SURU HOMES LTD

Suru Homes Ltd (“SHL” or the “Company”) was incorporated in June 2008 as a private limited company with focus on real estate business with very promising outlook. It is one of the subsidiaries of Suru Group Limited. Suru Homes Limited plans to develop luxury residential properties and low cost housing in choice locations in Nigeria as well as chains of function halls throughout Nigeria. The company has expanded its scope of operations by launching serviced apartments for letting and It had successfully developed and marketed luxury residential apartments in the upper neighborhood of Ikeja GRA, an upper class segment of the Lagos metropolitan. It still holds prime properties in this neighborhood for speculation and development. In the hospitality sector, it has successfully developed a number of tastefully furnished three star hotels within the business segment of the Lagos State, Nigeria. To this end, it has also launched budget hotels in Lagos, Nigeria; which is to serve as prototype for West Africa.