ADD 16.7% 0.3¢ adavale resources limited

good start, page-19

  1. 2,345 Posts.
    Heres something I found which should get us into the game ,

    It is with pleasure that the Board announces that Mr Albert Cheok and Mr Saharto Sahardjo have been appointed Non-Executive Directors.
    Mr Cheok is a Fellow of the Australian Institute of Certified Public Accountants and is a banker with over 30 years' experience in banking in the Asia-Pacific region. Mr Cheok currently is the Chairman of Bowsprit Capital Corporation Limited, the Manager of First Real Estate Investment Trust, a healthcare REIT, and the Chairman of LMIRT Management Ltd, the Manager of Lippo Malls Indonesia Retail Trust, a retail mall REIT. Both the REITS are listed in Singapore. Mr Cheok is the Deputy Chairman of Metal Reclaimation, a leading lead refinery in Malaysia.

    Mr Cheok is a Senior Adviser to a number of businesses and industrial groups in SE Asia. He is the Vice Governor on the Board of Governors of the Malaysian Institute of Corporate Governance; a private/public sector initiative established to promote good corporate governance practices in Malaysia. Mr Cheok will bring an extensive breadth and depth of experience and wisdom to the Company given his work experience across a diverse range of industries. The Board looks forward in particular to tap into his knowledge and experience in banking and business in Hong Kong, Singapore and Indonesia. Importantly, Mr Cheok will be an excellent bridge between Adavale's Australian and Indonesian operations.
    Mr Saharto is an Indonesian Professional Business Law Advisor with over 25 years' experience in the management of companies. He has a Law Degree Major in Private International Law and is a Notarial
    Address: Colonial Centre, Level 33, 52 Martin Place, Sydney, NSW 2000
    Website: www.adavaleresources.com.au

    Specialist. He also has a Master of Business Administration. Mr Saharto worked for PT Tambang Timah, Tin Mining in Indonesia as Legal Staff (1982-1985), and PT Latinusa (1985-1998), the only tin plate industry in Indonesia, as Manager, and thereafter as Company Secretary before becoming the Commercial Director. He has assisted the President Director of PT Krakatau Steel and was a Team Member of Good Corporate Governance of PT Krakatau Steel (Counterpart of Price Water House Cooper's Team) (1998- 2001).
    He is the Commissioner and Chairman of the Audit Committee of PT Polytama Propindo, the second largest polypropylene producer in Indonesia. He is also the Vice Chairman of Indonesia AOTS Alumni Association (HAAI). He was also recently appointed as the Commissioner of PT Adavale Harner Resources, a subsidiary of the Company. Mr Saharto will be in charge of compliance and good corporate governance practices of the Company.
    FOR AND ON BEHALF OF ADAVALE RESOURCES LIMITED
    HARYONO EDDYARTO
    CHAIRMAN
 
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