HONG KONG, Jan. 28, 2011 /PRNewswire-Asia/ -- Merdeka Resources Holdings Limited (HKEx: 8163, the "Company" or "Merdeka") announced that Mr. Yeh Shuen Ji, Mr. Bai Baohua and Mr. Wong Shui Lung have been appointed directors of the Company with effect from 27 January 2011.
Mr. Yeh Shuen Ji was appointed as a non-executive director and chairman of the Company. He has over 32 years of experience in finance and corporate development, and was previously the General Manager (Hong Kong Branch) of CITIC International Investment Company, and chairman of Guo Ye Holdings Company Limited. Before joining the Company, Mr. Yeh was also an executive director of SEEC Media Group, securities of which are listed on The Stock Exchange of Hong Kong Limited. Mr. Yeh has extensive knowledge and experience in investment consultancy in electronic communications and property in the PRC.
The Company also appointed Mr. Bai Baohua as a non-executive director. Mr. Bai has nearly 44 years of experience in metallurgy and previously held position of general manager of China Metallurgical Products' Import & Export Company, and general manager of China International Steel Investment Company. Mr. Bai has solid experience in trading and investment.
Meanwhile, the Company also appointed Mr. Wong Shui Lung as an executive director. Being a graduate from the mechanical and Electrical Engineering Faculty of the Qinghua University of the PRC, Mr. Wong has over 10 years of experience in international gold trading, and has held major positions in Jinyu Zhongjin Gold (H.K.) Company Limited and Beijing Hua Min Chang Qing Technology Development Limited.
Commenting on the new appointment, Mr. Louis Ma, CEO of the Company, said "the board of directors is delighted to have the reputed new directors on board. With their abundant experience, solid knowledge and extensive networks, I am sure they will bring much benefit to the Company."
About Merdeka Resources Holdings Limited
Merdeka Resources Holdings Limited is listed on the Growth Enterprise Market of the Stock Exchange of Hong Kong Limited (stock code: 8163). Merdeka is principally engaged in timber business and owes concessions with an aggregate area of 313,500 hectares of natural forests located in Papua, Indonesia. The Company is also engaged in plantation business, planting oil palms and processing fruits from oil palms into palm oil. Merdeka is also engaged in trading business.
