NEW BOARD APPOINTMENTS AT YORKCOR
Yorkcor Limited
ISIN: ZAE000008108
JSE Share code: YRK
Dr "Tienie" van Vuuren and Benjamin Trisk have joined the board of the York
Timber Corporation Limited (Yorkcor) as non-executive directors, effective on 01
September.
Making the announcement, Yorkcor chairman Solly Tucker said that the company was
strengthening its board to provide for leadership commensurate with the
opportunities that Yorkcor is poised to tackle. "I am pleased to announce that
these two figures of great stature and capability have accepted our invitation
to join the Yorkcor board," he said.
"Dr van Vuuren served with distinction on the Yorkcor board for ten years until
1992, when he became chief executive officer of Safcol. He led that parastatal
for ten years until his retirement on 31 August 2002. Formerly, director of the
Graduate School of Management at the University of Pretoria and a general
manager of the Hans Merensky group, he has served as a director of OTK Holdings
Limited (now Afgri) and other companies in key sectors.
"Benjamin Trisk has a record of outstanding accomplishment in corporate funding
and deal-making and became widely known in investing circles during his years at
Davis Borkum Hare Inc. He played an influential role in the Premier Milling
Group and did much to turn Exclusive Books into the thriving business it is
today. A board member of Mopani Copper PLC, in 2001 he was appointed to the
board of Petra Diamonds Limited, listed in London. Recently, he has developed a
bid for the Alexkor diamond mine and advised empowerment companies New Diamond
Corporation and New Platinum Corporation on substantial financing requirements.
"Apart from their role in widening the opportunities for Yorkcor and turning
them to good account, the new appointments to the board will bring commitment
and effectiveness to the promotion of important alliances, developing mergers
and acquisitions, raising capital, forming empowerment partnerships and
involvement in and with Yorkcor"s corporate governance," concluded Tucker.
Ends
ISSUED FOR : Yorkcor Limited
CONTACT : Solly Tucker 012 804 9730 / 083 456 9900
FAX NO : 012 804 8611
E-MAIL : solly@yorkcor.co.za
WEBSITE : www.yorkcor.co.za
ISSUED BY : TISH STEWART PR ASSOCIATES
CONTACT : Tish Stewart 011 325 4195 / 082 443 6399
FAX NO : 011 325 4199
E-MAIL : tish@tspr.co.za
DATE : 01 September 2003
Date: 01/09/2003 02:05:18 PM Supplied by www.sharenet.co.za
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