ZNC HOLDINGS LTD
Holding & Investment Company (Cyprus)
Nature of business
ZNC HOLDINGS LTD is a private holding and investment company incorporated in Cyprus. The principal activity of the company is to hold equity interests and make investments in other companies for long-term strategic and investment purposes.
Investments
As part of its investment activities, ZNC HOLDINGS LTD holds a minority equity participation in Laboil Services LTD.
This shareholding does not represent a controlling interest. ZNC HOLDINGS LTD does not engage in the day-to-day operations or management of its investee companies, except where rights arise solely from its position as a shareholder.
Client funds
ZNC HOLDINGS LTD does not hold, manage, safeguard, or process client or third-party funds. All funds held in the company’s bank accounts belong exclusively to the company and are used for internal corporate purposes.