About Us

We have been trading as stockbrokers since the creation of the Port Louis Stock Exchange in July 1989. ABL readily undertakes assignments as Financial Advisor and Sponsoring Stockbroker in Public Offerings, Rights Issues and Private Placement of Shares.

We are a private company and a subsidiary of The Mauritius Union Assurance Company Limited, one of the top insurers (life and general) in Mauritius, whose shares are regularly quoted on the Stock Exchange of Mauritius.

ABL employs qualified staff who are conversant with all issues concerning the floatation of various types of capital market instruments and trading in shares. A professional, multi-disciplinary Board of Directors guides this team. The Board members hold key positions in various private and public sector organisations.

Legal Mandate

We are licensed to carry on the business of dealers and traders in shares, stocks, debenture stocks, bonds, notes, obligations and securities of all kinds whether for the company or on behalf of other persons, companies, organizations or institutions.

  1. Vision
    Our vision is to be a leading and distinct investment partner in wealth creation in Mauritius.
  2. Mission
    We endeavour to create wealth for our clients and the country through high quality services, integrity and the market competitiveness in the financial market.
  3. Core Values
    We are proud our our core values:
    • A high level of ideals and honesty in serving our clients and all other stake holders.
    • Display Great level of competence and performance in adding value to our stakeholders' investments.
    • Confidentiality in handling customer information/data
    • To maintain highest level of integrity based on highest level of professional ethics
    • Creating a very Conducive environment for business to thrive.
    • Partnering with those not competing with us and those we can jointly add value for our clients.
    • "Client is King" is a belief system to be upheld to the staff
    • To provide an excellent ambience/ office premises for our business clients.
    • To create a motivated, professional and enthused workforce with a team spirit.


Raising Finance through the Capital Market

For corporations and institutions that want to raise funds for development in the Capital Market, ABL assists in organising public issues, private placements.

Brokerage Services

The Company encourages individuals, companies and institutions to diversify their investments through promoting the benefits of trading in securities.

Portfolio Management

ABL assists clients to build balanced investment portfolios with the objective of optimizing both return and security.


Our customers and staff are regularly provided with regular coaching in matters of finance and principles of corporate governance.

Share Valuation

This is carried out both for quoted and unquoted shares.

Foreign Investment Services

ABL has established the necessary contacts to enhance foreign investment opportunities for its clients.

Investment Advisory Services

Research and analysis of the market enables ABL to keep its clients informed of investment opportunities.


Below we profile some of the relevant assignments that ABL has been

Client Name Assignment
MDA Sponsoring Stockbroker for the listing Mon Desert Alam on the Stock Exchange of Mauritius.
Sun Resorts Sun Resorts Limited a major hotel group appointed Associated Brokers Limited as the co-sponsoring Stock Broker for the issue of 7,680,492 ordinary shares.
Moroil Sponsoring Broker and market marker during the Implementation stage of the listing of Mauritius oil Refineries Ltd.
MEI Co-sponsoring Broker during the Initial Public Offering of 666,666 ordinary shares for Mauritian Eagle Insurance Company Limited.
IBL Co-sponsoring Broker during the Initial Public Offer of 15,480,000 ordinary shares the offer was fully subscribed.
BMHL Belle Mare Holding, Incorporated on 27th January 1982. This investment company, with subsidiaries which own of hotels immovable property and commercial activities, was listed on the Stock Exchange on 7th March 1994 and appointed Associated Brokers as a Sponsoring Stockbroker when the company went listed on for listing.
Sun Resorts Co-sponsoring broker of the Sun Resorts Limited for the subscription of Rs 50,000,000 redeemable 7.5% cumulative Preference shares.
SBM Member of the consortium that acted as underwriter of the initial Public Offer of shares of 1,050,000,000 of State bank of Mauritius when the company applied for Listing on the official market of the Stock Exchange of Mauritius Limited.