Director Announcement

RNS Number : 4689D

Symphony International Holdings Ltd

29 April 2013

 



Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

29 April 2013

Symphony International Holdings Limited ("Symphony" or the "Company")

Appointment of an Independent Director

Symphony International Holdings Limited (LSE: SIHL), a leading investor in consumer-related businesses, primarily in the healthcare, hospitality, lifestyle, and real estate sectors in the Asia-Pacific region, is pleased to announce the appointment of Mr. Georges A. Makhoul as an additional Independent Director of the Company with effect from 29 April 2013.

Mr. Makhoul brings to the Board a wealth of experience gained from spearheading Morgan Stanley's business in the Gulf, as President of that firm for the region. He also has extensive contacts and work experience in Europe and Asia gained from prior assignments in London and Tokyo. 

Prior to Morgan Stanley Mr. Makhoul was the Managing Partner of the consulting practice of PWC Japan. He had joined Price Waterhouse in the strategy consulting practice in New York in 1994. Before PWC, he led a National Science Foundation Research Centre at Columbia University in NYC.

Mr. Makhoul has a PhD in Electrical Engineering and is currently the CEO of Constellation Holdings, a Dubai based private investment firm.

For further information, please contact:

Symphony Asia Limited

Sunil Chandiramani                               [phone]

FTI Consulting

Neil Doyle/ Tom Willetts 
                    [phone]/ 7175

About Symphony

Symphony International Holdings (LSE:SIHL) is a London listed strategic investment company that invests in consumer businesses and develops luxury branded real estate, hospitality and healthcare ventures which are principally in Asia. It offers a way for investors to gain exposure to the rising disposable incomes and wealth in fast growing economies. Symphony's objective is to provide superior capital growth by investing in high quality companies and forming long-term business partnerships with talented entrepreneurs. Symphony is managed by Symphony Investment Managers which has a team of investment professionals with a broad range of expertise - many of them have been working in Asia for more than 25 years. For more information please visit our website at www.symphonyasia.com.

No representation or warranty is made by the Company as to the accuracy or completeness of the information contained in this announcement and no liability will be accepted for any loss arising from its use.

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Company in any jurisdiction. All investments are subject to risk. Past performance is no guarantee of future returns. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decisions.

This announcement is not an offer of securities for sale into the United States. The Company's securities have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of securities in the United States.

Statements contained in this announcement regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The information contained in this document is subject to change without notice and, except as required by applicable law, neither the Company nor the Investment Manager assumes any responsibility or obligation to update publicly or review any of the forward-looking statements contained herein. You should not place undue reliance on forward-looking statements, which speak only as of the date of this announcement.

The Company and the Investment Manager are not associated or affiliated with any other fund managers whose names include "Symphony", including, without limitation, Symphony Financial Partners Co., Ltd.

End of Announcement

 

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