MENA Land PLC Directorate Change (6860K)
23 Aprile 2020 - 02:26PM
UK Regulatory
TIDMMENA
RNS Number : 6860K
MENA Land PLC
23 April 2020
MENA Land PLC
(the "Company")
Directorate Change
22 April 2020: MENA Land PLC, which is focused on making
acquisitions in the real estate sector in the United Arab Emirates
("UAE"), is pleased to announce the appointment to the board of
Khalifa Hasan Ali Saleh AlHammadi as Chairman, and Paresh
Chandrasen Khiara as Chief Financial Officer with immediate
effect.
Khalifa AlHammadi is a UAE businessman who is engaged in
investing mainly in financial markets. He is also the current Chief
Executive Officer and a director of the board in Union Properties
PJSC, a public joint stock company established under the relevant
laws and regulations of UAE. In addition, Mr AlHammadi is the
Chairman of the Board in Blue Stone (Jordan) Investments (PSC), a
public joint stock company that is established in the Kingdom of
Jordan and operating in the field of investing in industrial
companies, real estate and various financial institutions.
Paresh Khiara is a senior banking professional with over 14
years of leadership experience in financial institutions. He is a
Chartered Accountant from the Institute of Chartered Accountants of
India (ICAI). Mr Khiara's experience covers full spectrum of
strategic, financial and operational management within Wealth
Management & Private Banking, Investment Banking, Direct
Investments, Asset Management and Capital Markets. He also has
extensive senior management experience in the areas of Statutory
Audits, Internal Audit, Tax Audits, Income Tax and Wealth Tax
Management.
John-Paul Etheridge has resigned from the Board due to personal
reasons. We thank him for his hard work and wish him every success
with future endeavors.
Enquiries:
MENA Land PLC
www.mena-land.com
info@mena-land.com
About the Business
The Company's strategy is to seek to acquire and develop a
market leading real estate business through acquisitions of land
and real estate assets in the UAE.
Its initial focus will be Dubai and it will purchase properties
as investments, generally with a view to leasing them for rental
income.
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London Stock Exchange. RNS is approved by the Financial Conduct
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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April 23, 2020 08:26 ET (12:26 GMT)
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