Assore Ltd. announced that Mr. Sydney Mhlarhi has been appointed as an independent non-executive director on the company's Board with effect from October 15, 2012. He will also serve on the Group's Audit and Risk Committee. Mr. Mhlarhi, who is a Chartered Accountant, is co-founder and an executive director of investment group, Tamela Holdings Proprietary Limited and a non-executive director of Pretoria Portland Cement Limited.

Previously, he was a director and co-head of the Acquisition Finance Group at Standard Bank and a member of The Takeover Regulation Panel (formerly The Securities Regulation Panel).