ROI Land Investments Engages GCA Asset Management
January 22 2016 - 6:00AM
Appoints
Dr. Slim Feriani as Chief Investment
Officer
MONTREAL,
January 22nd19th, 2016 (GLOBE
NEWSWIRE) -- ROI Land Investments Ltd. (OTC: ROII) ("ROI" or the
"Company"), a diversified real estate land development
investment company, today announced it has engaged Gulf Central
Agency Asset Management ("GCA"), a London-based investment
management and corporate finance advisory firm, to assist ROI in
establishing a London presence and introduce the Company to GCA's
global client base. In addition, Dr. Slim Feriani, Chairman at GCA,
has been appointed Chief Investment Officer ("CIO") at ROI to
further enhance the Company's capabilities.
Sami Chaouch, Executive Chairman
of ROI, commented, "Working with GCA will greatly strengthen our
presence in Europe and enable ROI to execute an ambitious funding
program for our international projects. GCA offers a breadth of
knowledge about investments, including packaging and managing real
estate operations. We will rely on their expertise as we explore
ways to create value for the holders of our securities. To support
these efforts, we have also appointed Dr. Slim Feriani as CIO.
We have great confidence that Slim's extensive investment and
capital markets experience will help ROI achieve its business
objectives."
"We are delighted that ROI has
selected us for this important mandate and proud to be a part of
the Company's exciting journey," said Hakim Azaiez, Managing
Director and Head of Investment at GCA Asset Management. "This
announcement not only reflects the confidence we have in ROI's
management team but also underscores our commitment to our
international clientele. We believe that ROI offers a unique
investment strategy, filling an underserved niche in the real
estate development process. Through this engagement, our clients
will be able to capitalize on the Company's unique
approach."
Dr. Feriani commented, "I am
excited to join ROI at this stage of its development. I look
forward to contributing to the Company's ongoing efforts in
establishing it as a premier niche real estate player with a global
footprint."
About Dr. Slim Feriani
The current Chairman and CIO of
GCA, Dr. Feriani brings 20 years of global investment experience.
Prior to his current roles, he was Managing Partner and CEO of MENA
Capital, a London-based investment management company focused on
the stock markets of the Middle East and North Africa. From 2005 to
2014, he held the roles of Executive Chairman, CEO and CIO at
Advance Emerging Capital ("AEC"), where he managed funds investing
in emerging and frontier markets. During his tenure at AEC, Dr.
Feriani also analyzed and invested in several real estate funds and
projects in various countries. Prior to that, he worked at Martin
Currie Investment Management and Nomura International. Dr. Feriani
holds an MBA and a Ph.D. in Finance & Investments from The
George Washington University, where he taught Finance and
International Finance for seven years and currently serves on the
board of its business school.
About GCA Asset
Management
Founded in 1976, Gulf Central
Agency Asset Management is a London-based investment management and
corporate advisory firm. GCA Asset Management seeks to maintain a
profitable partnership with its clients and aims to exceed clients'
expectations by providing a service at the highest possible
standard. GCA Asset Management offers clients a diverse and full
range of investment advisory products including equity, fixed
income, liquidity and alternative strategies. Our objective is to
manage focused investment strategies that are responsive to client
needs while delivering long-term value.
About ROI Land Investments
Ltd.
ROI Land Investments (OCTQB: ROII) participates in
the early stages of real estate development. The Company acquires
raw land free of zoning restrictions located in geographies
positioned to benefit from unique economic catalysts.
ROI also manages the permitting process, oversees the construction
of infrastructure and works closely with established developers to
bring the projects to completion. The Company has projects
underway throughout North America and the UAE.
Investor Contacts:
KCSA Strategic Communications
Brad Nelson / Elizabeth Barker
212-896-1217 / 212-896-1203
bnelson@kcsa.com / ebarker@kcsa.com
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: ROI Land Investments LTD via Globenewswire
HUG#1979783
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