8th Jun 2010 11:30
08 June 2010
Tejoori Limited
("Tejoori" or the "Company")
Appointment of Director
The Board of Tejoori is pleased to announce the appointment of Abdullah Ibrahim Saeed Lootah as a Non-Executive Director of the Company with immediate effect. Abdullah is a member of the highly respected Lootah family in Dubai and has held positions on the Boards of a number of large UAE based property and construction companies. Amongst these is Mr Lootah's current position as Vice Chairman of the Lootah Group of Companies. He is also a committee member of the Building and Civil Construction Group, which was founded by the DCCI (the Dubai Chamber of Commerce) and works with the DCCI on various issues related to construction groups in Dubai.
Abdullah has obtained a Bachelors Degree in Business Administration from the Dubai Men's College.
Khalid Al Nasser, Chairman of Tejoori, commented "We are delighted to have Mr. Lootah on the Tejoori board. We believe he will be a great asset to the company and his depth of experience will definitely be of added value to us."
Abdullah Ibrahim Saeed Lootah (aged 36) is a director of the following companies:
Current directorships/partnerships
|
Lootah Group Global Resources Building Materials PJSC Building and Civil Construction Group Omega Engineering LLC Deyaar Development PJSC
|
Past directorships/partnerships in the last five years
|
None |
Mr Lootah currently owns 200,000 ordinary shares in Tejoori Limited, equivalent to 0.72 per cent. of the total issued share capital of the Company. There are no further details to be disclosed to be made pursuant to Schedule 2, paragraph (g) or Rule 17 of the AIM Rules for Companies.
For further information, please contact:
Tejoori Limited Murad Hussein
|
Tel: +971 433 00994
|
Allenby Capital Limited Nick Athanas/James Reeve
|
Tel: +44 (0)203 328 5656 |
Related Shares:
Tejoori