Australian-based multinational conglomerate
Typhoon Group Ltd is a large Australian-based multinational conglomerate firm that currently operates divisions within the following industries: chemicals, engineering, energy, and logistics.
1. Select a potential ‘group’ of related products or services that might successfully be ‘exported’ to China. This might include the suggestions given above or any other area you like. BRIEFLY justify your choice of product/s and/or services.
2. FindacompanyorcompanieslistedontheAustralianSecuritiesExchange(ASX)that you think might be suitable proxy/s for the business risk of the types of products or services you selected in part 1. Justify your choice of company/s.
We chose 3 companies(please include all of them since we’re doing a portfolio)
Rio Tinto(ASX: RIO), mining services and other
BlueScope(BSL) steel and other
Orica Limited(ORI) explosive and blasting systems for mining.
These companies have already gone into the Chinese market, so it is better to enter
Something you can mention:
• The required rate of return for investors
• Cost of capital for companies