Polyard Petroleum International Group Limited Announces Board Changes
July 18, 2012 at 12:28 am
Polyard Petroleum International Group Limited announced that Cao Xuejun has tendered his resignation as executive director of the company which will become effective from 25 July 2012 as Cao wants to retire for the age and health reasons. Cao has confirmed that he has no disagreement with the Board and that there are no matters relating to his resignation which need to be brought to the attention of the shareholders of the company. The Board announced that Lai Chun Liang, an executive director, has been appointed as a member of Remuneration Committee of the company, and Mr. Lin Zhang, an executive director, has been appointed as a member of Nomination Committee of the company with effect from 25 July 2012.