Subsidiary and Associated Companies

Through an active diversification policy, the Company has successfully diversified and is also actively involved in the following companies.

	Demstar Demstar is mainly involved in the distribution of Honda motor cars and motorcycles and today enjoys the number one position in the passenger car market.
	Linette Ltd Linette is a manufacturer and distributer of baby diapers. Since it?s establishment in 1985, Linette, through a continuous aggressive marketing campaign acquired 50% market share of the diaper market.
	Navimed Marine outboard engines, Honwave inflatable boats and Marine Accessories.