African Investor Relations

Dawn Properties Limited

Dawn Properties Limited (DAWN) formerly a wholly owned subsidiary of African Sun Limited (AFRICANSUN) was incorporated as a viable rate loan stock (VLRS) company by converting its ordinary shares into linked units. Africansun now owns 16.54% of the company enabling it to have an independent mission. The core business of the company, which is incorporate in Zimbabwe, is that of an investment property holding company and through its wholly owned subsidiaries owns properties in the tourism sector.

Dawn intends to diversify from the current hospitality portfolio in order to minimise risk associated with any one asset class and to increase the liquidity of the portfolio.