InvestorsHub Logo
Followers 29
Posts 146
Boards Moderated 0
Alias Born 03/05/2017

Re: Tengri post# 16447

Sunday, 05/27/2018 12:36:20 PM

Sunday, May 27, 2018 12:36:20 PM

Post# of 72600
Latest DD package on FRFS...

In Oct 2017, Firefish (FRFS) shell was acquired in Oct 2017 by GIFA. Share structure of FRFS was amended to have 500M AS and 160M OS
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135532554

In Nov 2017, GIFA confirms acquisition of FRFS stating it will be the 2nd Turkish company to join the US Stock exchange after Turkcell
http://www.scotlandyardnews.com/gifa-joins-the-us-stock-exchange/899/

How big of a company is GIFA?

GIFA is a multinational holding company with divisions in the business & finance, media & communications, hospitality & tourism industries
https://gifaholding.com/index.html

In 2014, GIFA holdings had $22 billion assets under management and over 1,000 employees
http://www.yenibakisgazetesi.com/gifa-green-islands-finance-ltd/5978/

In 2016, GIFA ran a recap process and received offers of $700 million dollars for 30% - which implies $2.1 billion total EV of GIFA
http://www.oncevatan.com.tr/guncel/gifa-holdingden-700-milyon-dolarlik-dev-hamle-h92413.html

In 2017, GIFA invested $12 million into a new head office with room for over 300 employees
http://www.scotlandyardnews.com/gifa-holding-president-reveals-plans-for-gifa-inc-s-12m-building/1398/

GIFA's financial consultancy division employs over 200 staff and grew to gross a remarkable revenue turnover of 2 billion euros
http://www.yenibakisgazetesi.com/who-is-yusuf-kisa/27950/

GIFA advised on 18 billion euros in financing deals in 2017. It estimates closing 2018 with over 50 billion euros in deals. As of March 2018, GIFA had done in excess of 12 billion euros
http://www.haberinyoksa.com/roportaj/gifa-holdingin-2018-hedefi-50-milyar-euro-h19194.html