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12 Group News

GROUP

NEWS

VAT implementation across the Group

has been one of the top priorities for

the management team throughout

2017. Our Audit and Finance

Departments have been rigorously

working on VAT preparation since

February 2017 and since that period

they conducted over 9 internal VAT

seminars, including seminars targeting

specific divisions and seminars

spreading general awareness of VAT

Group VAT Seminar

among employees. On Tuesday, 8

August 2017, our Chairman and Vice-

Chairman held a special session with

the company’s senior management

covering the VAT update, the

preparations so far and future next

steps.

Turn to

page 34

to read more about

the implications of VAT in our latest

newsletter feature.

1.

A welcome to

Mostapha Sinno,

Officer

Manager in the Chairman Office

2. Chams Rubita Lobo

joins the Group as

HR Assistant, Compensation & Benefits

3. David Emge

joins the Group as General

Manager – Real Estate

4. Margaret Lopes

joins as Personal

Assistant at the office of the Vice-Chairman

& CEO

5. Simona Jukneviciute

works with the

Real Estate Division as Marketing Manager

1.

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4.

3.

5.