Aerospace Diary

Neelam Mathews Feb 15, 2013 Press Statement tells media to lay off This has reference to certain reports in sections of media regarding Emaar MGF Land Limited’s association with a Mr Guido R Hashke. While Mr Guido R Hashke was an independent non-executive director for an extremely brief period of approximately two months i.e. Emmar September 25, 2009 to December 7, 2009, Emaar MGF has had no association with him or any of his businesses/associates other than this. Mr. Hashke was appointed on the Board of the Company due to the statutory requirement of having certain number of independent directors on the board to be a publicly listed company. Therefore he was appointed as an independent director to fulfill the requirements of the company's proposed IPO at that time. As per the information disclosed to the Company, Mr. Hashke was a registered consultant to the World Bank for Asset Trading and Debt Restructuring and was appointed on basis of his experience with international ...