Beachcomber Hospitality Investments

BHI is a public limited company, incorporated on 22 April 2016 in Mauritius. It owns an array of yielding assets in the hospitality industry on the 4-star and 5-star hotel segment in Mauritius and Seychelles, which are operated by different tenants.

BHI owns three hotel properties in Mauritius, leased to New Mauritius Hotels Ltd (NMH), for operation under the Beachcomber brand.

It is also the owner of Kingfisher Ltd, which is the sole proprietor of Ste Anne Resort Ltd incorporated in Seychelles and owner of a hotel property leased to Club Med.

The vision of BHI is to create a diversified hospitality portfolio, be it in terms of market segment, geographical exposure and tenant by investing in other yielding properties, not necessarily owned or operated by NMH, to diversify its risk profile.

3
Properties in Mauritius
1
Property in Seychelles
BHI Preference share price
(Preference A) Rs 960.00
(Preference B) € 1,000.00
BHI Structure
NMH New Mauritius Hotels Ltd
100%
BHI Beachcomber Hospitality Investments Ltd
100%
KF Kingfisher Ltd
99%
SARL Ste Anne Resort Ltd
Stéphane POUPINEL DE VALENCÉ (Born in 1978)
Chief Executive Officer, Executive Director - Appointed in: June 2023

Qualifications:
MBA (Paris Dauphine/Sorbonne); Postgraduate Diploma in Business Management (Curtin University); B.Com Management and Marketing (Curtin University); Professional Development Programme (Cornell University); Senior Executive Programme (London Business School); International Project Management (INSEAD)

Professional Journey:

  • CEO of New Mauritius Hotels Limited (“NMH”) since July 2023
  • Former Managing Director of Semaris Ltd and Chief Officer – Real Estate & Construction of NMH
  • Past Managing Director of Medine Property, the property arm of Medine Ltd
  • Began his career in Sales and Marketing at Panagora Marketing Co. Ltd, part of the Eclosia Group
  • Vice President of AHRIM

Skills & Experience:

  • In-depth knowledge and experience of NMH’s key operations
  • A strong focus on people empowerment and community development
  • Strong experience in leadership, property development, and sales & marketing
Gilbert ESPITALIER-NOËL (Born in 1964) - up for re-election at the next Shareholder’s Meeting
Chairman, Non-Executive Director - Appointed in: April 2016

Qualifications:

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

Professional Journey:

  • CEO of ENL Limited and of ENL Group
  • CEO of New Mauritius Hotels Limited until June 2023 and Chairman of New Mauritius Hotels Limited since July 2023
  • Past CEO of ENL Property Limited
  • Past Operations Director of Eclosia Group
  • Former President of the Mauritius Chamber of Commerce and Industry, the Joint Economic Council and the Mauritius Sugar Producer's 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
  • Skilled at creating high-performing teams
  • Strong proponent of entrepreneurship, innovation, and initiative
  • Staunch advocate of, and extensive experience in, public-private partnerships for economic stewardship
  • Sound understanding of the business dynamics in Mauritius
Pauline SEEYAVE (Born in 1974)
Executive Director - Appointed in: August 2017

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

Committee:
Member of the Audit and Risk Management Committee

Professional Journey:

  • Group Chief Financial Officer of New Mauritius Hotels Limited since 2016
  • Occupied senior executive roles in banking, including finance, risk management, credit, project finance and corporate banking
  • Managed a wide portfolio of clients and across various sectors in Audit and Business Assurance in the UK
  • Current Non-Executive Director of Innodis Ltd
  • Member of the Listing Executive Committee of the Stock Exchange of Mauritius Ltd
  • Past Director of SBM Bank (Mauritius) Ltd, State Insurance Company of Mauritius Ltd and Club Méditerranée Albion Resorts Ltd

Skills & Experience:

  • Over 20 years in leadership roles
  • Extensive experience in risk management, finance and corporate governance
Drishti Hurrybungs (Born in 1992)
Executive Director - Appointed in: December 2023

Qualifications: Fellow member of the Association of Chartered Certified Accountants, BA (Hons.) in Applied Accounting

Professional journey:

  • Started her career at Ernst & Young in the audit department where she was engaged in the audit of several listed companies in Mauritius,
  • Worked in the Property cluster of Medine Ltd,
  • Currently the Finance Manager at New Mauritius Hotels Limited working in the hospitality and property cluster within the Company and Semaris Group

Skills and experience:

  • Extensive knowledge in financial reporting and preparation of consolidated financial statements
  • Feasibility studies
  • Auditing
Amaury BROUSSE DE LABORDE (Born in 1985) - up for re-election at the next Shareholder’s Meeting
Independent Non-Executive Director - Appointed in: February 2023

Qualifications :
Diplôme Grande Ecole -Institut Supérieur de Gestion (ISG Paris) and CESB Management (CFPB et HEC Paris)

Committee:
Chairman of the Audit and Risk Management Committee

Professional Journey:

  • Founder CEO of Philia Family Office, Mauritius
  • Worked as CEO of Necker Gestion Privee, Mauritius
  • Worked as Private Banking Manager at The Mauritius Commercial Bank Ltd, Mauritius
  • Worked as Conseiller en Gestion de Patrimoine at Banque Française Commerciale Océan Indien, Paris

Skills & Experience :

  • Extensive experience in banking and wealth management
  • Strong expertise in sales & marketing, financial market, advisory and compliance
Sidharth SHARMA (Born in 1974)
Independent Non-Executive Director - Appointed in: February 2023

Qualifications:
Doctorate and master’s degree in Telecommunication from the University of Bristol and bachelor’s degree in Electrical Engineering from the University of Cape Town

Committee:
Member 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. 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
  • Chairman of Semaris Ltd
  • Past Board member of the Mauritius Institute of Directors, Courts Mammouth, Globefin Management Services Ltd and 4Sight Holdings Ltd

Skills & Experience:

  • Strong expertise in strategy, innovation, sustainability, operational management, investment management, mobility and technology
Hector ESPITALIER-NOËL (Born in 1958) – Resigned from the Board, effective October 2023
Non-Executive Director - Appointed in: April 2016

Resigned in: October 2023

Qualifications: Member of the Institute of Chartered Accountants in England and Wales

Professional Journey:

  • CEO of ENL Limited and of ENL Group until his retirement on 30 June 2023
  • Worked for Coopers and Lybrand in London
  • Worked for De Chazal du Mée in Mauritius
  • Past Chairman of New Mauritius Hotels Limited, Semaris Ltd and Rogers and Company Limited
  • Past Chairman of the Mauritius Chamber of Agriculture, the Mauritius Sugar Producers Association, and the Mauritius Sugar Syndicate

Skills & Experience:

  • Extensive CEO and leadership experience and skills
  • Strong financial management and strategic business planning skills
  • Significant experience in alliances, ventures, and partnerships
  • Staunch advocate for a more open national economy
  • Advocate for a strong public-private sector partnership for sustainable growth
  • Strong proponent of private enterprise and entrepreneurship
  • Strongly convinced of the multidimensional role of business
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