Subsidiaries

Corvina Management Services Ltd

H Savy Insurance Ltd

Kingsgate Investments Ltd

Mahé Investments Ltd

Papyrus Management Company Ltd

United Bank International Ltd

Victoria Properties Ltd

Corvina Management Services Ltd

Subsidiary of Corvina

Corvina Management Services provides management services to both members of the Corvina group and other companies.  It is actively involved in strategic matters concerning the group and has the capacity to undertake major project assignments in various economic sectors.  It also provides logistical and secretarial support to Lemuria Resort.  

Contacts

Chairman:

Managing director:

Directors: Gerard Adam, Gitanne Gendron, Glenny Savy, Adrain Skerrett, Jean Weeling-Lee

 H Savy Insurance Ltd

Subsidiary of Corvina

H Savy Insurance is the only privately owned insurance company in Seychelles. Corvina is the major shareholder in the company together with partners including two leading foreign insurance and reinsurance companies.  Since its inception in July 1995, the company has seen a steady growth in premium income and profitability.  For fiscal year 2001/2002, a record premium income of over R25 million is anticipated, all in respect of general business, as the company offers no Life products.  In late 2002 early 2003, the company is fully committed to commence Life business, thus adding new scope for further growth in premium income and ultimately, profitability. More...

Contacts

Chairman: Aboo Aumeeruddy

Managing director: Jean Weeling-Lee

Directors: Marc Hoareau, Gaetan Lan Hunknen, Derrick Nicoll, Adrian Skerrett.

 Kingsgate Investments Ltd

Subsidiary of Corvina

Kingsgate Investments is a joint venture with local partners for investment in property in Seychelles.  It is the holding company of Victoria Properties and Investments Ltd.  

Contacts

Chairman: Aboo Aumeeruddy

Managing director:

Directors: Gitanne Gendron, Adrain Skerrett, Patrice d'Hotman de Villiers.

Mahé Investments Ltd

Subsidiary of Corvina

Mahé Investments is a partnership with a large number of local shareholders. The company invests in local companies from a variety of sectors.  It has a major stake in Land Marine Limited.  

Contacts

Chairman: Guy Adam

Managing director: Gerard Adam

Directors: Aboo Aumeeruddy, Gitanne Gendron, Alfred Lablache, Jamshed Pardiwalla, Adrian Skerrett.

Papyrus Management Company Ltd

Subsidiary of Corvina

Papyrus manages private houses and commercial properties in Seychelles.  It is also the investment vehicle holding the shares of Aquarius Shipping Agency Ltd.

Contacts

Chairman: Aboo Aumeeruddy

Directors: Alessandro Picchi, Jean Weeling-Lee

United Bank International Ltd

Subsidiary of Corvina

United Bank International holds the right to a licence to carry out banking services in Seychelles.  Presently, it is inactive, waiting patiently for the appropriate economic climate to start operations.  

Contacts

Chairman: Aboo Aumeeruddy

Managing director: Jean Weeling-Lee

Directors: Guy Adam

Victoria Properties & Investments Ltd

Subsidiary of Corvina

Victoria Properties is the owner of the office block Kingsgate Travel Centre (formerly Kingsgate House) along Independence Avenue in the commercial heart of Victoria.  

Contacts

Chairman: Aboo Aumeeruddy

Managing director: Andre Rasool

Directors: Gitanne Gendron, Adrian Skerrett