GUANGZHOU, China, Feb. 10, 2014 /PRNewswire/ -- Sino Agro
Food, Inc. (OTC BB: SIAF.OB) is an integrated, diversified
agriculture technology and organic food company ("the Company")
with principal operations in the People's
Republic of China.
The Company is pleased to announce that it has added two new
independent members to its Board of Directors: Mr. Daniel Ritchey and Mr. Lim Chang (Anthony) Soh.
Mr. Ritchey is currently a partner in three companies: DC
Capital LLC, 3-D Oil and Gas LLC, and 3-D Ranch LLC, a 2,200 head
of cattle/1,500 head pig farm for which Mr. Ritchey serves as
Finance Director. Mr. Ritchey held previous positions as investment
analyst and advisor for venture capital firms. He holds an MBA in
Finance from Ohio State University.
Mr. Soh is a partner in the law firm, Edwin Lim Suren & Soh, in Kuala Lumpur, Malaysia. Until October 31, 2013, Mr. Soh was Deputy Managing
Director of Pontian United Plantations Berhad, a Malaysian
plantation company in the business of cultivating oil palm on
39,000 acres of land on a group basis, and operating an oil mill.
Appointed Director in 2005, Mr. Soh served as Executive Director
from 2007 until promoted again in 2009. He holds an LL.B (Hons)
degree from University of Hull, England.
Mr. Ritchey and Mr. Soh join independent Board members
Nils-Erik Sandberg and Koi Ming (George) Yap. Four of the seven member
Board are now independent, satisfying the majority requirement for
the Company's application to list on Nasdaq's Capital Market
exchange.
CEO Solomon Lee commented, "We
are delighted that Anthony and Daniel accepted nominations to our
Board of Directors. Each new Director brings a wealth of talent,
experience, and broadened perspectives to our team."
About Sino Agro Food, Inc.
Sino Agro Food, Inc.
(http://www.sinoagrofood.com) is an agriculture technology and
natural food holding company with principal operations in
the People's Republic of China.
The Company acquires and maintains equity stakes in a cohesive
portfolio of companies that SIAF forms according to its core
mission to produce, distribute, market and sell natural,
sustainable protein food and produce, primarily seafood and cattle,
to the rapidly growing middle class in China. SIAF provides financial oversight and
strategic direction for each company, and for the interoperation
between companies. The Company owns or licenses patents,
proprietary methods, and other intellectual properties in its areas
of expertise. SIAF provides consulting and services to joint
venture partners to construct and operate food businesses,
primarily producing wholesale fish and cattle. Further joint
ventures market and distribute the wholesale products as part of an
overall "farm to table" concept and business strategy.
Follow company developments on our Facebook page:
www.facebook.com/SinoAgroFoodInc
Forward Looking Statements
This release may contain
forward-looking statements relating to the business of SIAF and its
subsidiary companies. All statements other than historical facts
are forward-looking statements, which can be identified by the use
of forward-looking terminology such as "believes," "expects" or
similar expressions. These statements involve risks and
uncertainties that may cause actual results to differ materially
from those anticipated, believed, estimated or expected. These
risks and uncertainties are described in detail in our filings with
the Securities and Exchange Commission. Forward-looking statements
are based on SIAF's current expectations and beliefs concerning
future developments and their potential effects on SIAF. There is
no assurance that future developments affecting SIAF will be those
anticipated by SIAF. SIAF undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required under applicable securities laws.
Not a Broker/Dealer or Financial Advisor
Sino Agro
Food, Inc. is not a Registered Broker/Dealer or a Financial
Advisor, nor does it hold itself out to be a Registered
Broker/Dealer or Financial Advisor. All material presented in this
press release, on the Company's website or other media is not to be
regarded as investment advice and is only for informative purposes.
Readers should verify all claims and conduct their own due
diligence before investing in Sino Agro Food, Inc.
Investing in small-cap, micro cap and penny stock securities is
speculative and carries a high degree of risk.
No Offer of Securities
None of the information
featured in this press release constitutes an offer or solicitation
to purchase or to sell any securities of Sino Agro Food, Inc.
SOURCE Sino Agro Food, Inc.