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Past ASX Release
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28 May 2009 DIRECTOR APPOINTMENT Advanced Engine Components Limited ("ACE" or "the Company") is pleased to announce the appointment of Mr Ming Fai (Arnold) Chan as a non-executive Director of the Company effective today. Mr Chan has significant international investment experience. Mr Chan is the President of Dandelion Capital Group ("Dandelion") a Hong Kong based private financial advisory company with offices in Beijing, Shanghai and Guangzhou. Dandelion focuses on special situation investment opportunities in China. Mr Chan has over twenty years experience in investment advisory and asset management. Mr Chan established Dandelion, in 2006, and co-founded the KGI Group, a pan–Asian investment bank, in 1997. He has also worked with HSBC and Jardine Fleming, based in Hong Kong, with responsibilities throughout Asia. Mr Chan has a Bachelor of Social Sciences from the University of Hong Kong with a major in Economics. Mr Chan is a non executive Director of China LotSynergy Holdings Limited a company listed on the Hong Kong stock exchange The Company also advise that Mr Thomas Liu has resigned as Director of ACE effective today due to increased work commitments. Mr Liu has been a member of the Board since 7 August 2003 and the Company takes this opportunity to thank him for his significant contribution during that time.
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