The Board of Directors of SBM Holdings Ltd (SBMH) wishes to inform its shareholders and the public in general that further to the internal enquiry initiated by SBM Bank (Mauritius) Ltd (the Bank), the Board of Directors of the Bank at its meeting held on 16 August 2018, has accepted the resignation of its Chief Executive, Mr Raj Dussoye. The Bank’s operations will continue as normal and shareholders and the public will be kept informed of further developments.
Shareholders and the investing public are advised to exercise caution when dealing in the shares of SBMH.
By order of the Board
17 August 2018
This Communique is issued pursuant to Listing Rule 11.3 and the Securities Act 2005.
The Board of Directors of SBM Holdings Ltd accepts full responsibility for the accuracy of the information contained in this Communique.