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: 10 November 2022
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    Karine Marie
    CURÉ (Born in 1978)
    Executive Director - Appointed on: 1July 2023
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    Stéphane
    POUPINEL de VALENCÉ (Born in 1978)
    Non-Executive Director - Appointed in: September 2018
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    Gilbert
    ESPITALIER-NOËL (Born in 1964)
    Non-Executive Director - Appointed in : February 2018
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    Thierry
    REY (Born in 1962)
    Non-Executive Director - Appointed in: 10 November 2022
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    Paul
    TSANG MIN CHING (Born in 1963)
    Non-Executive Director - Appointed in: 10 November 2022
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    Sidharth
    SHARMA (Born in 1974)
    Chairperson, Independent Non-Executive Director - Appointed in: December 2019
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    Youk Siane (Patrick)
    YIP WANG WING (Born in 1958)
    Independent Non-Executive Director - Appointed in: 1 July 2023
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    Monisha
    BHEENICK-KALACHAND (Born in 1976)
    Independent Non-Executive Director - Appointed in: November 2022
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    Drishti
    HURRYBUNGS
    Executive Director - Appointed in: May 2024

Annual Report

Investors Corner

Financial Information