Exploration & Production | People

Sunshine Appoints New Executive Director

Share Print Bookmark    |    Sunday,July 13,2014

The board of directors of Sunshine Oilsands Ltd. has announced that Mr. Hu Jin, alias Jimmy Hu, has been appointed as an executive director of the Corporation with effect from 14 July 2014.

Mr. Hu will have executive responsibility as Senior Vice President, Corporate Strategies. As announced on 27 June 2014, Mr. Hu had originally been appointed as a non-executive director of the Corporation with effect from 27 June 2014.

There is no service contract between the Corporation and Mr. Hu and he has not been appointed for a specific term and he is currently not entitled to receive any director's emolument (such emolument is subject to revision by the compensation committee of the Corporation). In accordance with the Corporation's articles of incorporation and by-laws, Mr. Hu shall hold office as a director subject to re-election at the next annual general meeting of the Corporation.

Save as disclosed above, as at the date of this announcement, Mr. Hu has not held any directorships in other listed public companies in the last three years and does not hold any other positions in the Corporation nor in any other subsidiaries of the Corporation. Mr. Hu does not have any relationship with any directors, supervisors, senior management, substantial or controlling shareholders of the Corporation, nor does he have any interests in the securities of the Corporation within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).