About
Associated Investments Holdings Ltd.
Associated Investments Holdings Ltd. (AIH) is the parent company
of the Group. It operates as a diversified financial/ industrial
holding company with current main interests in five areas:
shipping and offshore oil & gas industry through Investor Inc., financial services through Cornupia
Capital Ltd., biotech investments through Nanobiocorp and
property investments through Oprhys Properties Ltd. The Group
also has investments in different high- yield securities,
concentrated in the industries where the Group has experience.
Further, the Group holds a trading portfolio of equities,
and some smaller interests within other segments.
The Company traces its history back to 1990 when the first
company in the Group was incorporated under the name of Frogner
Shipholding AS. A number of companies within shipping and
offshore oil & gas industry were established using the
name Frogner/ Northern. The Group also took over the management/invested
in a number of limited partnerships owning reefer containers,
tank containers and deep sea drill ships.
The Group was consolidated under the name Northern Shipping
ASA. In 1999 it subsequently relocated its business to the
British Virgin Islands and changed its name to Northern Associated
Group Ltd. Since 2003 it relocated its business from the British
Virgin Islands to Liberia and changed the name to Associated
Investments Holdings Ltd.
In 2002 the Group in cooperation with Mr. Gerald Walter, Biochard
Ltd. established Nanobiocorp, Marshall Islands as a vehicle
to invest in the international biotech industry which the
Group thinks has a great potential.
The Company is incorporated in Liberia and has its executive
office in Panama City. Its subsidiaries have offices in Oslo,
Varna, Beirut, and in London.
The Company has approximately 100 shareholders. The Exuma
Gang Trust is the largest shareholder of the Company with
approximately 35% of the share capital.
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