Challenger Acquisitions Limited Appoints Jonathan Eldred Wilhelmus Tidswell-Pretorius to the Board as Non-Executive Director

Challenger Acquisitions Limited has been formed to undertake acquisitions of target companies in the entertainment and leisure sectors with a particular focus on the attractions sector. The Company is engaged in engineering and delivering giant observation wheels. Its segments include Engineering, Investments and Corporate Center. The Engineering segment engineers and project manages global observation wheel around the globe. The Investments segment holds and administers all participations it has in global observation wheels. The Corporate Center segment administers and manages the Company and identifies target companies or businesses for possible acquisitions in the Giant Observation Wheel industry. The Company is a holding company of Starneth Group. The Company, through Starneth Group, owns and operates a business specializing in the design and engineering of giant observation wheels and structures. Its clients are property and entertainment developers, and municipalities.