MacroAsia Corporation Announces Board and Committee Changes
December 12, 2019 at 07:01 pm EST
MacroAsia Corporation announced Mr. Rex Vincent Young, Director of the Corporation has resigned from his position effective December 12, 2019. Mr. Lucio Chen Tan III was elected as Director of the Corporation in replacement of Mr. Lucio K. Tan, Jr. Mr. Eduado Luis Tan Luy was elected as Director in replacement of Mr. Rex Vincent Young, and appointed as Treasurer of the Corporation. The appointments of Mr. Tan III and Mr. Luy are effective on December 12, 2019. The board-approved changes in the committees below, effective on December 12, 2019. Corporate Governance Committee: Lucio C. Tan III member, vice Lucio K. Tan, Jr. (LKT,Jr.); Audit Committee: Lucio C. Tan III member, vice Rex Vincent Young; Related Party Transactions Committee: Lucio C. Tan III member, vice LKT, Jr.; Compensation Committee: Lucio C. Tan III member, vice LKT, Jr.; Investment Committee: Lucio C. Tan III member, vice LKT, Jr.; Mining Committee: Johnip G. Cua Chairman, vice LKT, Jr.; Mining Committee: Eduardo LuisTan Luy member, vice Johnip G. Cua who will be Chairman.