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PRESS RELEASE |
| FOR IMMEDIATE RELEASE | 20th August, 2007 |
MAC SHARAF APPOINTS NEW INSTITUTIONAL EQUITY SALES CO-ORDINATOR
U.A.E.: MAC Sharaf Securities (U.A.E.) LLC announced today that it has appointed Kristen Hopkins as the newest member of its Institutional Sales team. Mr. Hopkins will be responsible for servicing institutional investors in the U.A.E., our global partner network and international institutions.
He is a graduate of Sydney University with a Bachelor in Finance and Economics, and brings a wealth of experience to MAC Sharaf through his experience as a full service stock broker with MAN Financial and Kinetic in Australia and the GFI Group in Singapore.
MAC Sharaf Securities (U.A.E.) LLC., is a joint venture between the Sharaf Group, Mohammed Abdul Rahim Al Ali and McMillen Advantage Capital Limited (“MAC”). MAC has seven international brokers and corporate advisors as shareholders, based in London, Tokyo, Paris, Hong Kong, Geneva and Bangkok and they will all support the growth of MAC Sharaf in its expansion within the United Arab Emirates.
Mr. Sharafuddin Sharaf, MAC Sharaf’s Chairman, said “We extend a warm welcome to Kristen as the newest member of our sales team. The experience he brings from Australia and Singapore will serve to benefit our markets and provide U.A.E. institutions with service of an international standard.”
“Local institutions deserve service of an international standard, supported by a high level of fundamental research and the insight provided by professionals who have actually visited the investee companies and asked difficult questions of management.” added Robert W. McMillen, MAC Sharaf’s Vice Chairman and founder of MAC.
Michael Fernandez, Managing Director of MAC Sharaf, said “We are very pleased to have Kristen join our team. MAC Sharaf is dedicated to providing local institutions with international standards of service and coverage. In his new role, Kristen will be both further bolstering our presence in the markets and highlighting our commitment to standards on the DFM and ADSM.”
MAC Sharaf’s Head Office is at Suite 134 Building, Gold and Diamond Park, Interchange 4, Sheikh Zayed Road, P.O. Box 122723, Dubai, U.A.E. and at the Company’s principal contact number are;
Sales Tel: +971-4-409 7102
Research Tel: +971-4-409 7140
For further information on MAC Sharaf, please visit its website at www.mac-sharaf.com
PRESS CONTACTS:
Press
Contacts:
|
Mr. Sharafuddin Sharaf Chairman Suite 134 Building, Gold & Diamond Park Interchange 4 P.O. Box 122723 Dubai,
U.A.E. Email: |
Mr. Robert W. McMillen Vice Chairman Suite 134 Building Gold & Diamond Park Interchange 4, Sheikh Zayed Road P.O. Box 122723 Dubai, U.A.E. Tel: 971 50 289 2938 |
Mr. Michael Fernandez Managing Director Suite 134 Building Gold & Diamond Park Interchange 4 Sheikh Zayed Road P.O. Box 122723 Dubai, U.A.E. Tel: 971 4 409 7144 |
Mr. Mohammed Bastaki Senior
Equity Sales & Emitarisation
Officer Suite 134 Building Gold & Diamond Park Interchange 4, Sheikh Zayed Road P.O. Box 122723 Dubai, U.A.E. Tel: 971 4 409 7111 mabdullah@mac-haraf.com |
EDITOR’S NOTES
MAC Sharaf Securities (U.A.E.) LLC, is a stock broker, fully licenced by the Emirates Securities and Commodities Authority and with a seat on the Dubai Financial Market.
MAC
Sharaf’s Shareholders are;
|
|
Percentage |
||
|
Sharaf Investments LLC |
|
25.5% |
|
|
Mohammed Abdul Rahim Al Ali |
|
25.5% |
|
|
McMillen Advantage Capital Limited |
|
49.0% |
|
|
|
|
100.0% |
|
|
|
|
|
|
The Directors of MAC Sharaf are;
|
|
|
|
Sharafuddin Sharaf |
Chairman |
|
Robert
W. McMillen |
Vice
Chairman |
|
Yasser
Sharaf |
Director |
|
Jassim
Al Ali |
Director |
|
Michael
A.W. Fernandez |
Director
and Managing Director |
|
|
|
The International Shareholders of MAC
Sharaf include;
|
Company |
Professional |
Country |
|
1. Quam Securities Co. Ltd |
Stock Broker and Investment Bank |
Hong Kong |
|
2. Lloyd Edward-Jones |
Investment Bank |
France |
|
3. Killik & Co. |
Stock broker |
United Kingdom |
|
4. Banque Morval |
Private Bank |
Switzerland |
|
5. Capital Partners Securities Co.,
Ltd. |
Stock broker and Investment Bank |
Japan |
|
6. Knight Asset Management |
Fund Manager |
Hong Kong |
|
7. Syrus Securities Plc. |
Stock Broker and Investment Bank |
Thailand |
|
8. Imara Holdings Limited |
Stock Broker, Investment Bank and Fund Manager |
South Africa |
MAC Sharaf’s Key Executives in Dubai
are;
|
|
|
|
Managing
Director |
Michael
A.W. Fernandez |
|
Sales
Team and Operations |
Nour
Al Zoubi |
|
|
Amjad
Bakir |
|
|
Mohammed
Bastaki |
|
|
Abdullah
Al Rustamani |
|
|
Hamda
Al Ali |
|
Head
of Research |
Sanyalaknsa
Manibhandu |
|
Head
of Finance & Accounting |
Manish
Goel |
|
|
|
Notice:
This press release has been distributed by MAC Capital Advisors Limited.
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