Sietel (SSL)

Shares / Stock Code

SSL

Stock Exchange / Sharemarket

Australian Securities Exchange

Sietel Limited (SSL) is involved in the investment and management of industrial and commercial real estate, provision of plant and management services to its controlled entities and management. SSL's controlled entities include: Cooks Body Works Pty Ltd (building and manufacturing business), The Cylinder Co Pty Ltd (provides equipment to related companies), AQUA-MAX Pty Ltd (production, manufacture and sale of water heaters). SSL was listed on the Australian stock market (ASX) in January 1974. Its head office is situated in Brisbane, Queensland.

SSL differentiates itself through its property investments, provision of leased facilities, plant and management services to its controlled entities and "management, evaluation and expansion" of all these and other business opportunities. SSL has a diversified business structure that can work for or against itself. In FY04, the water heating business experienced cost pressures from the rising prices of materials, whereas the body-building business benefited from improved turnover.

Major competitors would be other financially diversified trusts on the market that focuses on capital property growth in commercial, industrial and retail sectors. Customers would consist of businesses/companies (tenants) offering to lease the property, retail and car park spaces within the buildings of the property portfolio.

The Company’s wholly owned subsidiary Cooks Body Works Pty Ltd is a commercial vehicle body builder. The Cylinder Company Pty Limited is a non-operating company and is the trustee company for the Sierac Unit Trust. On August 3, 2009, the Company Sold A.B.N. 17 006 852 820 Pty Ltd.

Sietel (SSL) Products and Services

  • Investment in industrial and commercial real estate, provision of leased facilities, and plant and management services to its controlled entities and management, evaluation and expansion of these and other business opportunities.

Sietel (SSL) Locations and Subsidiaries

Sietel Head Office
C/- Balance Corporation Pty Ltd, 144 Cochranes Road,
MOORABBIN, VIC, AUSTRALIA, 3189
Phone: (03) 9553 5740
Fax: (03) 9555 2662

Sietel (SSL) Share Price

More about
Submitted by ASX Listed Company on 30 May, 2010 - 14:51

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