Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. Brockman Mining Limited
  6. News
  7. Summary
    159   BMG1739E1084

BROCKMAN MINING LIMITED

(159)
Delayed Hong Kong Stock Exchange  -  04:08:08 2023-05-29 am EDT
0.1500 HKD   +3.45%
02/28Brockman Mining's Fiscal H1 Loss Widens
MT
02/27Brockman Mining Limited Reports Earnings Results for the Half Year Ended December 31, 2022
CI
2022Brockman Mining Limited Announces Retirement of Liu Zhengui as a Non-Executive Director and Cessation as Vice-Chairman
CI
SummaryQuotesChartsNewsCalendarCompanyFinancialsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Brockman Mining : ANNOUNCEMENT (1) PURSUANT TO RULE 13.09(1) AND RULE 13.51B(2) OF THE LISTING RULES AND (2) RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER

08/05/2014 | 09:26am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

BROCKMAN MINING LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 159) (ASX Stock Code:BCK) ANNOUNCEMENT (1) PURSUANT TO RULE 13.09(1) AND RULE 13.51B(2) OF THE LISTING RULES AND (2) RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER

This announcement is made by Brockman Mining Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09 and Rule 13.51B(2) of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").
The Company has been informed by Mr. Luk Kin Peter Joseph ("Mr. Luk") that on 5 August
2014, he was convicted of certain offences under the Prevention of Bribery Ordinance and the Crime Ordinance by the District Court of Hong Kong Special Administrative Region ("Hong Kong") under (Case No.DCCC851/2013) and was found guilty.
Mr. Luk has resigned from his offices of Executive Director and Chief Executive Officer of the
Company with effect from 5 August 2014 due to the said conviction.
The Board does not expect the conviction and resignation of Mr. Luk from the said offices of the
Company to have a material adverse impact on the Group's operations and financial conditions.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.


This announcement is made by the Company pursuant to Rules 13.09 and 13.51B(2) of the Listing
Rules.
- 1 -
Reference is made to the announcements of the Company dated 13 October 2011 and 12 September
2013.

UPDATE ON THE CHARGES

As previously disclosed, Mr. Luk, the Executive Director and Chief Executive Officer of the Company, was charged by the Independent Commission Against Corruption in Hong Kong in relation to certain offences under the Prevention of Bribery Ordinance and the Crime Ordinance (the "Charges"). Such offences, initiated against Mr. Luk in his personal capacity, took place before the appointment of Mr. Luk as a Director of the Company and does not relate to the affairs of the Company or any of its subsidiaries.
The Company has been informed by Mr. Luk that on 5 August 2014, he was convicted of the
Charges by the District Court of Hong Kong under (Case No.DCCC851/2013) and was found guilty.

RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER

Mr. Luk has resigned from his offices of Executive Director and Chief Executive Officer of the Company with effect from 5 August 2014 due to the said conviction. Mr. Luk has confirmed that his resignation is not due to disagreement with the Board. The Board and Mr. Luk have further confirmed that there is no matter regarding Mr. Luk's resignation that needs to be brought to the attention of the shareholders of the Company.
The Company will seek a suitable candidate to act in the position of Chief Executive Officer when appropriate.

NO MATERIAL ADVERSE IMPACT ON OPERATIONS AND FINANCIAL CONDITIONS

The Board does not expect the conviction and resignation of Mr. Luk from the said offices of the
Company to have a material adverse impact on the Group's operations and financial conditions.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By order of the board of directors of

Brockman Mining Limited Chan Kam Kwan, Jason Company Secretary

Hong Kong, 5 August 2014
- 2 -

Contact:

Michelle Manook

General Manager External Affairs (Brockman Mining Australia) Telephone: +61 8 9389 3000 and Cell: +61 417 954 474

As at the date of this announcement, the board of directors of the Company comprises Mr. Kwai Sze Hoi (Chairman), Mr. Liu Zhengui (Vice Chairman) and Mr. Ross Stewart Norgard as non-executive directors; Mr. Chan Kam Kwan, Jason (Company Secretary), Mr. Warren Talbot Beckwith and Mr. Kwai Kwun Lawrence as executive directors; and Mr. Yap Fat Suan, Henry, Mr. Uwe Henke Von Parpart, Mr. Yip Kwok Cheung, Danny and Mr. Choi Yue Chun, Eugene as independent non- executive directors.

- 3 -

distributed by

ę Publicnow 2014
All news about BROCKMAN MINING LIMITED
02/28Brockman Mining's Fiscal H1 Loss Widens
MT
02/27Brockman Mining Limited Reports Earnings Results for the Half Year Ended December 31, 2..
CI
2022Brockman Mining Limited Announces Retirement of Liu Zhengui as a Non-Executive Director..
CI
2022Brockman Mining Limited Announces Retirement of Liu Zhengui as Non-Executive Director a..
CI
2022Brockman Mining Limited Reports Earnings Results for the Full Year Ended June 30, 2022
CI
2022Brockman Mining Limited Auditor Raises 'Going Concern' Doubt
CI
2022Brockman Mining : Application for quotation of securities - BCK
PU
2022Brockman Mining's Fiscal H1 Loss Widens on Higher Expenses
MT
2022Brockman Mining : Interim Report
PU
2022Brockman Mining : Interim Results Announcement - 6 months ended 31 Dec 21
PU
More news
Financials
Sales 2022 - - -
Net income 2022 -20,8 M -2,66 M -2,66 M
Net Debt 2022 23,7 M 3,03 M 3,03 M
P/E ratio 2022 -120x
Yield 2022 -
Capitalization 1 392 M 178 M 178 M
EV / Sales 2021 -
EV / Sales 2022 -
Nbr of Employees 9
Free-Float 47,7%
Chart BROCKMAN MINING LIMITED
Duration : Period :
Brockman Mining Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BROCKMAN MINING LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Managers and Directors
Sze Hoi Kwai Chairman
Fat Suan Yap Independent Non-Executive Director
Yue Chun Choi Independent Non-Executive Director
David Rolf Welch Independent Non-Executive Director
Kam Kwan Chan Secretary & Executive Director
Sector and Competitors
1st jan.Capi. (M$)
BROCKMAN MINING LIMITED-5.06%178
VALE S.A.-25.37%58 331
FORTESCUE METALS GROUP LIMITED-3.17%39 951
KUMBA IRON ORE LIMITED-10.83%7 165
CSN MINERAÇÃO S.A.12.01%5 003
NMDC LIMITED-13.20%3 793
-40% off: Our subscriptions help you unlock hidden opportunities!
Subscribe
fermer