{"id":53,"date":"2025-12-30T09:34:22","date_gmt":"2025-12-30T09:34:22","guid":{"rendered":"https:\/\/lavastone.mu\/annual-report-2025\/?page_id=53"},"modified":"2026-02-20T09:47:04","modified_gmt":"2026-02-20T09:47:04","slug":"about-lavastone","status":"publish","type":"page","link":"https:\/\/lavastone.mu\/annual-report-2025\/about-lavastone\/","title":{"rendered":"About Lavastone"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"53\" class=\"elementor elementor-53\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b6d6f47 e-con-full elementor-hidden-mobile e-flex e-con e-parent\" data-id=\"b6d6f47\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-8ba62c3 e-con-full e-flex e-con e-child\" data-id=\"8ba62c3\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-528780d elementor-widget elementor-widget-heading\" data-id=\"528780d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">ABOUT<BR> LAVASTONE<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6076297 elementor-widget elementor-widget-heading\" data-id=\"6076297\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">OUR FOUNDATIONS SHAPE TOMORROW<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-032d9a0 e-con-full elementor-hidden-desktop elementor-hidden-tablet e-flex e-con e-parent\" data-id=\"032d9a0\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-b778710 e-con-full e-flex e-con e-child\" data-id=\"b778710\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-66ea8ba elementor-widget elementor-widget-heading\" data-id=\"66ea8ba\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">ABOUT<BR> LAVASTONE<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8bfdeeb elementor-widget-mobile__width-initial elementor-widget elementor-widget-heading\" data-id=\"8bfdeeb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">OUR FOUNDATIONS SHAPE TOMORROW<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-43f8ce1 e-con-full elementor-hidden-mobile e-flex e-con e-parent\" data-id=\"43f8ce1\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-263b9e5 elementor-icon-list--layout-inline elementor-align-center elementor-mobile-align-center elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"263b9e5\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-inline-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#mission\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"b\" viewBox=\"0 0 9.39 9.39\"><g id=\"c\"><polygon points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\" style=\"fill:#f89a31; stroke-width:0px;\"><\/polygon><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Our Mission, Vision and Values<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#milestones\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"b\" viewBox=\"0 0 9.39 9.39\"><g id=\"c\"><polygon points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\" style=\"fill:#f89a31; stroke-width:0px;\"><\/polygon><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Our Milestones<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#directors\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"b\" viewBox=\"0 0 9.39 9.39\"><g id=\"c\"><polygon points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\" style=\"fill:#f89a31; stroke-width:0px;\"><\/polygon><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Board of Directors<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#activities\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"b\" viewBox=\"0 0 9.39 9.39\"><g id=\"c\"><polygon points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\" style=\"fill:#f89a31; stroke-width:0px;\"><\/polygon><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Our Activities<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b06307f e-con-full elementor-hidden-desktop elementor-hidden-tablet e-flex e-con e-parent\" data-id=\"b06307f\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-04bfccd elementor-icon-list--layout-inline elementor-align-center elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"04bfccd\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-inline-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#mission\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"b\" viewBox=\"0 0 9.39 9.39\"><g id=\"c\"><polygon points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\" style=\"fill:#f89a31; stroke-width:0px;\"><\/polygon><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Our Mission, Vision and Values<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#milestones\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"b\" viewBox=\"0 0 9.39 9.39\"><g id=\"c\"><polygon points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\" style=\"fill:#f89a31; stroke-width:0px;\"><\/polygon><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Our Milestones<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#directors\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"b\" viewBox=\"0 0 9.39 9.39\"><g id=\"c\"><polygon points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\" style=\"fill:#f89a31; stroke-width:0px;\"><\/polygon><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Board of Directors<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#activities\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"b\" viewBox=\"0 0 9.39 9.39\"><g id=\"c\"><polygon points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\" style=\"fill:#f89a31; stroke-width:0px;\"><\/polygon><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Our Activities<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9d63647 e-flex e-con-boxed e-con e-parent\" data-id=\"9d63647\" data-element_type=\"container\" id=\"#About-Lavastone\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-d1f9937 e-flex e-con-boxed e-con e-child\" data-id=\"d1f9937\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-18a6536 e-con-full e-flex e-con e-child\" data-id=\"18a6536\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-842cb0b e-con-full e-flex e-con e-child\" data-id=\"842cb0b\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c2c0127 elementor-widget elementor-widget-menu-anchor\" data-id=\"c2c0127\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"mission\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-869f64a elementor-widget elementor-widget-heading\" data-id=\"869f64a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Our Mission<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ac5d955 elementor-widget elementor-widget-text-editor\" data-id=\"ac5d955\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Partnering with our stakeholders to deliver superior value in design, quality, sustainability and services.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eecfdb8 elementor-widget elementor-widget-heading\" data-id=\"eecfdb8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Our Vision<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-40ed020 elementor-widget elementor-widget-text-editor\" data-id=\"40ed020\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>To be the preferred partner for commercial real estate solutions, while delivering optimum return to our shareholders.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32781f3 elementor-widget elementor-widget-heading\" data-id=\"32781f3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Our Values<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ff8d051 elementor-widget elementor-widget-heading\" data-id=\"ff8d051\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Agility<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e1d156 elementor-widget elementor-widget-text-editor\" data-id=\"7e1d156\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>We seek to unleash our capacity to quickly and best understand opportunities and threats so we can adapt accordingly, choosing the most appropriate course of action and energetically implementing it.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb05107 elementor-widget elementor-widget-heading\" data-id=\"bb05107\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Humility<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b4e180e elementor-widget elementor-widget-text-editor\" data-id=\"b4e180e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>We understand we are not perfect and aim to learn from others through each encounter, in order to keep improving.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-561092b elementor-widget elementor-widget-heading\" data-id=\"561092b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Care<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a64bdc8 elementor-widget elementor-widget-text-editor\" data-id=\"a64bdc8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>We foster a family spirit built on integrity to encourage sustainable communities.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d219784 elementor-widget elementor-widget-heading\" data-id=\"d219784\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Passion<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7839b41 elementor-widget elementor-widget-text-editor\" data-id=\"7839b41\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>We constantly push beyond our limits, challenging the status quo with innovative solutions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c001a6b e-flex e-con-boxed e-con e-parent\" data-id=\"c001a6b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-1c658c6 e-con-full e-flex e-con e-child\" data-id=\"1c658c6\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9b85f61 elementor-widget elementor-widget-menu-anchor\" data-id=\"9b85f61\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"milestones\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2380fa elementor-widget elementor-widget-heading\" data-id=\"c2380fa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Our Milestones<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b137614 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"b137614\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>December 2018:<\/b> Listing of Lavastone Ltd on the Development &amp; Enterprise Market (DEM)<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>December 2018:<\/b> Acquisition of Compagnie Valome Ltd (CVL\/Owner of C Rodrigues Mourouk)<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>December 2019:<\/b> Opening of EDITH in Port Louis<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>June 2020:<\/b> Integration of Lochiel Property Services Ltd (now Lavastone Services Ltd) to Lavastone Ltd<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>October 2021:<\/b> Opening of Sunrise Attitude<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>June 2022:<\/b> Acquisition of Absa House<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>December 2019:<\/b> Opening of EDITH in Port Louis<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>July 2022:<\/b> Inauguration of Victoria Urban Terminal<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>November 2022:<\/b> LEED Gold Certification of EDITH<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>November 2023:<\/b> Opening of C Rodrigues Mourouk<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>November 2023:<\/b> Acquisition of SOFAP Buildings<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>April 2024:<\/b> Acquisition of Integrity Building at Riche Terre<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"Layer_2\" viewBox=\"0 0 9.39 9.39\"><defs><style>.cls-1{fill:#7b413b;stroke-width:0px;}<\/style><\/defs><g id=\"b\"><g id=\"c\"><polygon class=\"cls-1\" points=\"9.39 4.69 0 0 0 9.39 9.39 4.69\"><\/polygon><\/g><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>June 2025:<\/b> Sale of Trianon Land<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3455bc4 e-con-full e-flex e-con e-child\" data-id=\"3455bc4\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d66814a e-flex e-con-boxed e-con e-parent\" data-id=\"d66814a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0f3b3cf elementor-widget elementor-widget-menu-anchor\" data-id=\"0f3b3cf\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"directors\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e091ffb elementor-widget elementor-widget-heading\" data-id=\"e091ffb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Board of Directors<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0c30c56 e-flex e-con-boxed e-con e-parent\" data-id=\"0c30c56\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-9813ad5 e-flex e-con-boxed e-con e-child\" data-id=\"9813ad5\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-c8a7771 e-con-full e-flex e-con e-child\" data-id=\"c8a7771\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-621ecfd elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"621ecfd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"494\" height=\"410\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/colinar25@2x.webp\" class=\"attachment-full size-full wp-image-2321\" alt=\"\" srcset=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/colinar25@2x.webp 494w, https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/colinar25@2x-300x249.webp 300w\" sizes=\"(max-width: 494px) 100vw, 494px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56ac339 elementor-widget elementor-widget-heading\" data-id=\"56ac339\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Colin Taylor<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-37408fc elementor-widget elementor-widget-heading\" data-id=\"37408fc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Non-Executive Director and Chairman<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0fbea91 elementor-widget elementor-widget-heading\" data-id=\"0fbea91\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Appointed in 2015<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e158003 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"e158003\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Colin holds an MSc in Management from Imperial College, London, and a BSc (Hons) in Engineering with Business Studies from Portsmouth Polytechnic. He is the Chairman and CEO of Taylor Smith Investment Ltd, a diversified group of companies operating in marine services, logistics, cement importation, manufacturing, and property.<\/p><p>He also serves on the boards of several private companies, bringing with him a strong understanding of multiple sectors.<\/p><p><b>Expertise:<\/b> Leadership, corporate governance, business strategy, and diversified group management.\u00a0<\/p><p>Directorship in other listed companies:<\/p><p><span style=\"font-size: 1rem;\">CIM Financial Services Ltd<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4f249d5 e-con-full e-flex e-con e-child\" data-id=\"4f249d5\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f31c2df elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"f31c2df\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"494\" height=\"410\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/gaetanar25@2x.webp\" class=\"attachment-full size-full wp-image-2322\" alt=\"\" srcset=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/gaetanar25@2x.webp 494w, https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/gaetanar25@2x-300x249.webp 300w\" sizes=\"(max-width: 494px) 100vw, 494px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d3302e elementor-widget elementor-widget-heading\" data-id=\"3d3302e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Gaetan Ah Kang<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5e659a8 elementor-widget elementor-widget-heading\" data-id=\"5e659a8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Non-Executive Director<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eb3a8f3 elementor-widget elementor-widget-heading\" data-id=\"eb3a8f3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Appointed in 2018<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31b254a elementor-widget elementor-widget-text-editor\" data-id=\"31b254a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Gaetan spent the first six years of his career working in an audit firm in the UK, before returning to Mauritius in 1992 to join De Chazal Du M\u00e9e in an audit role. He subsequently moved to the Risk and Audit Team of the Rogers Group in 1994, before becoming the Finance Manager of the Rogers Group\u2019s Engineering Cluster in 1999. In 2004, Gaetan was appointed Group Finance Director of the Taylor Smith Group, as well as a member of the Audit and Risk Committee. In 2021, he headed the financial aspect and due diligence process of the TSI Group\u2019s acquisition of Lafarge Holcim Indian Ocean, now known as Cementis. Gaetan is a member of the Institute of Chartered Accountants in England and Wales (ICAEW).<\/p><p><b>Expertise:<\/b> Finance, audit, risk management, due diligence and corporate finance.<\/p><p>\u00a0Directorship in other listed companies: None<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-504f721 e-flex e-con-boxed e-con e-parent\" data-id=\"504f721\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-665d0ee e-flex e-con-boxed e-con e-child\" data-id=\"665d0ee\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-00409a6 e-con-full e-flex e-con e-child\" data-id=\"00409a6\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-600f9e0 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"600f9e0\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"493\" height=\"410\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/annar25@2x.webp\" class=\"attachment-full size-full wp-image-2320\" alt=\"\" srcset=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/annar25@2x.webp 493w, https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/annar25@2x-300x249.webp 300w\" sizes=\"(max-width: 493px) 100vw, 493px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-48a7145 elementor-widget elementor-widget-heading\" data-id=\"48a7145\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Ann Charlotte Vallet<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d71d23f elementor-widget elementor-widget-heading\" data-id=\"d71d23f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Non-Executive Director<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-be7e104 elementor-widget elementor-widget-heading\" data-id=\"be7e104\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Appointed in 2022<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-534b187 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"534b187\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Ann Charlotte Vallet is the Founder, Chairperson and Manager of the Taylor Smith Foundation, an entity created in 2010 through the Taylor Smith Group with a mission to contribute to sustainable development through economic, social, and environmental pillars.<\/p><p>The Foundation promotes numerous initiatives in the fields of education and youth development, the empowerment of women and families, sports, and the protection of the environment.<\/p><p><b>Expertise:<\/b> Corporate social responsibility, sustainable development, community engagement, and social impact strategy.<\/p><p>Directorship in other listed companies: None<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a9b7c48 e-con-full e-flex e-con e-child\" data-id=\"a9b7c48\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f8dad60 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"f8dad60\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"493\" height=\"410\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/nicolasar25@2x.webp\" class=\"attachment-full size-full wp-image-2325\" alt=\"\" srcset=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/nicolasar25@2x.webp 493w, https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/nicolasar25@2x-300x249.webp 300w\" sizes=\"(max-width: 493px) 100vw, 493px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41572c2 elementor-widget elementor-widget-heading\" data-id=\"41572c2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Nicolas Vaudin<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-91429e5 elementor-widget elementor-widget-heading\" data-id=\"91429e5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Executive Director and Managing Director<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b30670c elementor-widget elementor-widget-heading\" data-id=\"b30670c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Appointed in 2017<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-df63c5f elementor-widget elementor-widget-text-editor\" data-id=\"df63c5f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Nicolas holds an MBA from Surrey European Management School, University of Surrey (Guildford, UK), and a Bachelor of Applied Science in Hospitality Administration from Southern New Hampshire University (Manchester, USA). In February 2017, he joined Cim Group as the Managing Director for the Cim Property cluster. He played a significant role in the rebranding and restructuring of the cluster, which led to the listing of Lavastone Ltd on the DEM in December 2018. Following this, Nicolas was appointed as the Managing Director of the Lavastone Group. Prior to his tenure with Cim Group, Nicolas amassed significant experience in real estate. He spent over six years at Ciel Properties Ltd, where he played a pivotal role in the development of Anahita. Thereafter, he spent another six years at PricewaterhouseCoopers Ltd, leading the real estate advisory practice.<\/p><p><b>Expertise:<\/b> Real estate development, property management, corporate strategy, business restructuring.<\/p><p>Directorship in other listed companies: None<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-00073fe e-flex e-con-boxed e-con e-parent\" data-id=\"00073fe\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-86f63d2 e-flex e-con-boxed e-con e-child\" data-id=\"86f63d2\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-8547840 e-con-full e-flex e-con e-child\" data-id=\"8547840\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-809b350 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"809b350\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"493\" height=\"410\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/phillipar25@2x.webp\" class=\"attachment-full size-full wp-image-2326\" alt=\"\" srcset=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/phillipar25@2x.webp 493w, https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/phillipar25@2x-300x249.webp 300w\" sizes=\"(max-width: 493px) 100vw, 493px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7916aef elementor-widget elementor-widget-heading\" data-id=\"7916aef\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Philip Simon Taylor<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1bb1abc elementor-widget elementor-widget-heading\" data-id=\"1bb1abc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Non-Executive Director<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-131c4ae elementor-widget elementor-widget-heading\" data-id=\"131c4ae\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Appointed in 2022<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8f0f030 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"8f0f030\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>After obtaining a BSC in Hotel Management at the University of Surrey (England) in 1989 and an MBA in Corporate Finance in 1994 also at the University of Surrey, Philip relocated to Mauritius and assumed a leadership role in the international development division of the Rogers Group. In 2010, Philip established his own business development advisory firm, which undertakes diverse projects across property development, energy, logistics, financial services, hospitality, and tourism. Currently, Philip is at the helm of an innovative hospitality digital services and travel &amp; tourism intelligence company entitled www. hospitality-plus.travel. In addition to his Directorship at Lavastone Ltd and several non-listed companies, he is a Non-Executive Director on the Board of CIM Financial Services Ltd, where he is a member of the Corporate Governance and Conduct Review Committee. Philip is also the Honorary Consul of Finland in Mauritius.<\/p><p><b>Expertise:<\/b> Hospitality &amp; tourism, corporate finance, business development, corporate governance<\/p><p>Directorship in other listed companies: CIM Financial Services Ltd<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f9758ec e-con-full e-flex e-con e-child\" data-id=\"f9758ec\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-932ad9c elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"932ad9c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"494\" height=\"410\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/josear25@2x.webp\" class=\"attachment-full size-full wp-image-2324\" alt=\"\" srcset=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/josear25@2x.webp 494w, https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/josear25@2x-300x249.webp 300w\" sizes=\"(max-width: 494px) 100vw, 494px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-91f99df elementor-widget elementor-widget-heading\" data-id=\"91f99df\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Jose Arunasalom<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1bba7a3 elementor-widget elementor-widget-heading\" data-id=\"1bba7a3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Independent Director<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-536f55b elementor-widget elementor-widget-heading\" data-id=\"536f55b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Appointed in 2018<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3f2016e elementor-widget elementor-widget-text-editor\" data-id=\"3f2016e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Jose holds a Bachelor\u2019s degree in Economics and a Master\u2019s degree in International Relations. He has held various senior executive positions within the private sector in Mauritius, after which he filled significant governmental roles over a remarkable 23-year period, including a tenure as Minister of Tourism. Jose\u2019s expertise extends beyond his domestic involvement, serving as a Director on the Board of two equity funds, and having advised governments in Madagascar and Africa. Additionally, he has been elected as a Member of the National Assembly for five consecutive terms.<\/p><p>Jose is the Economic Adviser of the Rodrigues Regional Assembly and a fellow member of the Mauritius Institute of Directors. More recently, in January 2025, he was appointed as the Chairman of the Tourism Authority.<\/p><p><b>Expertise: <\/b>Public sector governance, tourism policy,<b> <\/b>economic advisory\u00a0<\/p><p><span style=\"font-size: 1rem;\">Directorship in other listed companies: None<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6ea03db e-flex e-con-boxed e-con e-parent\" data-id=\"6ea03db\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-41409ee e-flex e-con-boxed e-con e-child\" data-id=\"41409ee\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-1285b07 e-con-full e-flex e-con e-child\" data-id=\"1285b07\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d1ef1b0 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"d1ef1b0\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"494\" height=\"410\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/vijayaar25@2x.webp\" class=\"attachment-full size-full wp-image-2328\" alt=\"\" srcset=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/vijayaar25@2x.webp 494w, https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/vijayaar25@2x-300x249.webp 300w\" sizes=\"(max-width: 494px) 100vw, 494px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a31f0ec elementor-widget elementor-widget-heading\" data-id=\"a31f0ec\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Vijaya Lakshmi Anna (Ruby) Saha<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a90701 elementor-widget elementor-widget-heading\" data-id=\"7a90701\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Independent Director<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a127c6f elementor-widget elementor-widget-heading\" data-id=\"a127c6f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Appointed in 2018<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4569ef3 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"4569ef3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Ruby is a barrister who joined the Bar as a second career in 2007. A former Government Laureate from Loreto Convent Port Louis, she studied Geography and Town Planning at the University of Wales, and began her professional career in the United Kingdom as a technical expert.<\/p><p>Upon her return to Mauritius, Ruby joined the Ministry of Housing and Lands, ultimately retiring as Chief Technical Officer. During her tenure, she contributed to a wide range of projects, including low-income housing, public beach identification, climate change and cyclone emergency programmes, road re-routing, spatial planning in Rodrigues, and joint public-private coastal planning initiatives.<\/p><p>Since joining the Bar, Ruby has continued her commitment to the built environment, representing clients before all Courts of Mauritius in matters relating to planning and environmental law. Her interest lies in defending built-up areas against substandard developments and advocating for fair compensation in cases of compulsory acquisition. Ruby remains passionate about contributing to sustainable development in Mauritius and promoting greater social justice.<\/p><p><b>Expertise: <\/b>Urban planning, environmental law, public policy, and sustainable development\u00a0<\/p><p>Directorship in other listed companies: None<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d27f386 e-con-full e-flex e-con e-child\" data-id=\"d27f386\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7b8d17d elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"7b8d17d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"493\" height=\"410\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/vedar25@2x.webp\" class=\"attachment-full size-full wp-image-2327\" alt=\"\" srcset=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/vedar25@2x.webp 493w, https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/vedar25@2x-300x249.webp 300w\" sizes=\"(max-width: 493px) 100vw, 493px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ca365a elementor-widget elementor-widget-heading\" data-id=\"7ca365a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Vedanand Singh (Shyam)\nMohadeb<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-376fb66 elementor-widget elementor-widget-heading\" data-id=\"376fb66\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Independent Director<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bcba51e elementor-widget elementor-widget-heading\" data-id=\"bcba51e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Appointed in 2018<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e8e89ac elementor-widget elementor-widget-text-editor\" data-id=\"e8e89ac\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Shyam, Chartered Accountant and former Senior Assurance Partner at PWC (Mauritius), is a financial consultant specialising in the financial and realty sectors. He qualified as a Chartered Accountant in Belfast, Northern Ireland, with the local representative of Touche Ross.<\/p><p>Upon his return to Mauritius, he joined Kemp Chatteris as an audit senior, until he was made a partner in January 1985. He managed a varied audit portfolio of companies operating in the banking, sugar, manufacturing and commercial sectors, enabling him to garner deep industry knowledge.<\/p><p>In 1987, Shyam left Kemp Chatteris to form Price Waterhouse, alongside other founder partners. Between 1988 and his retirement as a senior assurance partner, he continued to serve several companies in different sectors of the economy, including acting as a financial advisor to two major textile companies and helping to turn them around. During his tenure at PwC, and also at Kemp Chatteris, he carried out several insolvency assignments.<\/p><p>Since July 2015, Shyam has been serving as an Independent Director and financial consultant serving the reality and financial sectors.<\/p><p><b>Expertise:<\/b> Financial reporting, audit, corporate governance, and business turnaround strategies.<\/p><p>Directorship in other listed companies: None<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a4084af e-flex e-con-boxed e-con e-parent\" data-id=\"a4084af\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-91661fa elementor-widget elementor-widget-heading\" data-id=\"91661fa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Profile of key Senior Officers\nand Executives<\/h1>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3acba94 e-flex e-con-boxed e-con e-parent\" data-id=\"3acba94\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-6255699 e-flex e-con-boxed e-con e-child\" data-id=\"6255699\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-b064e08 e-con-full e-flex e-con e-child\" data-id=\"b064e08\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-203a11e elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"203a11e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"494\" height=\"410\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/Jessicaar25@2x.webp\" class=\"attachment-full size-full wp-image-2323\" alt=\"\" srcset=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/Jessicaar25@2x.webp 494w, https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/Jessicaar25@2x-300x249.webp 300w\" sizes=\"(max-width: 494px) 100vw, 494px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee6434f elementor-widget elementor-widget-heading\" data-id=\"ee6434f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Jessica Sumputh<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22b5bbd elementor-widget elementor-widget-heading\" data-id=\"22b5bbd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Human Resource Manager<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81ecbdf elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"81ecbdf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Jessica is a qualified HR professional with 11 years of extensive experience across the hospitality, manufacturing, services, and real estate sectors. She earned her Diploma in Management, with a specialisation in Human Resource Management, from the University of Mauritius in 2014. She also holds a Master\u2019s Certification in Neuro-Linguistic Programming, and is a Certified Enneagram Practitioner and an ICI Associate Coach, offering a synergistic and holistic approach to personal and professional development.<\/p><p>Employed by the Taylor Smith Group, Jessica has been serving as the outsourced HR and People Development Manager at Lavastone Properties since October 2020. She provides hands-on HR solutions, bringing her strong problem-solving capabilities, coaching skills, and empathetic nature to create a positive work environment at Lavastone Properties, where employees feel supported, empowered, and equipped to thrive in their roles.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-facd7e4 e-con-full e-flex e-con e-child\" data-id=\"facd7e4\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-478ac27 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"478ac27\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"494\" height=\"410\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/alexar25@2x.webp\" class=\"attachment-full size-full wp-image-2319\" alt=\"\" srcset=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/alexar25@2x.webp 494w, https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/alexar25@2x-300x249.webp 300w\" sizes=\"(max-width: 494px) 100vw, 494px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-68deb1a elementor-widget elementor-widget-heading\" data-id=\"68deb1a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Alex Lan Pak Kee<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea8c858 elementor-widget elementor-widget-heading\" data-id=\"ea8c858\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Head of Finance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-04aed35 elementor-widget elementor-widget-text-editor\" data-id=\"04aed35\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Alex holds a BA (Hons) in Accounting and Finance from the University of Manchester. He joined Lavastone Properties as Finance Manager in 2020 and subsequently became the Financial Controller of the Group in October 2021. Alex was promoted to Head of Finance in 2024.<\/p><p>Before joining Lavastone Properties, he worked as an Accountant in Medine Limited\u2019s Property cluster, and previously, as a Senior Associate in PwC Mauritius\u2019s assurance department, where he led external audit assignments across various sectors including property, hospitality, textile, life insurance, and petroleum.<\/p><p>Alex is a member of the Institute of Chartered Accountants of England &amp; Wales (ICAEW).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4eb62ee e-flex e-con-boxed e-con e-parent\" data-id=\"4eb62ee\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-4c74931 e-con-full e-flex e-con e-child\" data-id=\"4c74931\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-72f804d elementor-widget elementor-widget-heading\" data-id=\"72f804d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Our organisational structure<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-72fcf29 elementor-widget elementor-widget-heading\" data-id=\"72fcf29\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">as at 30 September 2025<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c03aa1b e-con-full svg-zoom-container e-flex e-con e-child\" data-id=\"c03aa1b\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c835305 elementor-widget elementor-widget-html\" data-id=\"c835305\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<script>document.addEventListener('click', function (e) {\r\n  const img = e.target.closest('.elementor-lightbox img');\r\n  if (!img) return;\r\n\r\n  if (img.requestFullscreen) {\r\n    img.requestFullscreen();\r\n  }\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9cd4a62 elementor-widget elementor-widget-html\" data-id=\"9cd4a62\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<div class=\"zoom-image\">\r\n  <a href=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/org_chart_25_vfinal.webp\" data-elementor-open-lightbox=\"yes\">\r\n    <img decoding=\"async\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2026\/01\/org_chart_25_vfinal.webp\" alt=\"\">\r\n    <span class=\"zoom-label\">\r\n      View image in Fullscreen \r\n      <i class=\"fas fa-search-plus\"><\/i>\r\n    <\/span>\r\n  <\/a>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f30ec17 e-flex e-con-boxed e-con e-parent\" data-id=\"f30ec17\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e450681 elementor-widget elementor-widget-menu-anchor\" data-id=\"e450681\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"activities\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-47b8d03 e-con-full e-flex e-con e-child\" data-id=\"47b8d03\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-fbde3e9 e-con-full e-flex e-con e-child\" data-id=\"fbde3e9\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-23a27f6 e-con-full e-flex e-con e-child\" data-id=\"23a27f6\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f5bd1dd elementor-widget elementor-widget-heading\" data-id=\"f5bd1dd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Our Activities<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8c7f9c5 elementor-widget elementor-widget-heading\" data-id=\"8c7f9c5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Property Investment &amp; Development<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7bc51db elementor-widget elementor-widget-text-editor\" data-id=\"7bc51db\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>We allocate capital towards the acquisition and development of new properties and the redevelopment of existing assets to attract quality tenants, participate in growing our existing tenants\u2019 businesses, and deliver good returns to our shareholders. To achieve this, we develop modern, sustainable and enriching properties to increase their yielding value.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-edc068f elementor-widget elementor-widget-heading\" data-id=\"edc068f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Property Management<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fdb3100 elementor-widget elementor-widget-text-editor\" data-id=\"fdb3100\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Through Lavastone Services Ltd, we diligently evaluate and respond to our tenants\u2019 changing needs with respect to their day-to-day operations, security, maintenance, repairs and general upkeep. To facilitate this, and to become more energy-efficient, we invest in smart technologies across all our properties.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f959060 elementor-widget elementor-widget-heading\" data-id=\"f959060\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Portfolio Management<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73b5f6a elementor-widget elementor-widget-text-editor\" data-id=\"73b5f6a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>We actively manage our existing properties, whilst also investigating new acquisition opportunities that enable us to strengthen and diversify our portfolio. We regularly perform building surveys and asset reports to identify assets we can dispose of, using the capital to invest in sites with higher long-term yields and capital growth prospects.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5ed3ee8 e-con-full e-flex e-con e-parent\" data-id=\"5ed3ee8\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-f8b3e10 e-flex e-con-boxed e-con e-child\" data-id=\"f8b3e10\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-0c80606 e-flex e-con-boxed e-con e-child\" data-id=\"0c80606\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-d292765 e-con-full e-flex e-con e-child\" data-id=\"d292765\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-24ef565 elementor-widget elementor-widget-heading\" data-id=\"24ef565\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">AT A\nGLANCE<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-12304f8 e-con-full e-flex e-con e-child\" data-id=\"12304f8\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-fb70b8b e-con-full e-flex e-con e-child\" data-id=\"fb70b8b\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d841938 elementor-widget elementor-widget-image\" data-id=\"d841938\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"114\" height=\"97\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p20-1.svg\" class=\"attachment-full size-full wp-image-107\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ceb18f elementor-widget elementor-widget-counter\" data-id=\"5ceb18f\" data-element_type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t<div class=\"elementor-counter-title\">Occupancy<\/div>\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"98\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\">%<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-63994c4 e-con-full e-flex e-con e-child\" data-id=\"63994c4\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3ca5e88 elementor-widget elementor-widget-image\" data-id=\"3ca5e88\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"97\" height=\"97\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p20-2.svg\" class=\"attachment-full size-full wp-image-85\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aeb04de elementor-widget elementor-widget-counter\" data-id=\"aeb04de\" data-element_type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t<h2 class=\"elementor-counter-title\">Floor space available for rental<\/h2>\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"53641\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\">m\u00b2<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-31aafc7 e-con-full e-flex e-con e-child\" data-id=\"31aafc7\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7ba9c3d elementor-widget elementor-widget-image\" data-id=\"7ba9c3d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"114\" height=\"97\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p20-3.svg\" class=\"attachment-full size-full wp-image-86\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4aae8e0 elementor-widget elementor-widget-counter\" data-id=\"4aae8e0\" data-element_type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t<h2 class=\"elementor-counter-title\">Weighted average lease expiry (WALE)<\/h2>\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"6.15\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\">years<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1ab301a e-flex e-con-boxed e-con e-child\" data-id=\"1ab301a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-5d1ae73 e-con-full e-flex e-con e-child\" data-id=\"5d1ae73\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-540ca82 elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-image\" data-id=\"540ca82\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"239\" height=\"213\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p20-4.svg\" class=\"attachment-full size-full wp-image-89\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6dc0833 elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-image\" data-id=\"6dc0833\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"206\" height=\"208\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p20-5.svg\" class=\"attachment-full size-full wp-image-90\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-98b086c e-con-full e-flex e-con e-child\" data-id=\"98b086c\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-974f83c e-con-full e-flex e-con e-child\" data-id=\"974f83c\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2bda75e elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-image\" data-id=\"2bda75e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"230\" height=\"210\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p20-6.svg\" class=\"attachment-full size-full wp-image-91\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d280c6 elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-image\" data-id=\"2d280c6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"203\" height=\"207\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p20-7.svg\" class=\"attachment-full size-full wp-image-94\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a58f853 e-flex e-con-boxed e-con e-parent\" data-id=\"a58f853\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-d27bca8 e-flex e-con-boxed e-con e-child\" data-id=\"d27bca8\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1319eba elementor-widget elementor-widget-heading\" data-id=\"1319eba\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">HIGHLIGHTS<\/h2>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8461dba e-con-full e-flex e-con e-child\" data-id=\"8461dba\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-deaf718 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"deaf718\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Financial Highlights (Rs)<\/h2>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b943c0b e-con-full e-flex e-con e-child\" data-id=\"b943c0b\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-71a8775 e-con-full e-flex e-con e-child\" data-id=\"71a8775\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b7f309f elementor-widget elementor-widget-image\" data-id=\"b7f309f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"84\" height=\"172\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p21-1.svg\" class=\"attachment-full size-full wp-image-106\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6df2359 elementor-widget-tablet__width-initial elementor-widget elementor-widget-heading\" data-id=\"6df2359\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Operating profit<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e46e382 elementor-widget elementor-widget-heading\" data-id=\"e46e382\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">excluding sale of Land<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-50a96d1 e-con-full e-flex e-con e-child\" data-id=\"50a96d1\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-16cd71a elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"16cd71a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"85\" height=\"128\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p21-3.svg\" class=\"attachment-full size-full wp-image-118\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2bd4f20 elementor-widget elementor-widget-heading\" data-id=\"2bd4f20\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Earnings\nper share<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-787cb9c e-con-full e-flex e-con e-child\" data-id=\"787cb9c\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bb6ad99 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"bb6ad99\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"85\" height=\"139\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p21-2.svg\" class=\"attachment-full size-full wp-image-117\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d981fd elementor-widget elementor-widget-heading\" data-id=\"3d981fd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Profit Before Tax\n(PBT)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd68618 elementor-widget elementor-widget-heading\" data-id=\"cd68618\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">less other gains and\nlosses<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9e0a7a3 e-con-full e-flex e-con e-child\" data-id=\"9e0a7a3\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-49c4c8d elementor-widget-mobile__width-initial elementor-widget elementor-widget-image\" data-id=\"49c4c8d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"83\" height=\"115\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p21-5.svg\" class=\"attachment-full size-full wp-image-120\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ecfd751 elementor-widget elementor-widget-heading\" data-id=\"ecfd751\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Net assets<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-753e546 e-con-full e-flex e-con e-child\" data-id=\"753e546\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-112b983 elementor-widget elementor-widget-image\" data-id=\"112b983\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"84\" height=\"140\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p21-4.svg\" class=\"attachment-full size-full wp-image-119\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-47757e3 elementor-widget-mobile__width-initial elementor-widget elementor-widget-heading\" data-id=\"47757e3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Dividend per\nshare<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e30b37e e-con-full e-flex e-con e-child\" data-id=\"e30b37e\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-26e738d elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"26e738d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Non-financial highlights<\/h2>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-54c6ebf e-flex e-con-boxed e-con e-child\" data-id=\"54c6ebf\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-25ffcc7 e-con-full e-flex e-con e-child\" data-id=\"25ffcc7\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-514308e elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget-tablet__width-initial elementor-widget elementor-widget-image\" data-id=\"514308e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"56\" height=\"32\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p21-6.svg\" class=\"attachment-full size-full wp-image-136\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2cb9446 e-con-full e-flex e-con e-child\" data-id=\"2cb9446\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-64e8afb elementor-widget elementor-widget-counter\" data-id=\"64e8afb\" data-element_type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t<div class=\"elementor-counter-title\">Employees<\/div>\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"49\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2ce0e9b e-con-full e-flex e-con e-child\" data-id=\"2ce0e9b\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-10f541b elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget-tablet__width-initial elementor-widget elementor-widget-image\" data-id=\"10f541b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"33\" height=\"38\" src=\"https:\/\/lavastone.mu\/annual-report-2025\/wp-content\/uploads\/2025\/12\/p21-7.svg\" class=\"attachment-full size-full wp-image-138\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e58645c e-con-full e-flex e-con e-child\" data-id=\"e58645c\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6f36c24 elementor-widget elementor-widget-counter\" data-id=\"6f36c24\" data-element_type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t<div class=\"elementor-counter-title\">Shareholders<br>as at 30 September 2025<\/div>\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"3060\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7362ca1 e-con-full e-flex e-con e-child\" data-id=\"7362ca1\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-0687f5f e-con-full e-flex e-con e-child\" data-id=\"0687f5f\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-18a05c9 e-con-full e-flex e-con e-child\" data-id=\"18a05c9\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1cbae81 e-con-full e-flex e-con e-child\" data-id=\"1cbae81\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d9e2b9b elementor-widget elementor-widget-text-editor\" data-id=\"d9e2b9b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Office space | <strong>22,230m\u00b2<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3916b49 e-con-full e-flex e-con e-child\" data-id=\"3916b49\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-523c592 e-con-full e-flex e-con e-child\" data-id=\"523c592\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2935b88 e-con-full e-flex e-con e-child\" data-id=\"2935b88\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-020daef elementor-widget elementor-widget-text-editor\" data-id=\"020daef\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Industrial space | <strong>15,069m\u00b2<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-23878ce e-con-full e-flex e-con e-child\" data-id=\"23878ce\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-e006812 e-con-full e-flex e-con e-child\" data-id=\"e006812\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d8c04c3 e-con-full e-flex e-con e-child\" data-id=\"d8c04c3\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bb6e430 elementor-widget elementor-widget-text-editor\" data-id=\"bb6e430\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Office space | <strong>4,798m\u00b2<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-de86f35 e-con-full e-flex e-con e-child\" data-id=\"de86f35\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-c8adadb e-con-full e-flex e-con e-child\" data-id=\"c8adadb\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-91b1330 e-con-full e-flex e-con e-child\" data-id=\"91b1330\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a57ce7f e-con-full e-flex e-con e-child\" data-id=\"a57ce7f\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f482998 elementor-widget elementor-widget-text-editor\" data-id=\"f482998\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Hotel | <strong>11,544m\u00b2<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f77b5da e-con-full e-flex e-con e-child\" data-id=\"f77b5da\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-ae3aed5 e-con-full e-flex e-con e-child\" data-id=\"ae3aed5\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2417c4f e-con-full e-flex e-con e-child\" data-id=\"2417c4f\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-53074bb elementor-widget elementor-widget-text-editor\" data-id=\"53074bb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Arpents of bare land | <strong>1,374A<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ef85973 e-con-full e-flex e-con e-child\" data-id=\"ef85973\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-fc7f0a8 e-con-full e-flex e-con e-child\" data-id=\"fc7f0a8\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1c84c21 e-con-full e-flex e-con e-child\" data-id=\"1c84c21\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-069847c elementor-widget elementor-widget-text-editor\" data-id=\"069847c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Projects under<br \/>development (GLA) | <strong>9,210m\u00b2<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>ABOUT LAVASTONE OUR FOUNDATIONS SHAPE TOMORROW ABOUT LAVASTONE OUR FOUNDATIONS SHAPE TOMORROW Our Mission, Vision and Values Our Milestones Board of Directors Our Activities Our Mission, Vision and Values Our Milestones Board of Directors Our Activities Our Mission Partnering with our stakeholders to deliver superior value in design, quality, sustainability and services. Our Vision To [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-53","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/lavastone.mu\/annual-report-2025\/wp-json\/wp\/v2\/pages\/53","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lavastone.mu\/annual-report-2025\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lavastone.mu\/annual-report-2025\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lavastone.mu\/annual-report-2025\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lavastone.mu\/annual-report-2025\/wp-json\/wp\/v2\/comments?post=53"}],"version-history":[{"count":307,"href":"https:\/\/lavastone.mu\/annual-report-2025\/wp-json\/wp\/v2\/pages\/53\/revisions"}],"predecessor-version":[{"id":2407,"href":"https:\/\/lavastone.mu\/annual-report-2025\/wp-json\/wp\/v2\/pages\/53\/revisions\/2407"}],"wp:attachment":[{"href":"https:\/\/lavastone.mu\/annual-report-2025\/wp-json\/wp\/v2\/media?parent=53"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}