Business Plan for Growth

The new investment will be used to help accelerate growth in the BC Group business in several key ways:

1. Expanding production capacity through the construction of new factories in Sri Lanka and Turkey. The Sri Lanka factory is already under construction and will be operational from mid-July, helping to meet increasing demand for fiber optic cable products.

2. Hiring more employees as production scales up, with plans to hire up to 1,000 people across the new factories over the next 3 years. This will strengthen the company's workforce and supply chain.

3. Investing in research and development to drive innovation in line with growing sectors like 5G and AI. This will allow the company to stay at the cutting edge of technology and market trends.

4. Pursuing international expansion and new market opportunities through the establishment of factories and sales offices in key locations.

5. Extend development on a range of new products and services.

The investment will power increased production capacity, job creation, R&D and global expansion - strengthening the foundation for sustainable long-term revenue and profit growth. With increased capacity, the aim is to grow total revenues by a minimum of 30% annually by taking on more orders and better serving customer needs.