RAM’s strategy is to acquire companies and /or assets predominantly within the media broadcasting sector that the Directors believe are undervalued and where such a transaction has the potential to create value for shareholders. The company will be an active investor. Such investments may result in RAM acquiring the whole or part of a company or project. RAM’s investments may take the form of equity, joint venture debt, convertible instruments, licence rights, or other financial instruments, as the Directors deem appropriate.
The Company has a Joint Venture Partnership in TrainFX Limited. This partnership is with Changzhou Evergreen Transport Technology (CETT), a subsidiary of the Changzhou Evergreen Group (CEG). CEG is a China based manufacturer of rail and metro products, supplying several of the major European and Chinese train manufacturers, through the company’s Global Rail Division. TrainFX will form a subsidiary of the Group’s European Division, through CETEC Europe Ltd.
The TrainFX portfolio fully complements the current CETT activities as a well-established provider of full interiors and rail equipment to rail fleets across the world, including the UK, France, Germany, Spain, China, Saudi Arabia, Poland and North America. TrainFX will also gain access to a global supply chain, organisational support and global reach of a major international organisation, operating in several industries.