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Tuesday, 10/24/2023 6:56:29 PM

Tuesday, October 24, 2023 6:56:29 PM

Post# of 72646
Gifa Holding Limited’s consolidated subsidiaries, each of which is located in Turkish Republic of Northern Cyprus
(“TRNC”), are:
1) Grandex Finance Ltd.: Offers consultancy, one-to-one advice, assistance and support to local businesses as
well as opportunity to access international finance.
2) Gifa Consulting Limited: The principal business activity of this company is to assist its clients in the
preparation of their business plans in support of their financing applications.
3) Gifaland Theme Park Limited: The objective of this company is to construct and manage a theme park.
Currently the company is completing the construction of the Group’s headquarters.
4) Gifa Retirement Homes Limited: This company is currently involved in two major projects: (i) A complex
aimed at constructing and managing a complex with medical facilities for advanced aged living (ii) A children’s
hospital (pediatrics)
5) Gifa Nektar Import & Export Limited: This Company is currently negotiating with a manufacturer of citrus fruit
juice producer with the intent of exporting the products.
6) Grandex Finance Ltd. as its wholly-owned subsidiary. 7) Yeni Bakis Ltd. was incorporated in TRNC on October 6, 2014 for the purpose of producing the “Yeni Bakis”
daily newspaper.
8) Gifa Air Ltd. was incorporated in TRNC on December 15, 2014 for the purpose of providing travel agency services.
9) Gifa Green Island Finance Ltd. is a dormant entity.
10) HSB Corporation Consultants Ltd., an entity that provides consulting services.
11) GIFA Petroleum Ltd.
12) Senilk Ltd