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Asiasec Properties Limited — Board/Management Information 2013
May 24, 2013
49086_rns_2013-05-24_737a330b-e8a0-4ab6-8f15-fcddab546925.pdf
Board/Management Information
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
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LIPPO LIMITED LIPPO CHINA RESOURCES LIMITED 力寶有限公司 力寶華潤有限公司
(Incorporated in Hong Kong with limited liability) (Incorporated in Hong Kong with limited liability) (Stock code: 226) (Stock code: 156)
OVERSEAS REGULATORY ANNOUNCEMENT
This announcement is made pursuant to Rule 13.10(B) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
The attached document has been released by Asia Now Resources Corp. (“Asia Now”) on SEDAR at www.sedar.com. Asia Now, in which Lippo China Resources Limited (“LCR”) (a subsidiary of Lippo Limited (“Lippo”)) is interested in approximately 49.9 per cent. of its issued share capital, is a company listed on TSX Venture Exchange of Canada.
Hong Kong, 24th May, 2013
As at the date of this announcement, the board composition of each of Lippo and LCR is as follows:
Lippo
LCR
Executive Directors: Executive Directors: Mr. Stephen Riady (Chairman) Mr. Stephen Riady (Chairman) Mr. John Luen Wai Lee (Managing Mr. John Luen Wai Lee Director and Chief Executive Officer) (Chief Executive Officer) Mr. Jark Pui Lee
Non-executive Director: Non-executive Director: Mr. Leon Nim Leung Chan Mr. Leon Nim Leung Chan Independent Non-executive Directors: Independent Non-executive Directors: Mr. Edwin Neo Mr. Edwin Neo Mr. King Fai Tsui Mr. King Fai Tsui Mr. Victor Ha Kuk Yung Mr. Victor Ha Kuk Yung
401 Bay Street, Suite 2702 Toronto, Ontario M5H 2Y4 Canada Telephone: (416) 364-7281 E-mail: [email protected]
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Asia Now Resources Corp. Announces Changes to Board of Directors
May 23, 2013 - Asia Now Resources Corp. (TSX-V: NOW) (“ ANR ” or the “ Company ”) is pleased to announce the appointment of Dr. Wenjin Yang to the board of directors of the Company.
Dr. Wenjin Yang is Chief Financial Officer and Director of Yunnan Dong Xin Mineral Exploration Company Limited and Yunnan Now Mineral Exploration Company Limited, being Asia Now’s two joint venture companies in China, since March 2011. He also has responsibility for setting up the budget control system and management information system for a number of Lippo Group’s subsidiaries in China from September 2008 to present. He was previously an Executive Vice President of Putian University, China, supporting the establishment of a number of disciplines including engineering school, management school and medical school, from 2003 to 2008. As a Senior Professor, Dr. Wenjin Yang also delivered various courses including “Budget Controls on Management of Medium-Small Businesses” and “Mineral Resource and Environmental Geochemistry”. Dr. Wenjin Yang received a Ph.D. in mineral resources from University of Quebec, Canada and was a research fellow there. He received his Bachelor Degree in geochemistry at Beijing University and Master Degree in mineral resources at the Chinese Academy of Sciences, both located in the People’s Republic of China. At the upcoming annual and special meeting of shareholders of the Company on June 26, 2013, Dr. Wenjin Yang will be a nominee of China Gold Pte. Ltd, the Company’s largest shareholder.
Dr. Wenjin Yang’s appointment fills a vacancy on the board of directors of the Company, following Dr. Kaihui Yang’s resignation as a director which the Company announces took place on May 21, 2013. The board wishes to thank Dr. Kaihui Yang for his contribution to the Company and wishes him well in his future endeavours.
About Asia Now Resources:
Asia Now Resources Corp. is a mineral exploration company active in China since 2002. The Company has established offices, joint ventures and a significant network with Chinese partners. Current projects include lead, copper, gold and silver at two major projects, Beiya and Habo, both in China. ANR currently holds an indirect 72% interest in the Beiya North Property with the option of increasing such indirect interest to 90%. The Beiya North Property consists of a joint venture with Yunnan Non-Ferrous Resources Group Company Limited. ANR is currently earning a 54% indirect interest in the Habo South Property (with the possibility increasing such indirect interest to 70%) in a second joint venture with Yunnan Gold Mining Group Corporation Limited. The Beiya
North Property and the Habo South Property are the two key projects that ANR is exploring in China. For more information, please visit www.asianow.ca.
For further information contact:
Harold Roy Shipes, President & Chief Executive Officer 1 (520) 490-8100 Asia Now Resources Corp. www.asianow.ca [email protected]
Neither the 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 .
This news release contains certain forward-looking statements. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential", “may” and other similar expressions. These statements reflect our current belief and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause ANR’s actual results, performance or achievements to differ materially from those expressed in or implied by such statements. We undertake no obligation to update or advise in the event of any change, addition or alteration to the information contained in this news release including such forward-looking statements, unless otherwise required under applicable law.
ASIA NOW RESOURCES CORP.
401 Bay Street, Suite 2702 Toronto, Ontario M5H 2Y4 Canada Telephone: (416) 364-7281 E-mail: [email protected]