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DANA - Dana International Investments News Story

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Last Trade - 09/03/20

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Position in Universe th / 1804

Dana Group International Investments: Outcome of AGM; Change of Directorate

Thu 14th December, 2017 10:45am
Dana Group International Investments Limited
("DANA" or the "Company")

Outcome of AGM
DANA, the Dubai-based real property investment company, at 11.00 a. m. GST
today held its Annual General Meeting (“AGM”) in respect of the year ended
30th June 2017 in accordance with the meeting notice sent on 28th November
2017 to shareholders holder of class A voting shares.

The three resolutions before shareholders at the AGM, namely to receive and
adopt the Report and Accounts in respect of the year from 1st July 2016 to
30th June 2017, to re-appoint Parker Randall – Haris in Dubai as DANA’s
auditors and to elect Mr. Mustafa Saifuddin a Director of the Company, were
passed unanimously.

Change of Directorate

Following the election today of Mustafa Saifuddin, FCA, as a Director of the
Company, I am delighted to confirm that, with immediate effect, Mr. Mustafa
shall be assuming the position of Chief Executive Officer. Mr. Mustafa has
been with DANA for five years and during that time has served as the
Company’s financial controller/finance manager, helping to steer the Company
through two major transactions. Mr. Mustafa, a Pakistani national, trained
with KPMG and qualified in 2005 as Chartered Accountant. He is a Fellow of the
Institute of Chartered Accountants in Pakistan and has gained familiarity with
the assurance and real estate sectors with PwC and with several private,
public and family-held businesses in Pakistan, in the Kingdom of Saudi Arabia
and here in the UAE. 

Mr. Muin El-Saleh remains a Director of DANA but in a non-executive capacity.
He is stepping back from his present, executive position owing to pressure of
other business commitments but I am pleased to note that Mr. Muin’s
knowledge and experience shall continue to be available to my colleagues and

Mohammad Firas Baba, 
Dubai, 14th December 2017 
This announcement has been made after due and careful enquiry; the Directors
of the Company accept responsibility for its content. 
Dana Group International Investments Ltd: 
Contact: tel: +971 (0)4 430 9355; e-mail: ir@dana-investments.com; further
information on Dana Group International Investments Limited is available from
the Company's website: www.dana-investments.com   
Keith, Bayley, Rogers & Co. Limited: 
Graham Atthill-Beck: tel: +44 (0)20 7464 4091; mobile: +971 (0)50 856 9408/+44
(0)750 643 4107; e-mail: blackpearladvisers@gmail.com;
Brinsley Holman: tel: +44 (0)20 7464 4098; e-mail:

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