The board of directors of North Asia Resources Holdings Limited announced that the board has resolved to appoint Mr. Tse Michael Nam, currently a director of the company's subsidiaries, as an executive Director with effect from 1 September 2016. The board believes that the appointment of Mr. Tse to the board will assist the group to explore and develop new businesses and fund raising opportunities in future. Mr. Tse has over 29 years of experience in corporate management in the agriculture, manufacturing, mining and mergers & acquisitions sectors. From 2007 to 2009, He had formulated and participated in anti-desertification and bio-energy related projects in China, Laos and Cambodia. Mr. Tse also had held key positions in several companies listed on The Stock Exchange of Hong Kong Limited and he acted as executive director of Asia Coal Limited resigned in 2009; executive director of the company resigned in 2015; and vice chairman and managing director of Asia Aluminum Holdings Limited resigned in 2001.