Bioxyne Limited announced that Mr. Nam Hoat Chua, will be appointed Chief Executive Officer of the company. Mr. Chua has over 33 years' experience in the direct selling industry and was the previous Vice President Asia Pacific for New Image Limited and successfully established direct sales offices in Malaysia, Indonesia, Vietnam, Thailand, Taiwan and the Philippines. The company also announced, on completion of the rights issue, Mr. Nam Hoat Chua will be appointed Managing Director of Bioxyne Limited.

Mr. Chua was Vice President of Asia Pacific for New Image Limited, a position he held successfully for over 10 years. Maxwell Parkin will be appointed as Non-executive Director. Mr. Parkin has over 35 years' experience of dairy management and consulting experience in New Zealand, Australia, China and South East Asia Pacific, the Americas, Africa and the Middle East.

Mr. Parkin's former dairy industry roles included Group General Manager, Manufacturing, Fonterra; Director International Manufacturing, Fonterra and CEO of Southland Dairy Cooperative Company Limited. He also served on the Board of the NZ Dairy Research Institute.