Sugar Investment Trust
- Location
-
Sugar Investment Trust
3rd Floor, Alexander House
35 Cybercity Ebene
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- Telephone:
- (230) 465 4747
- Fax:
- (230) 466 6566
- Email:
- Email contact form
- Website:
- http://www.sit.intnet.mu/
The Sugar Investment Trust (SIT) is a body corporate established under an Act of Parliament in 1994 which operates as a company under the Companies Act 2001. It is the largest shareholder based public company in Mauritius with more than 40,000 members. Shareholders within the SIT Group of companies exceed 55,000.
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The creation of SIT constitutes a landmark in the Mauritian history. Set up initially as a participation scheme in the sugar industry, it has become a model of economic democratization in the country. It provides a forum for participation of planters and workers at corporate decision making level of sugar milling companies as well as equity participation and therefore a share of profit which ensures a fair rate of return on investment to all shareholders.
Investments:
SIT has a well diversified portfolio of investments in sugar milling, power generation, leisure, property development and banking sectors.
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