Business
Polo Resources change in management
Polo Resources change in management.
About this update from Gcm Resources Plc
[{"type":"text","content":"\n \nRNS Number : 7073E GCM Resources PLC 14 May 2013 \n \n\n14 May 2013\n \nGCM Resources plc\n(the \"Company\" or \"GCM Resources\")\n(AIM:GCM)\n \nPolo Resources change in management\n \nGCM Resources plc (\"GCM\" or the \"Company\"), a London based resource exploration and development company, draws attention to the announcements on 14 May 2013 made by Polo Resources Limited (\"Polo\"), GCM's largest shareholder.\n \nAs stated in their announcements, Polo has undergone a major change in management. Mr Michael Vee Mun Tang (\"Michael Tang\") of Mettiz Capital Limited has joined Polo as Executive Co-Chairman along with Mr Kian Meng Cheah as Non-Executive Director. \n \nGerard Holden, Chairman stated: \n\"We look forward to working closely with the new management of Polo Resources. We very much appreciate Polo's continued commitment to GCM and the Phulbari Coal Project. The Phulbari Coal Project consists of a world class coal resource, the development of which can provide significant benefits to all stakeholders.\"\n \n \n \n \nFor further information:\n \n\n\n\n\nGCM Resources plc\nGerard Holden\nNon-Executive Chairman \n +44 (0) 20 7290 1630\n \n\n\nPelham Bell Pottinger\nLorna Spears / Joanna Boon\n+44 (0) 20 7861 3232 \n \n \n\n\n\n\nJ.P. Morgan Cazenove\nNominated Adviser\nMichael Wentworth-Stanley \n+44 (0) 20 7742 4000\n\n\nInvestec Investment Banking\nChris Sim\n+44 (0) 20 7071 4300\n \n\n\n\n\n \n \n\n\n\n\nGCM Resources plc\n\n\n\n\n\n\n\nTel: +44 (0) 20 7290 1630, Fax: +44 (0) 20 7290 1631\n\n\n\n\n\n\n\[email protected]; www.gcmplc.com\n\n\n\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCNKQDKPBKDOPD\n ","length":4638,"tagName":"div"}]