Last updated on: 24/07/2020
Country of Incorporation
The company is incorporated in Guernsey.
Main Country of Operation
CNMI is focused on investing in and the subsequent development, redevelopment and operation of an international portfolio of both new and existing marinas and related real estate in the Mediterranean, the Caribbean and the United States.
Number of Securities in Issue
The Company has 207,230,447 Ordinary Shares of no par value in issue.
There are no shares held in treasury.
Shares not in Public Hands
The percentage of shares not in public hands is 99.57%
Significant Shareholders & Shareholder Rights
For transfer restrictions see article 12 in the Memorandum and Articles of Association.
All recent company reports.
Details on the Company’s Secretary and other key advisors.
Victor Chu is a lawyer with over 30 years’ experience of operating and investing in Asia. He is Chairman and principal shareholder of First Eastern (Holdings) Limited, which together with its wholly owned subsidiary, FE Marina Investments Limited, owns 99.6% of the Company’s issued share capital. He became a Director of the Group's majority owned subsidiary, Grand Harbour Marina plc in November 2017 and Chairman of the Group in June 2018.
Mr Chu obtained his law degree at University College London and qualified as a solicitor in England and Hong Kong in 1982 with Herbert Smith, the City law firm.
Over the last 30 years he has served, at various times, as a Director and Council Member of the Hong Kong Stock Exchange, Member of the Hong Kong Takeovers and Mergers Panel, Advisory Committee Member of the Hong Kong Securities and Futures Commission and part-time member of the Hong Kong Government’s Central Policy Unit. Mr Chu served as Foundation Board Member of the World Economic Forum in Geneva from 2003 to 2015 and currently co-chairs the Forum’s International Business Council.
He is also Chairman of the Hong Kong – Europe Business Council, a Trustee of Asia House and serves on the Board of China Merchants China Direct Investments Ltd. In June 2011, Mr Chu was awarded the 2011 Global Economy Prize (jointly with Professor Larry Summers and then European Central Bank President Jean-Claude Trichet) by the Kiel Institute for the World Economy.
Victor Chu, Chairman (Hong Kong Resident)
Sir Christopher Lewinton became Chairman Emeritus in June 2018 when he stepped down as Chairman of the Group and as a Director of Grand Harbour Marina plc, the Group’s listed Maltese subsidiary. He is also a member of the Advisory Board of Metalmark Capital/Morgan Stanley Capital Partners and an Emeritus member of the Operating Executive Board of JF Lehman, both of which are US based private equity firms. Previous positions held include Chief Executive of TI Group plc (1986-1998) and its chairman (1989-2000), Chief Executive of the Wilkinson Sword Group and a member of the Board of Allegheny International, Inc. (1970-1985), non-executive Director of WPP Group plc (1998-2003), non-executive Director of Reed Elsevier plc (1993-1999) and a member of the Supervisory Board of Mannesman AG (1995-1999).
Sir Christopher Lewinton, Chairman Emeritus: Non-Board Director
Martin Bralsford is a Chartered Accountant with over 40 years business experience having held finance and general management roles in C.I. Traders, Le Riche Group, Premier Brands Ltd, Calor Gas, Rank Group, Smith Kline Beecham and Cadbury Schweppes. He was Chief Executive of C.I. Traders, an AIM listed public company engaged in leisure, retail and wholesale distribution and property businesses having held the same position at Le Riche Group which was acquired by C.I. Traders. He has served as a non-executive member of the Boards of a number of commercial, banking and investment companies.
Martin Bralsford was a Director of Camper & Nicholsons Marina Investments Limited in February 2012 and the following month became a Director of its’ majority owned subsidiary, Grand Harbour Marina plc which is listed on the Malta Stock Exchange. Martin’s other listed company appointment is as Chairman of Fundsmith Emerging Equities Trust PLC which floated on the London Stock Exchange’s Main Market in June 2014. Martin is a former President of the Jersey Chamber of Commerce and has been approved by the Financial Service Regulatory Authorities in Jersey, Guernsey and the Isle of Man as a Director of a regulated body.
Martin Bralsford, Emeritus: Non-Board Director
Ms Kan has extensive experience in direct investments and investment management in the People’s Republic of China. She has been actively involved in creating and synergizing strategic relationships with potential and existing investors and developing investment strategies. Ms Kan is a Certified Public accountant (USA), a fellow member of the Hong Kong Institute of Certified Public Accountants, a member of the Hong Kong Securities and Investment Institute and a fellow member of the Hong Kong Institute of Directors. She serves on the boards of several companies including Camper & Nicholsons First Eastern, the Company’s Asia Pacific joint venture with First Eastern, and China Merchants China Direct Investments Limited a company listed on the Hong Kong Stock Exchange. Ms Kan is currently Managing Director of First Eastern Investment Group and was nominated for appointment as a Non-Executive Director by First Eastern (Holdings) Limited, a company which together with its wholly owned subsidiary, FE Marina Investments Limited, owns 99.6% of the Company’s issued share capital. Ms Kan became a Director of the Group's majority owned subsidiary, Grand Harbour Marina plc in November 2017 and subsequently has been appointed CEO.
Elizabeth Kan, Director
Clive Whiley has over thirty five years’ experience in regulated strategic management positions since becoming a Member of the London Stock Exchange. He has extensive main board executive director experience across a broad range of financial services, engineering, manufacturing, distribution, retail & leisure businesses: encompassing the UK, Europe, North America, Australasia and the People’s Republic of China. Mr Whiley is Non Executive Chairman of Dignity PLC, Non Executive Chairman of Mothercare plc, a Non-Executive Director of Grand Harbour Marina PLC and also Chairman of China Venture Capital Management Limited, First China Venture Capital Limited and Y-LEE Limited.
Clive Whiley, Emeritus: Non-Board Director