Electricite et Eaux de Madagascar (NYSEARCA:EEM) SA is a France-based holding company engaged in five main sectors: the hotel industry, the wood industry, beverage, real estate and casinos. In the hotel sector, the Company runs hotels in Paris and Hong Kong, under the brand name Victoria Hotels and Resorts, through its subsidiaries EEM Victoria and HDH. As of December 31, 2008, it owned six hotels, including five hotels in Vietnam; and one hotel in Cambodia. In the wood and paper industry, it owns a 27.52% stake in Groupe Gascogne. EEM's real estate activities are primarily carried out in Paris through SAIPPPP, SNC Paris Croix des Petits Champs and Les Vergers. In the casino sector, EEM holds a 13% stake in Societe Francaise de Casinos. EEM also owns 35% of Tokaj Lencses Dulo Kft and 33.21% of Tokaj Hetszolo, the Hungarian wine producers. The Company's main shareholder is Verneuil with more than 25% stake.
Wyser-Pratte Management Co., Inc. 13.13%
Banque de Luxembourg Investment SA 0.15%
Allianz Global Investors (France) SA 0.02%