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SUBSIDIARY NAME

EMMANUEL HOLDING GROUP

COUNTRY

MOZAMBIQUE

SECTOR/ INDUSTRY

DEVELOPMENT

OWNERSHIP %

70% IIB-DG

ACQUISITION DATE

APRIL 29, 2021

ACQUISITION VALUATION

3 BILLION EUROS

TOTAL ASSET VALUATION

30 BILLION EUROS

REAL ESTATE

EMMANUEL GROUP SA: EMMANUEL GROUP SA is a privately owned indigenous company, focused on providing diverse services to the housing sector in Mozambique sustainably. The company was established by two visionary directors who hold an equal shareholding of 50%. For the implementation of the project, Emmanuel Holding Group has established the Moamba Smart City-PTY, whose role is to implement and manage the subsidiary businesses e.g Housing administration, education, retail, leisure, and social responsibility. The Moamba Smart City will be located 70 Kilometers away from the capital city Maputo, on the Highway to South Africa. We possess a title deed of 370 hectares of land where we aim to develop the city.

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