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Yorkcor Board Appointment

Release Date: 28/08/2006 10:38
Code(s): YRK
Wrap Text

Yorkcor Board Appointment The York Timber Organisation Limited (Incorporated in the Republic of South Africa) (Registration number 1916/004890/06) Share code: YRK & ISIN": ZAE000008108 ("Yorkcor" or "the company") YORKCOR BOARD APPOINTMENT Thamsanqa (Gay) Mokoena has been appointed a non-executive director of JSE- listed forestry products group, the York Timber Organisation Limited (Yorkcor). Mokoena is a development economist, who holds B. Admin (Hons) and Master of Business Leadership (MBL) degrees from Unisa. He has worked in the small business development sector for more than 20 years, ultimately at executive management level and was a visiting auditor at the West LB Bank, Dsseldorf, in Germany in 1995. After the democratic elections in 1994, Mokoena joined the Mpumalanga Provincial Government where he assisted with the transformation of the governmental structures and was later appointed to head the SMME Desk in the Mpumalanga Government. In this position, he was responsible for developing the Small Business Development Strategy for Mpumalanga. He also played a major role in the development of the White Paper on Small Business Strategy in South Africa in 1995. Mokoena left government at the end of 1998 to start Silulu Investment Services, a private company involved in financial and consulting services for the SMME sector and deal-making for BEE consortia. He put together the Londoloza Forestry Consortium, a BEE group that together with Paharpur Cooling Towers of India, was named the reserve bidder for the Komatiland privatisation project. Mokoena is a director of a number of companies, including the Mpumalanga Housing Finance Company and water utility, the Greater Nelspruit Utility Company. He is also Secretary-General of the National African Federated Chamber of Commerce and Industry (Nafcoc) in the Mpumalanga Province. Ends ISSUED FOR: THE YORK TIMBER ORGANISATION LIMITED (YORKCOR) CONTACT : Ivor tucker, Managing Director: 012 804 9730 FAX NO : 012 804 8611 E-MAIL : ivor@yorkcor.co.za WEBSITE : www.yorkcor.co.za ISSUED BY : Letsema Communications CONTACT : Tish Stewart: 011 325 4195 / 082 443 6399 FAX NO : 011 325 4199 E-MAIL : tish@letsemacom.co.za DATE : 27 August 2006 Date: 28/08/2006 10:38:58 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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