Ashir Holdings (“Ashir,” “Company” or “Registrant”) is a holding company owning subsidiaries engaged in a large number of diverse business activities. The most important of these are healthcare, social media marketing and clean technology businesses. Ashir is domiciled in the United Kingdom and its corporate headquarters is in London. Ashir’s businesses are managed on a hybrid model with some activities decentralised and other centralised. However, whilst the corporate head office returns a keen interest on the operations, the businesses are managed mostly on a decentralised basis. There is minimal involvement by Ashir’s corporate headquarters in the day-to-day business activities of the operating businesses. Ashir’s corporate senior management team participates in and is ultimately responsible for significant capital allocation decisions, investment activities and the selection of the Chief Executive to head each of the operating businesses. Ashir’s senior management are also responsible for establishing and monitoring Ashir’s corporate governance practices, including, but not limited to, communicating the appropriate “culture” messages to its employees and associates and monitoring governance efforts.
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