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Minaean SP Construction Corp. Announces Change of Director

Vancouver, BC – Monday, December 4, 2017 – Minaean SP Construction Corp. (TSXV – MSP) (the “Company” or “Minaean”) announces the appointment of Mr. Subramanya Iyer Kuppuswamy as a Director of the Company. Mr. Kuppuswamy is presently serving as an Advisor – Group Finance & Special Projects and Director in various Companies of Shapoorji Pallonji Group, besides heading the Group’s Africa Business Centre (“ABC”).

Under the leadership of Mr. Kuppuswamy, ABC has been credited with the success of Shapoorji Pallonji Group being awarded with contracts exceeding One Billion US Dollars over the last three years in African countries ranging from railway contract in Ghana to traffic management of Lusaka City, Zambia. Mr. Kuppuswamy has laid out aggressive targets in developing new contracts for his teams in Africa, Latin America, Cambodia, Laos, Myanmar and Vietnam (the CLMV countries) in the coming years in which Minaean will play a major role as a Canadian affiliate of the group.  

The Company also announces that it has accepted the resignation of Mr. Jai Mavani as director of the Company.   The Company extends its gratitude and wishes to thank Mr. Mavani for serving as a Director for the last two years.

About the Company

Minaean SP Construction Corp. is a company well known for its pioneering efforts in the manufacture of light gauge steel components for the construction industry and modular metal buildings in India. The strong, affordable, ecologically sustainable structures present a promising solution to the mass housing shortages in developing countries in addition to a range of conventional applications. The company is an affiliate of well-known construction conglomerate “Shapoorji Pallonji Group” from India.

The shares of Minaean SP Construction Corp. (parent company) are publicly traded on the TSX Venture Exchange under the symbol “MSP” and on the Berlin and Frankfurt Stock Exchanges under the symbol “NJA”. For more information, please visit www.minaean.com.

On behalf of the Board of Directors

MINAEAN SP CONSTRUCTION CORP.

“Mervyn Pinto”

President & Director

Neither TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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