13 May 2019
MENA Land PLC, which is focused on making acquisitions in the real estate sector in the United Arab Emirates ("UAE") is pleased to announce the appointment of David James Sumner as non-executive director with immediate effect.
David is a long-term global investor and is based in the UAE. He has over 15 years of experience in developing successful global business platforms focusing on the healthcare, clean technology and mining sectors with a specific interest in Middle East finance and UK capital markets.
He has served on numerous private and public company boards in both an executive and non-executive capacity and has a track record of raising capital through debt, pre-IPO and IPO fundraising.
Philip Chamberlain has resigned from the Board with immediate effect due to personal reasons.
MENA Land PLC
00 971 50 454 2608
Directorships/Partnerships (David James Sumner)
VI Mining PLC (current)
SG Recruitment PLC (current)
Diamond Wood China Ltd (previous)
Auhua Clean Energy PLC (previous)
About the Business
The Company's strategy is to seek to acquire and develop a market leading real estate business through acquisitions of land and real estate assets in the UAE.
Its initial focus will be Dubai and it will purchase properties as investments, generally with a view to leasing them for rental income.