Stay updated with breaking news from Albert momdjian. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Lenders smile on Smile Telecoms with $51m injection Sign in with LinkedIn 3h | Alan Burkitt-Gray Lenders to troubled African operator Smile Telecoms Holdings have agreed to reschedule its debts for a year. At the same time the company, registered in Mauritius but with a head office in the UK, has had an injection of US$51 million to keep it going. This morning the company said: “This debt restructuring plan sees an injection in fresh money funding from Smile’s majority shareholder, the Al Nahla, and rescheduling on debt repayment until post-March 2022.” According to Al Nahla’s website, it was founded in Saudi Arabia in 1996. Its main areas of interest are in the automotive, real estate, trading and investment businesses. Investment activities include telecoms, the site confirms. ....
Punch Newspapers Sections Joseph Olaoluwa Smile Telecoms Holdings Ltd. has announced significant changes in the leadership of the group’s board and management. The telecommunications group made this known after its board meeting which held on January 15, 2021, according to a statement by its Group Head, Corporate Communications and Marketing, Nicolene Zyl. The statement titled ‘Smile Telecoms Holdings Ltd. announces significant changes in its leadership,’ and syndicated via APO Group, said two of its directors, Ms Irene Charnley and Mr Mohammad Sharbatly were due for retirement effective January 1. Commenting on the announcement, Chairman of the Group, Mr Ibrahim Sharbatly, said, “We say farewell to our Founder and Deputy Chairman, Ms Irene Charnley. We wish her all success in her new endeavours. ....
Ms. Irene Charnley and Mr. Mohammad Wajih Sharbatly retire from the Group's Board of Directors; The Group's Board announces several new appointments to reinforce the Group in the coming era of Telecoms transformation. Smile Telecoms Holdings Ltd., (www.Smilecoms.com) a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, […] ....
Ms. Irene Charnley and Mr. Mohammad Wajih Sharbatly retire from the Group s Board of Directors; The Group s Board announces several new appointments to reinforce the Group in the coming era of Telecoms transformation. Smile Telecoms Holdings Ltd., (www.Smilecoms.com) a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, announced after its board meeting held on January 15 th, 2021, significant changes in the leadership of the Group s board and management. The Group announced the retirement of Ms. Irene Charnley and Mr. Mohammed Wajih Sharbatly from the Group s Board and all boards of the operating companies, effective January 1 ....