About Semaris

Semaris owns and develops the non-hotel real estate assets formerly owned by New Mauritius Hotels Limited, with the principal objective of unlocking value from the available land bank located in Seychelles, Morocco and Mauritius

Semaris, previously known as Alto Development Ltd, is a public company incorporated on the 23 February 2018 in Mauritius, bearing business registration number C18153946, with its registered address located at Beachcomber House, Botanical Garden Street, Curepipe.

Semaris, through its various subsidiaries, develops essentially luxury residential real estate assets on this land bank and most of the properties will be sold to generate returns for its shareholders. The property assets aims to have a great appeal to High Net Worth Individuals, not only for the geographical position, but also for the quality proposed.

The construction will involve the flair of renowned architects and land developers to produce the most coveted, family-friendly residences that will delight the target client base.

 

The design incorporates the latest trends in the market, balancing suitability with elegance.

Semaris works closely with partners with whom they have a long-standing relationship. These players have considerable experience in property development, unique insights in design and architecture, as well as a pool of high-end clients that the partners can tap into to help realise their respective targets.

Leadership

Board Of Directors

Semaris will rely on the skills of its Board of Directors to create value out of the land bank.

The Board will bring a well-balanced set of skills to the company, ranging from finance to sales and marketing

Management

Semaris will have no employees. Instead, a management contract is in place between Semaris and New Mauritius Hotels Limited (NMH) to plan and execute the strategies of the Company.

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    Laurent
    PIAT (Born in 1978)
    Executive Director - Appointed in: November 2022
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    Karine
    PERRIER CURÉ
    Executive Director - Appointed in: July 2023
  • +
    Stéphane
    POUPINEL de VALENCÉ (Born in 1978)
    Non-Executive Director - Effective 1 July 2023
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    Gilbert
    ESPITALIER-NOËL (Born in 1964)
    Non-Executive Director - Effective 1 July 2023
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    Thierry
    REY (Born in 1962)
    Non-Executive Director - Appointed in: November 2022
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    Paul
    TSANG (Born in 1963)
    Non-Executive Director - Appointed in: November 2022
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    Sidharth
    SHARMA (Born in 1974)
    Independent Non-Executive Director - Appointed in: December 2019
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    Patrick
    YIP
    Independent Non-Executive Director - Effective 1 July 2023
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    Mrs Monisha
    Bheenick-Kalachand (Born in 1976)
    Independent Non-Executive Director - Appointed in: November 2022
Executive Director - Appointed in: November 2022
Laurent PIAT (Born in 1978)
  • Qualifications

    Global Executive MBA from IESE Business School completed in 2021 and a Master from Sup de Co Montpellier completed in 2002

  • Professional Journey

    Worked as Project Manager for Groupe Union from 2002 to 2007

    Joined New Mauritius Hotels Limited as Project Coordinator in September 2007

    Appointed as Directeur Général Délégué of Beachcomber Hotels SA in Morocco in 2010 and as Directeur Général of Domaine Palm Marrakech SA in 2011

    Skills & Experience

    • Enjoy and nourish effective team working in which people feel supported and appreciated, which brings powerful ownership and motivation towards the common goals

    • Naturally explorative and generate bold ideas to secure competitive advantage. Champion rigor and planning and always flexible to respond to new opportunities and circumstances

    • Timely embrace and enjoy all challenges no matter how complex and bring an excellent business acumen and analytical capacity to ensure optimal solution are defined and investment made is safe guarded and levered for full advantage and return

    • Calmness and ability to keep matter in perspective

    • Inspire people around to maintain focus and effort even in the face of unexpected development or crisis

    • Management and promotion of a large-scale integrated mixed used-development in Marrakech comprising a 5* Luxury Hotel (Fairmont Royal Palm Marrakech), a championship golf course and about 150 luxury villas

    • The position involved taking over the responsibilities of 2 subsidiaries in Morocco, as General Manager, assuming the role of leadership for a team of 30 people, resourcing and managing local and international consultants, driving multiple negotiation round with the authorities, securing financing and animating a real estates sales team and network

Executive Director - Appointed in: July 2023
Karine PERRIER CURÉ
  • Qualifications

    Executive Master (MSc Hons) in Marketing (University of Paris-Dauphine, France), BSc

  • Professional Journey

    Karine started her career in the field of communication in Paris. Since returning to Mauritius, she has worked in the tourism, leisure and hotel sectors, as well as in the Corporate Marketing & Communication sphere.

    She is the former Chief Marketing & Communication Executive of Rogers & Co. Ltd.

    She joined NMH Group in February 2019 to lead the brand & communication strategies.

    She is also the Chairperson of Fondation Espoir Développement Beachcomber (FED).

Non-Executive Director - Effective 1 July 2023
Stéphane POUPINEL de VALENCÉ (Born in 1978)
  • Qualifications

    MBA (Sorbonne/Dauphine), International Project Management Programme (INSEAD) and Senior Executive Programme (London Business School), BCom Marketing and Management (Curtin, Western Australia)

  • Professional Journey
    • Spent the first 9 years of his career working in Sales and Marketing for Panagora Marketing Co. Ltd, part of the Eclosia Group
    • Joined in 2009 Medine Property, the property arm of Medine Limited, where he gained broad experience in property development during 9 years and his last position there was Managing Director
    • Joined New Mauritius Hotels Limited in August 2018

    Skills & Experience:

    • Strong experience in property development, master planning, sales & marketing and leadership
Non-Executive Director - Effective 1 July 2023
Gilbert ESPITALIER-NOËL (Born in 1964)
  • Qualifications

    Master of Business Administration from INSEAD. BSc University of Cape Town, BSc (Hons) Louisiana State University

  • Professional Journey
    • CEO of New Mauritius Hotels Limited since 2015
    • Former Executive Director of the ENL Group and CEO of ENL Property Limited
    • Past Operations Director of the Eclosia Group
    • Former President of the Mauritius Chamber of Commerce and Industry, the Mauritius Chamber of Agriculture, the Joint Economic Council and the Mauritius Sugar Producers Association; past Vice-President of the Mauritius Export Association
    • Skills & Experience:
    • In-depth knowledge and extensive experience of operations in ENL’s key sectors of activity
    • A people’s person, skilled at creating high-performing teams
    • Strong proponent of entrepreneurship, innovation and initiative
    • Staunch advocate of, and extensive experience in, public-private partnership for economic stewardship
    • Sound understanding of the business dynamics in Mauritius
Non-Executive Director - Appointed in: November 2022
Thierry REY (Born in 1962)
  • Qualifications

    Diploma in Land Surveying

  • Professional Journey
    • Joined ENL in 1999 to create Espral, the Group’s very first instrument for land management and property development
    • Upon creation of ENL Property, he took on new responsibilities as director for business development and has been pushing among others, for ENL’s entry in the renewable energy sector.


    Skills & Experience

    • Extensive experience in real estate sector
Non-Executive Director - Appointed in: November 2022
Paul TSANG (Born in 1963)
  • Qualifications
  • Professional Journey

    Started his career at De Chazal du Mée in 1985 and was responsible for the audit of several of the big Corporates in Mauritius
    Joined ENL as project accountant in December 1994 to oversee the financial aspects of projects

    Appointed as Group Financial Accountant in 2002 and subsequently as Group Head of Finance

    Skills & Experience

    •Extensive experience in strategic planning, preparation of consolidated financial statements, feasibility studies and structured debt financing

Independent Non-Executive Director - Appointed in: December 2019
Sidharth SHARMA (Born in 1974)
  • Qualifications
    • Doctorate and master’s degree in Telecommunication from the University of Bristol and a bachelor’s degree in Electrical Engineering from the University of Cape Town
    • Committee: Chairman of the Audit and Risk Management Committee
  • Professional Journey
    • Group Chief Executive Officer of RHT Holding Ltd and its subsidiaries. The Group is active in the mobility and investment sectors.
    • Chartered Engineer registered with the UK Engineering Council and a Fellow of the Mauritius Institute of Directors
    • Council member of the National Committee on Road Safety and Business Mauritius. Advocate for a greener public transportation system with a keen interest in electric vehicles
    • Published several technical papers in industry journals on dynamic cellular network planning and wireless technologies
    • Worked for British Telecoms Plc before joining Island Communications Ltd., a portfolio company of RHT Ventures as Managing Director
    • Past Board member of the Mauritius Institute of Directors, Courts Mammouth and Globefin Management Services Ltd
    • Skills & Experience:
    • Strong expertise in strategy, innovation, sustainability, operational management, investment management, mobility and technology
Independent Non-Executive Director - Effective 1 July 2023
Patrick YIP
  • Qualifications
  • Professional Journey
Independent Non-Executive Director - Appointed in: November 2022
Mrs Monisha Bheenick-Kalachand (Born in 1976)
  • Qualifications

    Masters of Science in Accounting & Finance,
    London School of Economics and Bachelor of Science in Business Management & Finance, King’s College London.
    Securities and Financial Derivatives Representative (Securities Financial Authority, UK)

  • Professional Journey
    • Started her banking & finance career at ABN AMRO Rothschild Bank, London as an equity trader on the Pan European desk and a business analyst on the MNC desk
    • Joined HSBC Corporate & Investment Banking in Mauritius in 2000, as Portfolio/Relationship Manager for the MNCs, larger conglomerates and parastatal bodies
    • Recruited by Groupe Caisse d’Epargne in 2004 as Head Corporate Banking to devise & implement the strategy for the launch of the Corporate Banking department of Banque des Mascareignes
    • Joined Standard Bank Mauritius Ltd in 2009 as Business Development Manager for the MNCs and large African groups operating within the overall Standard Bank Group. Conducted several roadshows across South Africa, together with other professionals from our Global Business industry, to promote the attractiveness of our jurisdiction for hosting tax-efficient financing structures

    Skills & Experience:

    • Strong experience in corporate & investment banking, financial analysis & risk management across a wide spectrum of business activities
    • Leadership & team management skills.

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