Makkah & Madinah Holdings Ltd.
Re: Change of Directorate
The Shari'ah-compliant, ISDX-quoted, real estate investment company, Makkah &
Madinah Holdings Ltd. ("MMH" or the "Company"), wishes to inform the market of
the following change to its Board of Directors.
Mr. Ahmad Iqbal Bangee, the Financial Director, who has served in this function
since 2012, has resigned as a Director of the Company to pursue other business
interests, with immediate effect.
The Company thanks Mr. Bangee for his contribution to MMH and, in particular,
for developing and supervising the Company's financial control and reporting
procedures.
The Company intends in due course to appoint a replacement for Mr. Bangee. The
finance function will, meanwhile, be overseen by the present financial manager.
Muin El-Saleh,
Director and Chief Executive Officer,
Dubai, 13 January 2016
This announcement has been made after due and careful enquiry; the directors of
MMH accept responsibility for its content.
Enquiries:
Makkah & Madinah Holdings Ltd:
Reena Sebasitan, Legal Counsel: tel: +971 (0)4 423 9033; e-mail:
ir@mm-holdings.com; further information on Makkah & Madinah Holdings Ltd. is
available from the Company's website: www.mm-holdings.com
Keith, Bayley, Rogers & Co. Limited:
Graham Atthill-Beck: tel: +44 (0)20 7464 4092; mobile: +971 (0)50 856 9408;
e-mail: Graham.Atthill-Beck@kbrl.co.uk
Hugh Oram: tel: +44 (0)20 7464 4096; e-mail: Hugh.Oram@kbrl.co.uk