2022

Abridged Unaudited Financial Statements of Gamma Civic Ltd

2022

Abridged Unaudited Financial Statements of Gamma Civic Ltd

2022

Abridged Unaudited Financial Statements of Gamma Civic Ltd

2021

Annual Report

2021

Abridged Audited Financial Statements of Gamma Civic Ltd

2021

Abridged Unaudited Financial Statement of Gamma Civic Ltd

2021

Abridged Unaudited Financial Statements of Gamma Civic Ltd

2021

Abridged Unaudited Financial Statements of Gamma Civic Ltd

2020

Annual Report

2020

Abridged Audited Financial Statements of Gamma Civic Ltd

At a glance

As of DECEMBER 2021
turnover
MUR

5,508M

TURNOVER

pat
MUR

360M

PROFIT AFTER TAX

ebitda_icon
MUR

417M

EBITDA

earnings-per-share-icon
MUR

2.26

EARNINGS PER SHARE

dividen-per-share-icon
MUR

1.81

DIVIDEND PER SHARE

share-price-icon
MUR

42.75

SHARE PRICE

net-gearing-ratio-icon

23%

NET GEARING RATIO

cost-of-debts-icon

3.58%

AVERAGE COST OF DEBTS

Employees

41 % 5 % 8 % 23 % 19 % 2 % 1525 Employees at 31 Dec 2020 Gamma construction Ltd Gamma Civic Ltd Hilton Mauritius Resort & Spa (Owned by Morning Light Co. Ltd) Gamma Materials Ltd Lottotech Ltd Kolos Cement Ltd

1525

Employees at 31 Dec 2020
41 %

Gamma Construction Ltd

5 %

Kolos Cement Ltd

8 %

Lottotech Ltd

23 %

Gamma Materials Ltd

19 %

Hilton Mauritius Resort & Spa
(Owned by Morning Light Co. Ltd)

2 %

Gamma Civic Ltd

6,068

Training Hours

45%

of staff were in our employment
for over 5 years

26%

of staff were in our employment
for over 10 years

For Our
Investors

  • Gamma Civic Ltd has developed from a small construction company in 1985 to become one of Mauritius' most important and diverse economic operators.
  • Our goal is to develop as a team and become a world-class group with a global presence.
  • Since our listing on the Stock Exchange of Mauritius Ltd, we have regularly been among the top ten best performing investment holding firms in Mauritius.
  • We follow a strong set of business values, including strong corporate governance ethics, that has allowed us to form successful strategic partnerships with top corporations like Holcim Ltd, Colas Group, and Hilton International.
  • We are committed to producing long-term, superior value and maximising shareholder wealth through our "Dare to Dream" attitude.
  • Gamma invites you to "Dare to Dream".

Group Structure


Dare to dream

Shareholders

Shareholders holding more than 5% as of 31st DEC 2020

No individuals or entities held more than 25% of Gamma Civic Ltd as of 31 December 2020

15.5 % Consolidated Holdings Ltd 14.49 % Fortier Capital Limited 14.36 % JHD Holdings Ltd 14.3 % Bluesilver Ltd 11.54 % Landcorp Capital Limited 6.94 % Cyril How Kin Sang 22.87 % Other shareholders holding less than 5%
15.5%

Consolidated Holdings Ltd

14.49%

Fortier Capital Limited

14.36%

JHD Holdings Ltd

14.3%

Bluesilver Ltd

11.54%

Landcorp Capital Limited

6.94%

Cyril How Kin Sang

22.87%

Other shareholders holding less than 5%

Corporate Governance

Since 1994, Gamma has been a public company listed on the Official Stock Exchange of Mauritius (SEM). The SEM's listing rule governs the company's shares. Gamma meets the definition of a public interest entity under the Financial Reporting Act of 2004.

Gamma is committed to the highest ethical and corporate governance standards. Governance, we feel, is a crucial source of value for our shareholders and stakeholders.

Our corporate governance is in accordance with the Mauritius Companies Act 2001, the Mauritius National Code of Governance, and all other applicable Mauritian laws and regulations.

The Gamma Charter

The Gamma charter encapsulates Gamma's leadership spirit and its "Dare to Dream" philosophy.
Our Charter's Core Values: 
 
1
20

Value rights

Ensure that Gamma Civic Ltd shareholders' rights are protected and that the company follows strong governance standards.

Effective oversight

Allow the Gamma Board of Directors to have effective oversight over the operation of its Group entities.

Respective roles and obligations

Define the roles and responsibilities of the Group's Board of Directors and senior executives in charge of the company's executive management.

Protocols and policies

Devise protocols and policies to ensure compliance and consistency within Gamma's overall policy and strategy framework.

Structure of the Board

3 3 Executive Directors Independent Non-Executive Directors 3 Non-Executive Directors 3 Independent Directors 6 Different Nationalities
3 Independent Directors
6 Different Nationalities
3

Executive Directors

3

Independent Non-Executive Directors

3

Non-Executive Directors

Board Sub-Committees

Audit & Risk Committee

The Audit and Risk Committee is charged with overseeing financial reporting and disclosure, as well as risk management policies and frameworks. The committee is essential to the company’s financial review process, including audits, compliance control and risk management.

Members

  • Paul Halpin (Chairman)
  • Boon Hui Chan
  • Maurice Lam Pak Ng
  • Jean Claude Lam Hung
Corporate Governance Committee

The Corporate Governance Committee is in charge of overseeing governance matters to ensure that the Board remains functional and follows best practices in corporate governance. The committee also plays a role in deciding on senior management salaries and board nominations.

Members

  • Maurice Lam Pak Ng (Chairman)
  • Boon Hui Chan
  • Tommy Ah Teck
  • Marie Claire Chong Ah Yan
  • Patrice Ah Teck

IR
Communications

Interim Dividend Announcement of Gamma Civic Ltd - 29July2022
Gamma Civic Ltd-Notice of Annual Meeting FY 2021 + Proxy Form + Postal Vote Form
Gamma Civic Ltd-Communique for Annual Meeting FY2021
Gamma Civic Ltd – Communique – Ludwin Group SAS – March 2022
Final Dividend Announcement of Gamma Civic Ltd – March 2022
The Notice of Annual Meeting dated 21 May 2021 + the Proxy Form
The Addendum of Notice of Annual Meeting
The Postal Vote Form
Interim Dividend Announcement of Gamma Civic Ltd – August 2021
Final Dividend Announcement of Gamma Civic Ltd – March 2021
Gamma Civic Ltd – Communique – New Executive Chairman – April 2020
Final Dividend Announcement of Gamma Civic Ltd - March 2020
Interim Dividend Announcement of Gamma Civic Ltd – August 2019
Gamma Civic Ltd – Notice of Annual Meeting 2019
Gamma Civic Ltd – Proxy Form 2019
Final Dividend Announcement of Gamma Civic Ltd - March 2019
Special Dividend Announcement of Gamma Civic Ltd – May 2018
Gamma Civic Ltd – Notice of Annual Meeting and Proxy for year 2018
Gamma Civic Ltd - Communique - Sales of 25% of shareholding of Kolos Cement Ltd - May 2018
Special Dividend Announcement of Gamma Civic Ltd - November 2017
Gamma Civic Ltd – Cautionary Announcement – Sales of HSBC Center – August 2017
Gamma Civic Ltd - Communiqué - New Management Team -August 2017
Interim Dividend Announcement of Gamma Civic Ltd – August 2017
Gamma Civic Ltd - Notice of Annual Meeting and proxy for year 2017
Final Dividend Announcement of Gamma Civic Ltd - March 2017
Gamma Civic Ltd - Communiqué Resignation of Group MD - 11 Nov 2016
Interim Dividend Announcement of Gamma Civic Ltd – August 2016
Final Dividend Announcement of Gamma Civic Ltd - March 2016
Gamma Communique 17 Dec 2015 Kolos Cement
Interim Dividend Announcement of Gamma Civic Ltd. - August 2015
Important Communiqué - New Investment Company Model of Gamma Civic Ltd. - June 2015
Final Dividend Announcement of Gamma-Civic Ltd. - March 2015
Interim Dividend Announcement of Gamma Civic Ltd. - August 2014

Latest Report

2022 Abridged Unaudited Financial Statements of Gamma Civic Ltd

Investor's Contact

Corporate Address

Gamma Civic Ltd
4th Floor, HSBC Centre
18 Bank Street,
Ebene Cybercity 72201,
Mauritius

Corporate Phone

(230) 403 8000

Corporate Fax

(230) 454 1592