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Halcyon appoints Sinochem president as non-exec chairman

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Halcyon Agri Corporation has appointed Sinochem International Corporation president Liu Hongsheng as its new non-executive chairman, with effect from Jan 16.

MAINBOARD-LISTED Halcyon Agri Corporation has appointed Sinochem International Corporation president Liu Hongsheng as its new non-executive chairman, with effect from Jan 16.

It said, in a filing to the Singapore Exchange, that Sinochem International had proposed Mr Liu's appointment.

Sinochem International, a unit of Chinese oil and chemicals conglomerate Sinochem GroupCorp, and listed on the Shanghai Stock Exchange, bought a majority stake in Halcyon Agri recently.

Halcyon Agri's current non-executive chairman, Qin Hengde, has been reassigned within Sinochem International.

Halcyon Agri's shares finished on Wednesday 3 cents up at 66 cents apiece.

sentifi.com

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