Geo Energy appoints new CFO

Tuesday, October 4 2016 - 01:21 AM WIB

By Romel S. Gurky

SGX-listed Geo Energy Resources Limited said it has named Chan Cheng Fei as its new Chief Financial Officer, replacing Tan Cheang Shiong who resigned on August 15.

The company said in a statement Monday that upon his appointment as the CFO of the company, Chan shall be responsible for the group's financial and accounting matter and its compliance with financial reporting and regulatory requirements.

Geo Energy is an established and experienced coal mining group operating out of Indonesia. Geo Energy Group currently owns PT Bumi Enggang Khatulistiwa (BEK), the Mining Business License (IUP) owner of a 4,570 hectare coal mining concession area in Kutai Barat, East Kalimantan, and subsidiary companies that are responsible for mining, as well as heavy equipment and machinery procurement and rental.

Editing by Reiner Simanjuntak

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