Asia Resource Minerals replaces chairman after investor revolt

June 27 Fri Jun 27, 2014 12:39pm EDT

Related Topics

June 27 (Reuters) - Indonesian coal miner Asia Resource Minerals Plc (ARMS) named Bob Kamandanu as chairman after investors did not re-elect Chris Walton at Friday's annual shareholder meeting.

The company replaced chief executive Nick von Schirnding earlier this month with independent non-executive director Amir Sambodo.

ARM said at the time that the board had made the decision to change the chief executive as it felt the role should move from London, where von Schirnding is based, to Indonesia, near the Berau coal mine, ARMS' sole coal asset. (Reporting by Richa Naidu in Bangalore; Editing by Kirti Pandey)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

A tourist takes a plunge as she swims at Ngapali Beach, a popular tourist site, in the Thandwe township of the Rakhine state, October 6, 2013. Picture taken October 6, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: SOCIETY) - RTR3FOI0

Where do you want to go?

We look at when to take trips, budget considerations and the popularity of multigenerational family travel.   Video