|
January 22, 2010
Corporate Update
|
|
December 09, 2009
Ona Power Appoints Thomas Kennedy As Chief Financial Officer
|
|
September 02, 2009
Previously Granted Incentive Stock Options Cancelled
|
| July 23, 2009 Ona Power Appoints Abdul Nurmohamed As Director And Steven Kwok As Chief Financial Officer | |
| Vancouver, British Columbia, July 23, 2009: Ona Power Corp. (CNSX: OPO / Frankfurt: O3X) The Company is pleased to announce that Mr. Abdul Nurmohamed was appointed a Director and Mr. Steven Kwok was appointed as Chief Financial Officer effective immediately. Mr. Aziz is President and CEO of Sino Pharmaceuticals Corporation and SinoPharm Inc. In addition, he is the founder and Chairman of The Fazio Group of Companies. Mr. Nurmohamed's experience include direct and major contribution and responsibility to develop, build, own, and operate a US$2.5 Billion (first IPP in Indonesia) power station from inception to operation. He worked closely with shareholders, Lenders, Lender's Engineer, government ministries and PLN (state owned utility), restructured the same project due to the 1998 currency crisis in Indonesia. He was responsible for the management of O & M contractor as well as working closely with the client (PLN) on all operational matters. As Regional Director for Central Asia (Tajikistan, Afghanistan, Pakistan, Kyrgyzstan ) for the Aga Khan Fund for Economic Development, he directed and successfully completed the construction and rehabilitation of an integrated utility (Power Generation, Transmission and Distribution) in Tajikistan. This was the first Public Private Partnership project in Tajikistan. Mr. Nurmohamed directed initial development of 100 MW Sanobod hydro project in Tajikistan in close coordination with the World Bank and IFC. He brings diversified experience in project development, management, planning, design, construction, and operation of power stations and water projects in various countries. Mr. Nurmohamed will replace Mr. Emile Gauvreau, who has resigned as a Director of the Company due to time constraints imposed by his consulting mandates. Mr. Gauvreau will however continue to work with Ona on advisory basis for which we are grateful as we will still be able to benefit from his broad international experience. Mr. Kwok has over 9 years extensive experience dealing with public company reporting with Chinese operating subsidiaries. His work has previously required him to establish administration and accounting offices in Hong Kong and China, to co-ordinate financial, management and government reporting of foreign subsidiaries, reconciliation to Canadian, US, GAAP of foreign accounting principles and standards, as well as working with tax and foreign exchange regulations and other local requirements. Mr. Kwok will replace Mr. Morita who stepped down as Chief Financial Officer. The company would like to thank Mr. Morita for his service to the Company, and wish him well in his future endeavors. The company firmly believes that these important additions to its team will play key roles in the success of its YPPC power plant project in Hunan, China and further demonstrate its commitment to it despite the tremendous challenges imposed on starting a new operation in the current capital market environment. ON BEHALF OF THE BOARD OF DIRECTORS ONA Power Corp. (www.onapowercorp.com) is a Canadian-based international energy company focused on the acquisition and development of power generation and oil & gas projects. Except for historic information, the matters discussed in this document contain certain forward-looking statements. These statements involve known and unknown risks, delays, uncertainties and other factors not under the Corporation's control that may cause actual results, levels of activity, performance or achievements to be materially different from the results, levels of activity, performance, achievements or expectations expressed or implied by these forward-looking statements | |
You can view the Next News Releases item: Thu Jul 30, 2009, Ona Power Apoints Mahmoud Aziz, Lucky Janda And Thomas Kennedy Directors You can view the Previous News Releases item: Fri Jul 10, 2009, Letter Of Transmittal For Shareholders Of Ona Energy Inc. You can return to the main News Releases page, or press the Back button on your browser. |