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Posts Tagged ‘Executive Chairman’

R H Energy wins $10.1m contract from Inner Mongolia West Gas Corp.

Mainboard-listed R H Energy says it has been awarded with a US$7.9 million ($10.1 million) contract to provide emergency shutdown valve system to be installed along the 492 km gas pipeline from Changqing gas field to Hohhot, Inner Mongolia.

Wang Hairong, Executive Chairman and founder of the group, says, “We are very privileged to work with our customer, Inner Mongolia West Gas Corporation, on this project which is scheduled to be completed and delivered in the second half of 2011. The repeat order is another endorsement of our track record as a premier service provider in the oil and gas industry in the PRC. Including this latest award, we had been awarded a total of US$16.4 million orders by Inner Mongolia West Gas Corporation.”

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KLW Holdings wins $1.3m order for Waterfront Key

Catalist-traded KLW Holdings, the manufacturer in environmental-friendly doors, has secured a new order worth $1.3 million for Waterfront Key, the condominium housing development at Bedok Reservoir Road.

Waterfront Key comprises eight blocks of 15-storey residential flats with a total of 437 units. The contract is expected to be completed by September 2012.

“This is the second order secured by the group for Singapore’s project market and we will continue to source for such quality projects to add to its order book.” says Lee Boon Teck, Executive Chairman of KLW.

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Communication Design – Corporate moves

Ling Yew Kong has resigned as non-executive chairman wef Oct 8
Reason for cessation: Retired at AGM due to work commitments in the coming year and may not be able to devote sufficient time in discharging his responsibilities as a director of the company.

JLJ Holdings appoints consultant to help review and develop strategic options

JLJ Holdings says the company has appointed Michigan Consulting as its financial advisor to assist in the review and develop strategic options to enhance shareholder’s value as well as to explore various fund raising options.

Meanwhile, JLJ says a steering committee comprising of Foo Say Tun (Non-Executive Chairman), Pao Kiew Tee (Independent Director), Randolph Khoo Boo Teck (Independent Director) and Tan Soon Liang (Non-Executive Director), has been formed to deal with matters that arose and may arise in relation to the Apple Inc indictment and civil complaint against one of its former employees, Paul Shin Devine, in the United States.

The company’s wholly-owned subsidiary, Jin Li Mould Manufacturing was mentioned in the civil complaint by Apple Inc.

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ECS appoints former CEO Tay Eng Hoe as Non-Executive Chairman

Mainboard-listed ECS Holdings that Tay Eng Hoe, a founding director, has been appointed Non-Executive Chairman effective today, replacing David Li Jia Lin, who is stepping down for personal reasons.

Tay, a former CEO of the Singapore-based regional Info-Comm Technology (ICT) solutions provider representing global brand names, will relinquish his current position as Executive Director and Vice-Chairman of the ECS Board to assume the new role.

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Singapore Shipping Corporation buys car truck carrier

Singapore Shipping Corporation today announced the purchase of a pure car truck carrier, the MV Boheme from the Wallenius Group.

Ow Chio Kiat, SSC’s Executive Chairman, says: “The MV Boheme, which ranks amongst the most modern and largest vessels in the global fleet of car-carriers, will be a good replacement for the much older and smaller car carrier that the group disposed of in December 2009.

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Yong Xin chairman Pu killed by attacker

Yong Xin International Holdings, the high precision steel strips manufacturer in China, says the group’s Executive Chairman and Chief Executive Officer, Pu Dexing, died on March 4 after being attacked in his office and succumbing to his injuries. The attacker has been arrested by the Chinese police and the case is currently under investigation.

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China Taisan Technology goes on New York road show to promote ADR issue

China Taisan Technology Group Holdings, the producer of knitted performance fabrics used in sports and leisure wear, says the response from US investors was largely positive at its a road show in New York city from Jan 25–29 to promote its upcoming American Depositary Receipt (ADR) issue.

The company’s Non-Executive Chairman, Choi Cheung Kong, Chief Executive Officer Lin Wen Chang, and Chief Financial Officer Patrick Kan, was at hand to share the company’s business fundamentals and growth prospects with US investors.

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Mirach Energy places 73.5 new shares with individuals to raise $7.17m

Mirach Energy says it has entered into separate subscription agreements with three individuals for the placement of 73.5 million new shares to raise a total of $7,577,850.

Zhang Deda has agreed to subscribe to 31.5 million shares, Cao Hai Xia to 30 million and Qin Feng to 12 million placement shares at an issue price of 10.31 cents each.

Zhang is a controlling shareholder of Deda Group, a Chinese corporation which invests in the property development and minerals industries. Cao and Qin are Chinese investors who focus their investments in the energy industry. The subscribers were identified through business meetings and subsequent negotiations with William Chan Shut Li, the Executive Chairman and Chief Executive Officer of the Mirach Energy.