Société Seychelloise d'Investissement Ltd.

established on 20th may 2008 in accordance with the companies act, 1972, the société seychelloise d'investissement ltd. (ssil) is the holding company for the shares currently owned by the seychelles government in several commercial enterprises. these companies are classified into two categories. the subsidiaries refer to the companies in which the ssil holds the majority of the shares, which are: • bois de rose investment company ltd – (99%) • 2020 development (seychelles) ltd – (99%) • l’union estate – (99%) • islands development company ltd (idc) – (99%) • seychelles petroleum company ltd (seypec) – (99%) • seychelles trading company – (99%) • petro seychelles company ltd – (99%) • paradis des enfants entertainment ltd – (99%) • nouvobanq – (78%) • seychelles commercial bank – (60%) and the associates are companies in which the ssil holds minority shares, such as: • indian ocean tuna ltd (iot) – (40%) • seychelles cable systems company ltd – (40.6%) • ile du port hand