Nictus Holdings (Pty) Ltd

NHL.NM – NAMIBIAN STOCK EXCHANGE

Business Description

Namibia Auto Vehicles, Parts & Service Retailers Consumer Discretionary

Nictus Holdings (Pty) Ltd, formerly Nictus Holdings Limited., is a Namibia-based holding company. It operates through three segments: insurance and finance, retail, and property. The retail segment operates the Isuzu, Opel, and Suzuki franchises throughout Namibia, in addition to operating as a distributor and retailer of predominantly Goodyear products. Furniture retail with branches located throughout Namibia and automotive glass fitment. Its retail segment includes Auas Motors, Nictus Furnishers, Khomas Car Rental & Leasing, NHL Tyre & Tire, and Glasfit Namibia. The insurance and finance segment offers short-term insurance through the alternative risk transfer model as well as vehicle financing. Its property segment focuses on property companies mainly for their own use. Its properties include Acacia Properties, Bel Development, Bonsai Investments Nineteen, Grenada Investments Two, Hochland 7191, Isuzu Truck (Namibia), Marulaboom Properties, Mopanie Tree Properties, and own use.

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