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SUBSIDIARY NAME

Summerfield Corporation

COUNTRY

SOUTH AFRICA

SECTOR/ INDUSTRY

REAL ESTATE

OWNERSHIP %

70% IIB-DG

ACQUISITION DATE

July 15, 2022

ACQUISITION VALUATION

10 BILLION (Euro)

TOTAL ASSET VALUATION

100 BILLION

REAL ESTATE

Summerfield Corporation acquired on July 15, 2022 to Build Shopping Mall, School, Hospital, Filling station with 24 hours fast
food and for 10 billion euro funding.

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