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Pin to quick picksSymphony Regulatory News (SIHL)

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Symphony International Holdings is an Investment Trust

To increase the aggregate NAV of the Group calculated in accordance with the policies of the company through strategic longer-term investments in consumer related businesses, primarily in the healthcare, hospitality and lifestyle sectors.

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Director Update

15 May 2023 11:27

RNS Number : 4319Z
Symphony International Holdings Ltd
15 May 2023
 

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

 

Symphony International Holdings Limited ("Symphony")

 

15 May 2023

 

Director and Audit Committee Chairman, Mr. Rajiv Luthra, Passes Away

 

Dear Shareholders,

 

It is with profound sadness and a heavy heart that we announce the unexpected passing of our dear colleague, fellow Director, friend, and our Audit Committee Chairman, Mr. Rajiv Luthra.

 

Mr. Luthra was an invaluable asset to our organization, a dedicated board member who served Symphony with his exceptional analytical acumen, tireless dedication, and unwavering commitment to the job. His larger-than-life presence, coupled with his remarkable ability to simplify the most complex issues, set him apart as a leader and left an indelible mark on all who had the privilege to work with him.

 

His time as an Independent director of Symphony was characterized by a deep sense of duty, integrity, and a propensity for service that extended beyond the confines of our boardroom. It was not just his professional contributions that made him stand out; Rajiv was well known for his kindness, generosity, and an innate ability to make everyone feel valued. He was always available to lend an ear, offer advice, or assist in any way possible, fostering a culture of inclusivity and mutual respect.

 

As Chairman of our Audit Committee, Rajiv played a pivotal role in ensuring our company's financial health and stability. His sharp eye for detail, rigorous standards, and thoroughness were key elements in the success and growth of our organization. His leadership, insight, and stewardship will be greatly missed.

 

Sincerely,

 

The Board of Directors

Symphony International Holdings Limited

 

For further information:

Symphony Asia Holdings Pte. Ltd. +65 6536 6177

Anil Thadani 

Rajgopal Rajkumar

Dealing codes

The ISIN number of the Ordinary Shares is VGG548121059, the SEDOL code is B231M63 and the TIDM is SIHL.

 

The LEI number of the Company is 254900MQE84GV5DS6F03.

 

 

About Symphony

 

Symphony International Holdings Limited (LSE:SIHL) is a London listed strategic investment company that invests in consumer related businesses, primarily in the healthcare, hospitality, lifestyle (including branded real estate developments), logistics and education sectors predominantly in Asia. It offers a way for investors to gain exposure to rising disposable incomes and wealth in fast growing economies. Symphony's objective is to provide superior capital growth by investing in high quality companies and form long-term business partnerships with talented entrepreneurs and management teams. Symphony's investment team has a broad range of expertise - many of its professionals have been working in Asia for more than 35 years. For more information please visit our website at www.symphonyasia.com. 

 

No representation or warranty is made by the Company as to the accuracy or completeness of the information contained in this announcement and no liability will be accepted for any loss arising from its use.

 

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Company in any jurisdiction. All investments are subject to risk. Past performance is no guarantee of future returns. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decisions.

 

This announcement is not an offer of securities for sale into the United States. The Company's securities have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of securities in the United States.

 

The Company and the Investment Manager are not associated or affiliated with any other fund managers whose names include "Symphony", including, without limitation, Symphony Financial Partners Co., Ltd.

 

End of Announcement

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