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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    Hector
    ESPITALIER-NOËL
    Chairman, Non-Executive Director
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    Stéphane
    POUPINEL de VALENCÉ
    Managing Director
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    Gilbert
    ESPITALIER-NOËL
    Executive Director
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    Pauline
    SEEYAVE
    Executive Director
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    Jean-Pierre
    MONTOCCHIO
    Non-Executive Director
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    Jean Louis
    PISMONT
    Non-Executive Director
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    Kevin
    TEEROOVENGADUM
    Independent Non-Executive Director
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    Sidharth
    SHARMA
    Independent Non-Executive Director
Chairman, Non-Executive Director
Hector ESPITALIER-NOËL
  • Qualifications

    Member of the Institute of Chartered Accountants in England and Wales

  • Professional Journey

    Hector Espitalier-Noël previously worked with Coopers and Lybrand in London and with De Chazal du Mée in Mauritius. He is the Chief Executive Officer of ENL and the ENL Group since 1990. He is also the Chairman of NMH and Bel Ombre Sugar Estate Ltd and a past chair of Rogers and Company Limited, the Mauritius Chamber of Agriculture, the Mauritius Sugar Producers Association and the Mauritius Sugar Syndicate.

Managing Director
Stéphane POUPINEL de VALENCÉ
  • Qualifications

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

  • Professional Journey

    Stéphane Poupinel de Valencé spent the first 9 years of his career working in Sales and Marketing for Panagora Marketing Co. Ltd, part of the Eclosia group. In 2009, he joined Medine Property, the property arm of Medine Limited, where he gained a broad experience in property development during 9 years. His last function there was Managing Director. Stéphane Poupinel de Valencé joined NMH in August 2018.

Executive Director
Gilbert ESPITALIER-NOËL
  • Qualifications

    BSc University of Cape Town, BSc (Hons) Louisiana State University and MBA NSEAD

  • Professional Journey

    Gilbert Espitalier-Noël commenced employment with the Food and Allied Group (now Eclosia group) in 1990 and was appointed Group Operations Director in 2000. He joined the ENL Group, where he was Executive Director from February 2007 until June 2015.  He is since July 2015 the Chief Executive Officer of New Mauritius Hotels Limited. Gilbert Espitalier-Noël was President of the Mauritius Chamber of Commerce and Industry in 2001, of the Joint Economic Council in 2002 and 2003 and the Mauritius Sugar Producers Association in 2008 and 2014.

Executive Director
Pauline SEEYAVE
  • Qualifications

    Master of Arts, St Catharine’s College, University of Cambridge and Associate of the Institute of Chartered Accountants in England and Wales

  • Professional Journey

    Pauline Seeyave is currently the Group Chief Financial Officer of New Mauritius Hotels Limited.  She has 20 years of working experience in UK and Mauritius.  She has managed client portfolios in Audit and Business assurance and has occupied senior executive roles in banking, across finance, risk management, credit, corporate banking and project finance, including real estate projects.  She is a current Non-Executive Director of Innodis Ltd and was a past Director of SBM Bank (Mauritius) Ltd, State Insurance Company of Mauritius Ltd and Club Mediterranee Albion Resorts Ltd.

Non-Executive Director
Jean-Pierre MONTOCCHIO
  • Qualifications

    Notary

  • Professional Journey

    Jean-Pierre Montocchio was appointed Notary Public in Mauritius in 1990. He was a member of the Board of Directors’ Sub-Committee of the National Committee on Corporate Governance.

Non-Executive Director
Jean Louis PISMONT
  • Qualifications

    Graduated from the Hotel School of Granville and holds a degree from Thonon-les-Bains, Hotel Management School, France.

  • Professional Journey

    Jean Louis worked in several countries within reputable international hotel chains. He joined the NMH Group in 1996, and managed several beachcomber hotels. He represents the interest of NMH as owners’ representative of the Fairmont Royal Palm Marrakech.  He is also a past president of the Association of Hotels and Restaurants of Mauritius (AHRIM).

Independent Non-Executive Director
Kevin TEEROOVENGADUM
  • Qualifications

    BSc in Economics, MSC in Finance and Master of Business Administration (MBA) (The University of Leicester, UK).

  • Professional Journey

    Kevin Teeroovengadum has a BSc in Economics, MBA and MSc in Finance from Leicester University, UK. He worked for KPMG, Deloitte, Ernst & Young in corporate finance and strategic consultancy before moving to Loita Capital Partners Group in 2002 based in South Africa. He joined Actis in 2007, the leading Emerging Market Private Equity Firm, as a Director as part of their Africa real estate team. He was the co-founder and CEO of AttAfrica in 2013 which became the premier investor of shopping malls in Africa. He is a frequent writer and speaker at conferences globally and currently serves on a numerous boards and advises a number of companies in Mauritius and Africa leveraging on his 19 years of experience in Africa in financial services, real estate/hospitality sector.

Independent Non-Executive Director
Sidharth SHARMA
  • 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

    Dr Sidharth SHARMA is currently the Group Chief Executive Officer of RHT Holding Ltd and its subsidiaries. The Group is active in the mobility and investment sectors. Dr Sidharth Sharma is a registered Chartered Engineer with the Engineering Council in the United Kingdom and a Fellow of the Mauritius Institute of Directors. He is currently a council member of the National Committee on Road Safety and of Business Mauritius. Dr Sidharth Sharma is an advocate for a greener public transportation system and has a keen interest in electric vehicles. Dr Sidharth Sharma has published several technical papers in industry journals on dynamic cellular network planning and wireless technologies. He is also an alumnus of the University of Cape Town from where he completed his Bachelors’ in Electrical Engineering. Dr Sidharth Sharma has worked for British Telecoms Plc before joining Island Communications Ltd, a portfolio company of RHT Ventures as the Managing Director. He is a past board member of the Mauritius Institute of Directors, Courts Mammouth and of Globefin Management Services Ltd.

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