Gifa Inc (GIFX)

[Inwestor69]

Gifa Inc. is a holding company.

" Understanding holding companies
A holding company is a legal entity that has ownership over another company. Typically, holding companies don’t produce goods and services themselves. Instead, they own enough of a share in other businesses to control them and provide oversight over their operations. Each firm that a holding company owns remains separate from the others, and the holding company is independent of each business it owns. Large conglomerates often use holding companies with one parent business owning many smaller businesses. Holding companies can provide a variety of tax and legal benefits that can make them attractive to business owners."