Central Omega appoints new director
Wednesday, June 15 2016 - 02:50 AM WIB
IDX-listed Central Omega Resources Tbk appointed on Tuesday at an extraordinary shareholders meeting Kurniadi Atmosasmito as a new Director in the company, assuming the roles of two directors who tendered resignation last month.
This was said by Central Omega Corporate Secretary Yohanes Supriady.
Kurniadi, 63, was finance director of state-owned railway firm PT Kereta Api Indonesia in 2011. Before that, he had a 25-year career at state-controlled mining firm PT Aneka Tambang Tbk, with last post as finance director in 2003-2008.
During the Tuesday meeting, the company also revised the use of its rights issue proceeds, to finance the development of nickel mines in North Morowali, Central Sulawesi, by subsidiary PT Mulia Pacific Resources.
Central Omega?s other subsidiary PT COR Industri, which is 40.5 percent owned by China?s Macrolink Group, has recently completed construction of a 100,000-ton per annum nickel pig iron smelter in North Morowali. The company is currently in the process of developing a second 100,000-ton per annum NPI smelter in the same area, and plans a third to have a combined capacity of 300,000 tons per year.
Editing by Reiner Simanjuntak