Diaspora successfully in London with local ones already completed in Burao and Berberawhere the residents of Toghdeer and Sahil regions responded positively

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 634018166 and email growth@guulgroup.com  or visit www.pontusmarine.com

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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.

“Kindly accept my apologies for the failure to kick off activities last night which was occasioned by some technicalities that necessitated postponement until proper arrangements are put in place” said the managing director of Pontus marine Mr. Ahmed Abokor in his opening address to the assembly of prominent personalities and investors.

Participating female investorsParticipating female investorsThe Pontus Marine ltd boss who gave a presentation of proposed development activities to be conducted within the country’s fisheries sector said the company intends to put Somaliland in the international market as a provider of assorted marine products.

“Within our territorial waters there are 600 species of fishes that are in demand worldwide and we in Pontus marine and local and Diaspora investors who already own or plan to buy shares in the company shall harness for the benefit of the country and its people” said AbokorSection of participants at the Pontus marine event in BerberaSection of participants at the Pontus marine event in Berbera

While revealing that the any investments in the company is secure the MD informed that world prominent personalities are steering activities while official registration of Pontus marine in the UK gives investors the security offered by that country.

Said he, “The chairperson of the company and among those spearheading the fishing program is a former UK minister for Africa while legal matters pertaining to finances are under the charge of a team of prominent legal minds who include a Somaliland entrepreneur Mohamed Yusuf”

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.

Ahmed Abokor details Pontus Marine fishery dev strategiesAhmed Abokor details Pontus Marine fishery dev strategies

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.

“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

According to company plans the successful implementation of the project shall in its initial year create over three hundred much needed new jobs not only in fishing but other related sectors.

A former Director General in the ministry of Fisheries and marine resources Mr. Mohamed Awil who applauded the company founders for their innovative scheme of fisheries development and public share issue urged Sahil residents not to hesitate and buy shares now rather than later.

Bringing the event to conclusion was Sahil traditional leader Sultan Mahmud Ahmed Sheikh who upon congratulating Pontus marine for resilience, also apologized on behalf of residents of the entire Sahil region for the mishaps that saw the original function barred by police from taking place and subsequent attempts to do so during the second’ day.

Participants led by Sultan Ahmed Mahmud not only manage to soothe the law enforcer but convince him to buy shares in the venture as well

Despite the disruption of the original event and attempts on the second day Guul Group which is organizing events on behalf of Pontus Marine managed to register over 50 interested investors from within Sahil region communities.

A prior event in Burao town saw over 79 residents of Toghdeer region register for purchase of shares reported to be worth $600,000 and still counting as the next event is planned for Marodhi-jeeh region in Hargeisa on 1st September.

Be there to be part of this great innovative project designed to stimulate the country’s fishing industry thus proEvent organizer Guleid of Guul Group follows proceedingsEvent organizer Guleid of Guul Group follows proceedingsvide 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 634018166 and email growth@guulgroup.com

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Somaliland: Toghdeer Region Responds Positively to Pontius Marine Shares Issue

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

 

 

Somaliland: Pontus Marine Share Issue Targets 400 New Employment Opportunities

By: Yusuf M HasanGuul Group and Pontus marine ltd officials at the progream Launch in HargeisaGuul Group and Pontus marine ltd officials at the progream Launch in Hargeisa

HARGEISA (Somalilandsun) – Pontus Marine Ltd Somaliland’s first global fishing company focusing on supplying quality fishery to both domestic and overseas markets has launched its local operations with the issue of $5m worth of shares of the company to the public.

 

At a function organized by Guul Group Consultancy at Ambassador Hotel in Hargeisa the Managing Director of Pontus Marine Ltd Mr. Ahmed Abokor revealed that over 400 new employment opportunities are targeted following the share issue to the public.

“So far hundreds of somalilanders in the Diaspora have already acquired Pontus marine ltd fisheries development shares” said Mr. Abokor as he informed that $5m worth of shares are on offer for citizens.

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.

The Pontus marine fishery program shall provided canned marine products packed in establishments to be established in Hiis and Mayd ports in Sanaag region.

The company’s public share issue shall initially be held in three cities is spearheaded by Guul Group which is organizing the launch of this much needed investment and subsequent operations startup.

Following the press conference that launched the program Guul Group has organized the following itinerary for the Pontus marine bosses to officiated at the share issues

1. Toghdeer region at Barwago Hotel Burao on 26th August 2013 at 6pm

2. Sahil Region at Barwago Hotel Berbera on 27th August 2013 at 6pm

3. Marodhi-jeeh region at Ambassador Hotel Hargeisa on 28th August 2013 at 6pm

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.

The two companies of Guul Group -organizing and Pontus Marine Ltd-implementing are owned by somalilanders in the Diaspora with broad international and local consultancy and investment experience.

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Somaliland: Guul Group to Spearheads Pontus Marine Fishery Development Shares Issue

Somalilandsun – Guul Group is organizing a launch for Pontus Marine Ltd Somaliland’s first global fishing company focusing on supplying quality fishery to both domestic and overseas markets.

The launch is for selling $5m worth of shares for the company. This much needed investment for Somaliland.

The two companies are owned by somalilanders in the Diaspora with local operations in the country where Pontus Marine Ltd www.pontusmarine.com;  is in the process of initiating a broad share issues in the company as pertains to fishery sector development while Guul Group www.guulgroup.com  specializes on investment and economic development consultancy in which it has distinguished itself so far.

Guul Group under contract from Pontus Marine Ltd is cordially inviting those citizens interested in acquiring shares in fishery development to a launch of shares issues worth $5m at the following dates and venues where your presence would very much be appreciated:

9am – 11am Sunday 25th Aug in Ambassador Hotel Hargeisa

9am – 11am Monday 26th Aug in Maansor Hotel Berbera

9am – 11am Tuesday 27th Aug at the University of Burao

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.

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Public Announcement: Business opportunities at Petrosoma and Pontus Marine Limited

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Somaliland: Pontus Marine to Issue Fisheries Development Shares