“Vistra is proud to be the new named sponsor of Mauritius 100km Cycle Tour 2018. We are committed to the Mauritian community and this charity race is a perfect fit with our corporate social responsibility vision to positively impact our society by promoting cycling and at the same time giving back to the community,” said Ramesh Awatarsing, Managing Director of Vistra Mauritius.
Commenting from a business perspective, Ramesh added, “Mauritius is an important strategic location for Vistra as it represents the company’s footprint in Africa. With Mauritius being a hub for investment into China and India and well-positioned to benefit from the outbound investment from these countries into Africa, it is expected that such interest will continue to grow, especially as the continent emerges as a developing region. Leveraging Vistra’s global presence, we look forward to continuing to leverage Mauritius as a gateway to support cross-border investment for private and corporate clients, as well as global funds.”
First setting foot in Mauritius in 1998, Vistra is today among the top three corporate service providers globally with a presence across 46 jurisdictions in over 80 cities, providing a uniquely broad range of services and solutions across company formations, trust, fiduciary, private client services, and fund administration.
Ride for a cause and contribute to the local community
Renamed as the Vistra Mauritius 100km Cycle Tour, the race is entering its 14th year and is more than just a race – each year, it gathers local and international cyclists to ride for a cause, bringing sports and social mission to the same arena. Funds raised from this year’s event will be donated to two local non-governmental organisations, including the Association of Disability Service Providers (ADSP) and the Association pour les Handicapés de Malherbes (APLHM). Founded in 2003 and 2006 respectively, ADSP and APLHM help improve quality of life of children with disabilities and run Special Education Needs Schools which provide children and young adults with life skills-based education, benefiting their mental, emotional and physical development.
“We would like to show our appreciation to Vistra for sponsoring the event. The fund we receive will definitely benefit the school and the students directly. However, what’s more exciting this year is that our students will be participating in the race as well so we really look forward to the event”, commented Saras Ullagen, director of ADSP.
“This fundraiser comes at a perfect time for our organisation as we are currently moving to a newer and bigger building to accommodate more students. We are very grateful to be a part of this collaboration and look forward to witnessing the positive impact it will make to the students and people in our organisation,” said Mary Jane Vellen, administrator of APLHM.
Scheduled to take place on September 30, this year’s race comprises three categories, including individual riders, schools and teams; each comes in three race distances – 100km, 50km and 20km. Participants of the 100km race will leave Blue Bay at 7:30am to rally the Mont Choisy public beach while the 50km and 20km races will start at Belle Mare Water Park and VIP Goodlands at 8:00am respectively.
Since the launch in 2004, the Mauritius 100km Cycle Tour has been a staple of the local sports calendar, attracting more than 600 Mauritian and foreign cycling enthusiasts each year to ride for good cause. For registration and more information about the race, please visit the Vistra Mauritius 100km Cycle Tour Facebook page www.facebook.com/MRUCycleTour or the CRA World Events Management website www.craevents.com.
For further information, please contact Kate Chan at [email protected].
The contents of this article are intended for informational purposes only. The article should not be relied on as legal or other professional advice. Neither Vistra Group Holding S.A. nor any of its group companies, subsidiaries or affiliates accept responsibility for any loss occasioned by actions taken or refrained from as a result of reading or otherwise consuming this article. For details, read our Legal and Regulatory notice at: http://www.vistra.com/notices . Copyright © 2022 by Vistra Group Holdings SA. All Rights Reserved.
Five steps every organisation should take when expanding and operating internationally
27 Mar 2023
I’ve spent much of my career helping organisations expand and operate internationally. There have been many changes during that time, particularly in the last decade. Businesses and investors have had to adapt to the rise of digital commerce, emerging…
ECJ ruling on access to beneficial ownership information: Balancing transparency and privacy
23 Feb 2023