Changda International Holdings Inc. Appoints Craig Marshak as Independent Director
October 06 2009 - 11:59AM
Business Wire
Chandga International Holdings Inc. (OTCBB:CIHI), the
China-based specialty chemicals manufacturer announces that
effective October 1, 2009, its Board of Directors appointed Craig
Marshak as an independent director and audit committee chairman of
the Company.
This nomination will help CIHI meet the requirements of an
independent Board and thus help in furthering implementation of the
goal of upgrading the company’s listing to a higher Exchange.
Mr. Marshak who has served Head of Investment Banking and
Partner for Trafalgar Capital Advisors, and the Trafalgar Capital
Specialized Investment Fund, registered in Luxembourg since its
launch in January 2007 has extensive experience in the area of
corporate finance and is familiar with China. Mr. Marshak advised
on the $45 million capital raising for Wits Basins acquisition of
the Xiaonanshan Iron Ore Project in the Anhui Province in Eastern
China.
Mr. Marshak graduated with a bachelors degree, summa cum laude,
in Economics and Political Science from Duke University, Durham,
North Carolina, and during that time received a one year Roger Alan
Opel Scholarship to attend the London School of Economics. He also
received a J.D. degree from the Harvard Law School.
Forward-Looking Statements:
Safe Harbor statement under the Private Securities Litigation
Reform Act of 1995: Except for historical information contained
herein, the matters discussed in this press release are
forward-looking statements that involve risks and uncertainties,
including but not limited to economic, competitive, governmental
and technological factors effecting the Company's operations,
markets, products and prices and other factors discussed in the
Company's various filings with the Securities and Exchange
Commission.
Company Website: http://www.changdaint.com/english/index.php